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Driven Brands Holdings (DRVN) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-01 15:32
Driven Brands Holdings Inc. (DRVN) reported $611.57 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 0.8%. EPS of $0.35 for the same period compares to $0.29 a year ago. The reported revenue represents a surprise of -2.76% over the Zacks Consensus Estimate of $628.9 million. With the consensus EPS estimate being $0.27, the EPS surprise was +29.63%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expecta ...
Driven Brands Holdings Inc. (DRVN) Beats Q2 Earnings Estimates
ZACKS· 2024-08-01 13:25
Driven Brands Holdings Inc. (DRVN) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 29.63%. A quarter ago, it was expected that this company would post earnings of $0.20 per share when it actually produced earnings of $0.23, delivering a surprise of 15%. Over the last four quarters, t ...
Driven Brands (DRVN) - 2024 Q2 - Quarterly Results
2024-08-01 11:30
Exhibit 99.1 Driven Brands Holdings Inc. Reports Second Quarter 2024 Results —14th consecutive quarter of same store sales growth— —Take 5 Oil Change delivers 19% year-over-year unit growth and 6% same-store sales growth— —Net Income of $30 million and Adjusted EBITDA of $152 million— —CFO Appointment Announced— Charlotte, N.C. (August 1, 2024) - Driven Brands Holdings Inc. (NASDAQ: DRVN) ("Driven Brands" or the "Company") today reported financial results for the second quarter ending June 29, 2024. For the ...
The Portnoy Law Firm Announces Investigation of Driven Brands Holdings Inc. (NASDAQ: DRVN)
GlobeNewswire News Room· 2024-06-07 19:21
Investors can contact the law firm at no cost to learn more about recovering their losses. LOS ANGELES, June 07, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm is investigating potential claims against the board of directors of Driven Brands Holdings Inc. ("Driven Brands" or the "Company") (NASDAQ: DRVN). If you purchased Driven Brands shares prior to 2022 and wish to discuss this matter with us, or have any questions concerning your rights and interests with regards to this matter, please contact attorney L ...
Clear Blue Technologies Announces Q1 2024 Financial Results
GlobeNewswire News Room· 2024-06-04 23:33
TORONTO, June 04, 2024 (GLOBE NEWSWIRE) -- Clear Blue Technologies International Inc. (TSXV: CBLU) (FRANKFURT: OYA), the Smart Off-Grid™ Company, announces its financial results for the first quarter of 2024 ("Q1 2024") ending March 31, 2024. A complete set of Financial Statements and Management's Discussion & Analysis ("MD&A") has been filed at www.sedarplus.ca. All dollar amounts are denominated in Canadian dollars. On a Trailing Four Quarter ("TFQ") basis: Revenue was $5,950,005, a 255% increase from $1, ...
3 Automotive Parts Makers Growing at Double-Digit Rates
MarketBeat· 2024-05-07 15:21
Key PointsAs the automotive industry sets up for a potential comeback, three stocks could give investors double-digit EPS growth and upside through price targets. Being the first to get paid in the industry's value chain, these OEM names have analysts jumping all over them. Despite trading well below their 52-week lows, P/E ratios show markets are placing a premium quality on the future.The latest ISM manufacturing PMI index suggests that the turning point for the automotive stock sector is imminent. Accord ...
Driven Brands (DRVN) - 2024 Q1 - Earnings Call Transcript
2024-05-03 11:27
Conference Call Participants Company Participants Simeon Gutman - Morgan Stanley Peter Benedict - Baird Robby Ohmes - Bank of America Seth Sigman - Barclays Madison Callinan - Canaccord Genuity Christian Carlino - JPMorgan Kate McShane - Goldman Sachs Chris O'Cull - Stifel Peter Keith - Piper Sandler Good morning. My name is Karina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Driven Brands Q1 2024 Earnings Call. All lines have been placed on mute to pr ...
Driven Brands Holdings Inc. (DRVN) Surpasses Q1 Earnings Estimates
Zacks Investment Research· 2024-05-02 13:31
Driven Brands Holdings Inc. (DRVN) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15%. A quarter ago, it was expected that this company would post earnings of $0.18 per share when it actually produced earnings of $0.19, delivering a surprise of 5.56%.Over the last four quarters, the ...
Driven Brands (DRVN) - 2024 Q1 - Quarterly Results
2024-05-02 12:02
Exhibit 99.1 Driven Brands Holdings Inc. Reports First Quarter 2024 Results —Achieved 13 consecutive quarters of same store sales growth— —Maintenance segment delivered 5% same store sales growth driven by 7% in Take 5 Oil Change— --Net Income of $4 million and Adjusted EBITDA of $131 million— —Announces CFO transition— —Reaffirms Fiscal Year 2024 Outlook— The Company ended the first quarter with total liquidity of $308.0 million consisting of $165.5 million in cash and cash equivalents and $142.5 million o ...
Driven Brands to participate in the Bank of America 2024 Consumer & Retail Conference
Prnewswire· 2024-03-05 12:30
CHARLOTTE, N.C., March 5, 2024 /PRNewswire/ -- Driven Brands Holdings Inc. (NASDAQ: DRVN) ("Driven Brands" or the "Company") today announced that it will participate in the Bank of America 2024 Consumer & Retail Conference in Miami. The Company will participate in a fireside chat that is scheduled to begin at 1:50 p.m. EDT on Tuesday, March 12, 2024. The fireside chat will be webcast live from the Company's Investor Relations website at investors.drivenbrands.com on the Events & Presentations page. It will ...