MCW News and Press, Mister Car Wash Inc. From 08/28/23

2023-08-28 08:43:42 ET Hersha Hospitality ( HT ) +57% trust agrees to $1.4B buyout by KSL. LQR House ( LQR ) +40% . GD Culture Group  ( GDC ) +26% Group Limited Expands Grids of the Future Portfolio with TikTok to Drive Growth of Live-Streaming E-Com...

2023-08-16 06:59:05 ET Summary I am downgrading my rating on DRVN stock from a buy to a hold due to the murky outlook. Declining same-store sales and increased competition are contributing to weaker-than-anticipated demand for Driven Brands. I believe there is still potential ...

2023-08-16 05:04:19 ET Summary I recommend a buy rating for Mister Car Wash due to gaining market share and positive comps. Concerns over increased competition expressed by Driven Brands have caused a drop in MCW's stock, but I see it as a buying opportunity. MCW's ability to ...

2023-08-06 05:05:57 ET Summary Mister Car Wash has seen strong growth in recent years, but higher rents and interest expenses have hurt earnings and profitability. The company's IPO valuation was high at $6 billion, but since then, shares have been on a downward trend. The com...

2023-08-04 16:07:02 ET Mister Car Wash, Inc. (MCW) Q2 2023 Earnings Conference Call August 03, 2023 04:30 PM ET Company Participants John Lai - Chairperson & Chief Executive Officer Jed Gold - Chief Financial Officer Conference Call Participants John ...

2023-08-03 17:03:15 ET Mister Car Wash press release ( NYSE: MCW ): Q2 Non-GAAP EPS of $0.09 in-line. Revenue of $236.9M (+5.2% Y/Y) misses by $4.88M . Adjusted EBITDA decreased less than 1% to $73.9 million from $74.5 million in the second quarter of 2022. ...

Net revenues increased 5.2% Unlimited Wash Club memberships increased 12.2% Opened nine new greenfield locations and acquired one location Fiscal 2023 guidance revised Mister Car Wash, Inc. (the “Company”) (NYSE: MCW), the nation’s largest ca...

Mister Car Wash, Inc. (the "Company" or "Mister"; NYSE: MCW), the nation’s largest car wash brand, today announced that its financial results for the second quarter of 2023 will be released after market close on Thursday, August 3, 2023. The Company will host a conference call at 4:30 p.m....

2023-06-28 07:46:45 ET Summary Mister Car Wash's scalable business model and high EBITDA margin make it an attractive investment opportunity, despite risks from inflation, limited suppliers, and potential loss of key employees. The company's growth in net revenue, adjusted EBITDA,...

2023-05-02 22:26:06 ET Mister Car Wash, Inc. (MCW) Q1 2023 Earnings Conference Call May 02, 2023 04:30 PM ET Company Participants John Lai - Chairperson & Chief Executive Officer Jed Gold - Chief Financial Officer Conference Call Participants Michael ...