For the quarter ended March 2025, Driven Brands Holdings Inc. (DRVN) reported revenue of $516.16 million, down 9.8% over the same period last year. EPS came in at $0.27, compared to $0.23 in the year-ago quarter.The reported revenue represents a surprise of +4.02% over the Zacks Consensus Estimate of $496.22 million. With the consensus EPS estimate being $0.23, the EPS surprise was +17.39%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compar ...

Driven Brands Holdings Inc. (DRVN) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.39%. A quarter ago, it was expected that this company would post earnings of $0.17 per share when it actually produced earnings of $0.30, delivering a surprise of 76.47%.Over the last four quarters, ...

Driven Brands (DRVN) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Good morning, ladies and gentlemen, and welcome to the Driven Brands Q1 twenty twenty five Earnings Call. At this time, all lines are in a listen only mode. Following the presentation, we will conduct a question and answer session. This call is being recorded on Tuesday, 05/06/2025. I would now like to turn the conference over to Joel Arneo, SVP of Finance and Investor Relations. Please go ahead. Speaker1 Good morning, and welcome ...

Driven Brands Holdings Inc. Reports First Quarter 2025 Results --17th consecutive quarter of same store sales growth-- --Take 5 Oil Change delivers revenue growth of 15% and same store sales growth of 8%-- --Completed divestiture of U.S. car wash business in April 2025-- --Reaffirms fiscal year 2025 outlook-- For the first quarter, Driven Brands delivered revenue of $516.2 million, an increase of 7% versus the prior year. System-wide sales increased 2% to $1.5 billion, driven by a 1% increase in same store ...

Net leverage ratio as of Q1 2025 was 4.3x Reconciliation of LTM Q1 Fiscal 2025 Net Loss and Debt Agreement Adjusted EBITDA | | | | Twelve | | | | --- | --- | --- | --- | --- | --- | | | Nine months | Three months | months | | | | | ended | ended | ended | | | | ($ thousands) | 28-Dec-24 | 29-Mar-25 | 29-Mar-25 | ($ thousands) | 29-Mar-25 | | Net (loss)/income | ($296,757) | $17,490 | ($279,267) | Total Debt | $2,648,506 | | Income tax (expense)/benefit | (31,307) | 7,031 | (24,276) | | | | Interest expense, ...

Core Viewpoint - A Federal Court has ruled that allegations of securities fraud against Driven Brands Holdings Inc. and certain officers are sufficiently pleaded, allowing the case to proceed [1][4]. Group 1: Allegations and Legal Proceedings - The securities fraud class action complaint claims that Driven Brands and its officers made materially false and misleading statements regarding the company's ability to integrate acquired businesses and the performance of its car wash segment [3]. - The court's decision on February 20, 2025, confirmed that the allegations were adequately pleaded, surviving the defendants' motion to dismiss [4]. Group 2: Shareholder Actions - Current shareholders of Driven Brands who held shares since before October 27, 2021, can pursue corporate reforms, seek the return of funds to the company, and obtain a court-approved incentive award at no cost [2][5].

NEW YORK, April 8, 2025 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Driven Brands Holdings Inc. (NASDAQ: DRVN) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Insiders at Driven Brands caused the company to misrepresent that (i) Driven's ability to efficiently and effectively integrate a high volume of acquired businesses, including statements related to the status of integrating it ...

Core Viewpoint - Driven Brands Holdings Inc. is under investigation by Kahn Swick & Foti, LLC due to disappointing earnings and potential breaches of fiduciary duties by its executives [1][3]. Financial Performance - In Q2 2023, Driven Brands reported earnings that missed expectations, particularly in its Glass business segment, which is lagging in integration of acquired businesses [2]. - The Car Wash segment faced increased competition, negatively impacting demand, while the Paint and Collision segments also underperformed [2]. - As a result of these issues, the company reduced its full-year earnings guidance for fiscal 2023, despite previous affirmations [2]. Legal Issues - Following the disappointing earnings report, Driven Brands and certain executives were sued in a securities class action lawsuit for failing to disclose material information and violating federal securities laws [3]. - The court has denied the company's motion to dismiss the case, allowing the lawsuit to proceed [3]. - KSF's investigation is focused on whether the company's officers or directors breached their fiduciary duties to shareholders or violated state or federal laws [3].

Group 1 - The article discusses Driven Brands Holdings (NASDAQ: DRVN) and recommends a buy rating based on expectations of improved growth as the company overcomes previous challenges [1] - The author emphasizes a fundamentals-based approach to value investing, focusing on companies with long-term durability and robust balance sheets rather than just low multiples [1] - It is noted that while investing in successful companies carries risks, the potential for significant growth can make immediate price considerations less critical [1]

Delaware (State or other jurisdiction of incorporation or organization) (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 28, 2024 OR UNITED STATES ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-39898 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Driven Brands Holdings Inc. FORM 10-K (Exact name of Registrant as specified in its charter) 440 S ...