Mister Car Wash Earnings Reports

Mister Car Wash saw a 9% increase in net revenues, reaching $251.2 million. Net income was $9.2 million, while adjusted net income was $30.7 million. The company expanded its footprint, adding 14 new locations. Comparable-store sales grew by 6.0%, and the Unlimited Wash Club (UWC) memberships continued to grow, contributing 75% of total wash sales.

Mister Car Wash announced a 7% increase in net revenues to $249.3 million and a 2.9% increase in comparable-store sales. The company also opened 10 new greenfield locations, surpassing 500 total locations. Net income was reported at $22.3 million, or $0.07 per diluted share, and adjusted net income was $28.8 million, or $0.09 per diluted share.

Mister Car Wash reported an 8% increase in net revenues, reaching $255.0 million, and a 2.4% increase in comparable-store sales. The company added 15,000 net new Unlimited Wash Club members, bringing the total to 2.1 million. Adjusted EBITDA increased by 20% to $88.7 million.

Mister Car Wash reported a 6% increase in net revenues to $239.2 million. Comparable-store sales increased by 0.9%, and the Unlimited Wash Club memberships grew by 5% year-over-year, reaching 2.1 million members. The company opened six new greenfield locations and managed expenses to deliver strong cash flow and $75.2 million of adjusted EBITDA.

Mister Car Wash reported a 7.6% increase in net revenues to $234.1 million. Comparable store sales increased by 1.7%, and UWC membership grew by 11.3% to approximately 2.1 million members. Net income was reported at $19.5 million, or $0.06 per diluted share, while adjusted net income was $25.5 million, or $0.08 per diluted share.

Mister Car Wash reported a 5.2% increase in net revenues, reaching $236.9 million. The Unlimited Wash Club (UWC) memberships grew by 12.2%, and comparable store sales increased by 0.3%. The company opened nine new greenfield locations and acquired one location, expanding its total car wash locations to 449. Net income was reported at $27.1 million, or $0.08 per diluted share.

Mister Car Wash reported a 12.0% increase in net revenues, reaching $217.6 million. Comparable store sales increased by 2.9%, and the company expanded its Unlimited Wash Club memberships by 18.9%, reaching 1.860 million members. The company opened eight new greenfield locations and acquired three locations, increasing the total number of car wash locations to 420.

Mister Car Wash reported a 14.2% increase in net revenues, reaching $225.2 million, and a 2.4% increase in comparable store sales. The company added over 59,000 Unlimited Wash Club members, bringing the total to 1.841 million, a 20% increase year-over-year. Net income was $35.7 million, or $0.11 per diluted share.

Mister Car Wash announced its Q1 2022 financial results, with net revenues increasing by 25.0% to $219.4 million compared to Q1 2021. Comparable store sales also increased by 11.0%. The company had 1.781 million Unlimited Wash Club members, a 28.1% increase year-over-year.

Mister Car Wash announced strong financial results for the fourth quarter of 2021, with an 18.2% increase in net revenues, a 14.6% increase in comparable store sales, and the addition of 36 net new locations. The company also reported a 34.3% increase in Unlimited Wash Club memberships.

Mister Car Wash reported a strong second quarter with a 93% increase in net revenues to $197.1 million compared to Q2 2020. Comparable store sales increased by 93%, and the company added approximately 143,000 new Unlimited Wash Club (UWC) members. However, the company reported a net loss of $110.3 million due to a one-time, non-cash charge related to the vesting of legacy performance-vesting options in connection with the IPO.