Mister Car Wash Q2 revenue rises 4% but misses estimates

Mister Car Wash

30/07/2025 21:32

Overview

Mister Car Wash Q2 net rev rises 4% but misses analysts' expectations

Adjusted EBITDA for Q2 falls 2%, missing estimates

Co opens 4 new greenfield locations, UWC memberships grow 5%

Outlook

Company revises full-year revenue outlook to $1,046 to $1,054 mln

Mister Car Wash expects comparable-store sales growth of 1.5% to 2.5%

Company forecasts adjusted EBITDA of $338 to $342 mln for 2025

Mister Car Wash plans to open approx. 30 new greenfield locations

Result Drivers

UWC MEMBERSHIP GROWTH - UWC memberships increased 5% year-over-year, contributing to recurring revenue, per CEO John Lai

COMP STORE SALES - Comparable-store sales rose 1.2%, marking the ninth consecutive quarter of positive growth

NEW LOCATIONS - Opened 4 new greenfield locations, increasing total locations by 6% year-over-year

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$265.42 mln
$271.70 mln (16 Analysts)
Q2 Net Income
$28.60 mln
Q2 Adjusted EBITDA
Miss
$87 mln
$92.70 mln (15 Analysts)
Q2 Operating income
$54.15 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the personal services peer group is "buy"

Wall Street's median 12-month price target for Mister Car Wash Inc is $9.00, about 30.6% above its July 29 closing price of $6.25

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nGNXbckL2m

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)