Mister Car Wash reports Q1 EPS 8c, consensus 8c

Reports Q1 revenue $226.0M, consensus $230.1M. Comparable stores sales decreased 1.6%, compared to an 11.0% increase in the first quarter of 2022. "Our Unlimited Wash Club(R) proved resilient during the first quarter fueled by good member retention and signup levels. Despite some weather-related headwinds to retail sales in the first quarter, we added 122 thousand net new UWC Members and surpassed two million members marking another milestone for the Company," commented John Lai, CEO. "We remain committed to the ongoing investments in our business to drive sustainable long-term growth and remain confident in our 2023 full year outlook."