Stock Track | Mister Car Wash Soars 8.55% on Strong Q4 Results and Expansion Plans

Stock Track

Feb 20, 2025

Shares of Mister Car Wash, Inc. (MCW) soared by 8.55% during the pre-market trading session on Thursday, following the company's impressive fourth-quarter 2024 earnings report and strategic growth plans unveiled during the earnings call.

The car wash operator reported robust financial results for Q4 2024, with a 6% increase in same-store sales, marking the seventh consecutive quarter of comparable store sales growth. For the full year 2024, the company achieved record revenue growth of 7% and a 12% increase in adjusted EBITDA.

Mister Car Wash's expansion efforts also gained momentum, with the company surpassing the 500-store milestone by opening 40 new locations in 2024. Furthermore, the introduction of the premium Titanium service exceeded expectations, contributing to a 23% penetration rate among Unlimited Wash Club (UWC) members.

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(MCW) soared by 8.55% during the pre-market trading session on Thursday, following the company's impressive fourth-quarter 2024 earnings report and strategic growth plans unveiled during the earnings call.</p>\n\n<p>The car wash operator reported robust financial results for Q4 2024, with a 6% increase in same-store sales, marking the seventh consecutive quarter of comparable store sales growth. For the full year 2024, the company achieved record revenue growth of 7% and a 12% increase in adjusted EBITDA.</p>\n\n<p>Mister Car Wash's expansion efforts also gained momentum, with the company surpassing the 500-store milestone by opening 40 new locations in 2024. Furthermore, the introduction of the premium Titanium service exceeded expectations, contributing to a 23% penetration rate among Unlimited Wash Club (UWC) members.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MCW","symbol_name":"Mister Car Wash, Inc.","start_time":0,"source_url":"","article_id":"1160379270","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1160379270","pubTimestamp":1740062052,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Mister Car Wash, Inc.  soared by 8.55% during the pre-market trading session on Thursday, following the company's impressive fourth-quarter 2024 earnings report and strategic growth plans unveiled during the earnings call.The car wash operator reported robust financial results for Q4 2024, with a 6% increase in same-store sales, marking the seventh consecutive quarter of comparable store sales growth. 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