NASDAQ$MCW
Mister Car Wash Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Mister Car Wash reported an increase in revenue and comparable store sales growth for Q4 2021.
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.
- Net revenues increased by 18.2% to $191.5 million.
- Comparable store sales increased by 14.6%.
- The company added 36 net new locations.
- UWC sales represented approximately 67.0% of total wash sales.
Headline financials
Revenue & EPS history
Mister Car Wash · Revenue · Quarterly
$191M
Forward guidance
The Company’s outlook for the fiscal year ending December 31, 2022 compared to the actual results of fiscal 2021 is the following:
Tailwinds
- Net revenues $875 to $895 million
- Comparable stores sales growth % 5.0% to 7.0%
- GAAP net income (loss) $139 to $149 million
- Adjusted net income $144 to $153 million
- Adjusted EBITDA $284 to $297 million
Headwinds
- Adjusted net income per share, diluted $0.44 to $0.47
- Weighted average common shares outstanding, diluted, full year 329 million
- New greenfield locations Approx. 30
- Capital expenditures $285 to $315 million
- Sale leasebacks $140 to $150 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2021
+1.5%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+0.2%
Avg return
30 days after
48%
11 / 23 earnings
Positive
+26.1%
Q3 2023
Best reaction
-15.0%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.1% | -0.4% | — | |
| Q4 2025 | +16.5% | +16.3% | +15.8% | |
| Q3 2025 | +8.4% | +5.2% | +2.7% | |
| Q2 2025 | -5.9% | -8.6% | -7.0% | |
| Q1 2025 | +9.2% | +9.8% | +3.2% | |
| Q4 2024 | -1.6% | -0.9% | +6.6% | |
| Q3 2024 | +15.9% | +22.5% | +23.5% | |
| Q2 2024 | -4.6% | -10.8% | -15.2% | |
| Q1 2024 | +4.3% | +14.2% | +5.1% | |
| Q1 2021 | -1.2% | +5.5% | -2.8% | |
| Q4 2023 | -13.4% | -14.4% | -15.9% | |
| Q3 2023 | +26.1% | +26.5% | +54.6% | |
| Q2 2023 | -15.0% | -19.5% | -17.5% | |
| Q1 2023 | +0.7% | +2.9% | -6.7% | |
| Q4 2022 | +4.0% | +2.0% | -7.7% | |
| Q3 2022 | +21.9% | +14.9% | +13.4% | |
| Q2 2022 | -11.6% | -6.1% | -13.3% | |
| Q1 2022 | -6.8% | -3.4% | -2.2% | |
| Q4 2021 | +0.6% | -0.3% | -7.5% | |
| Q3 2020 | +2.1% | -4.6% | -1.4% | |
| Q3 2021 | -5.0% | -3.0% | -4.9% | |
| Q4 2020 | -8.9% | -6.1% | -9.5% | |
| Q2 2021 | -1.7% | -9.3% | -8.5% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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