Reports Q3 revenue $217.6M, consensus $215.53M. Comparable stores sales increased 2.9% compared to a 21.3% increase in the third quarter of 2021. "We are pleased with our third quarter results and believe it speaks to the resiliency and long-term opportunity of our business," stated John Lai, Chairperson and CEO of Mister Car Wash. "Similar to the trends in the previous quarter, demand remained steady, and retention of Unlimited Wash Club members remained consistent. We continue to balance long-term growth investments while being mindful of the realities of the current macroeconomic environment."
Published first on TheFly
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