earnings
confidence high
sentiment positive
materiality 0.75
Mister Car Wash Q2 net revenue up 8% to $255M, adjusted EBITDA up 20% to $88.7M
Mister Car Wash, Inc.
2024-Q2 EPS reported
$0.12
revenue$494,226,000
- Net revenues $255.0M (+8% YoY); comparable-store sales +2.4%.
- Adjusted EBITDA $88.7M (+20% vs $73.9M); net income $22.1M ($0.07 diluted EPS).
- UWC members ~2.1M, net adds ~15K; UWC sales 72% of wash sales (vs 69%).
- Opened nine greenfield locations; total stores 491 as of June 30, 2024 (+9% YoY).
- Reiterated full-year 2024 outlook; no change to prior guidance.