MCW Earnings Prediction
The chart below shows how MCW performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MCW sees a +0.41% change in stock price 10 days leading up to the earnings, and a -2.80% change 10 days following the report. On the earnings day itself, the stock moves by -0.40%. This data can give you a slight idea of what to expect for the next quarter's release.
MCW Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
251.17M
9.14%
0.74%
Gross Margin
--
--
--
Operating Margin
17.70%
-5.35%
-10.47%
Net Margin
3.65%
-32.16%
-59.26%
EPS
0.03
-25.00%
-57.14%
No Data Available
MCW Earnings Analysis
Mister Car Wash Inc Corporation (MCW.N) Earnings Conference Call
Positive
Earnings Per Share Beat: Mister Car Wash, Inc. reported an EPS of $0.09, exceeding expectations of $0.07.
Consistent Comp Store Growth: The company achieved a strong comp store sales growth of 6% in Q4, marking the seventh consecutive quarter of comp growth.
Strong Revenue and EBITDA Growth: Record revenues and EBITDA were delivered for the full year, with sales up 7% and adjusted EBITDA growing by 12%.
Premium Service Impact: The introduction of the premium Titanium service contributed significantly, with 23% of UWC membership penetration overall.
Expansion Milestone Achieved: Mister Car Wash opened 40 new locations in 2024, surpassing the 500-store milestone.
Cost Discipline Success: The company maintained strong cost discipline, resulting in adjusted EBITDA and adjusted net income that exceeded guidance.
Sales Growth and Membership Increase: UWC sales represented 75% of total wash sales, with a year-over-year increase of 46,000 members, or roughly 2%.
Member Revenue Increase: The average Express revenue per member increased by 10% to $28.65 in Q4 compared to the previous year.
Sale-Leaseback Transactions Impact: The company executed 21 sale-leaseback transactions for an aggregate consideration of $98 million, enhancing its cash position.
Expansion and EBITDA Growth: Mister Car Wash anticipates continued growth in 2025, planning to open 30 to 35 new stores and expecting adjusted EBITDA growth of 4% to 8%.
Negative
Unpredictable Consumer Behavior: Consumer behavior remains difficult to predict, indicating potential volatility in future sales.
Weather Impact on Revenue: The non-subscription business is sensitive to weather, which could impact revenue unpredictably.
Cautious Outlook Ahead: Despite a strong Q4, management expressed caution about extrapolating current trends into 2025 due to uncertain consumer patterns.
Operating Expenses Pressure Margins: Operating expenses increased in certain areas, such as rent and utilities, which could pressure margins going forward.
Retail Market Challenges: The company anticipates continued headwinds in retail, although to a lesser extent than in 2024, suggesting ongoing challenges in the market.
Store Opening Timing Impact: The timing of new store openings is back-half weighted, which may lead to slower growth in the first half of 2025.
Membership Growth Challenges: While the Titanium membership performed well, the company is still facing challenges in increasing overall membership numbers, with only a 2% year-over-year increase in UWC members.
MCW FAQs
How does MCW typically perform around its earnings report dates?
Is Mister Car Wash Inc (MCW) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
MCW Earning Call Sentiment
Mister Car Wash, Inc. (NYSE:MCW) Q4 2024 Earnings Call Transcript
MCW.N
1.8%Positive
The earnings call presents a mixed outlook. Financial performance shows positive trends with increased EPS, revenue, and reduced interest expenses. However, concerns in the Q&A about competition, inflation, and unclear management responses on pricing and marketing strategies temper the optimism. The market strategy and shareholder return plan are positive, but economic factors and operational costs pose challenges. The company's market cap suggests less volatility, leading to a neutral prediction.
