Driven Brands (DRVN)

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Driven Brands (DRVN) - 2023 Q4 - Annual Report
2024-02-27 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-39898 Driven Brands Holdings Inc. (Exact name of Registrant as specified in its charter) | Title of each class | Trading Symbol | Name of each exchange on which regis ...
Driven Brands (DRVN) - 2023 Q4 - Earnings Call Transcript
2024-02-22 22:00
Driven Brands Holdings Inc. (NASDAQ:DRVN) Q4 2023 Earnings Conference Call February 22, 2024 8:30 AM ET Company Participants Joel Arnao - SVP, Finance Jonathan Fitzpatrick - President & CEO Danny Rivera - EVP & COO Gary Ferrera - EVP & CFO Conference Call Participants Peter Benedict - Baird, Seth Sigman - Barclays Chris O'Cull - Stifel Jason Haas - Bank of America Christian Carlino - JPMorgan Peter Keith - Piper Sandler Simeon Gutman - Morgan Stanley Operator Good morning. My name is Ludy, and I will be you ...
Driven Brands Holdings Inc. (DRVN) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-22 15:36
Driven Brands Holdings Inc. (DRVN) reported $553.68 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 2.6%. EPS of $0.19 for the same period compares to $0.25 a year ago.The reported revenue represents a surprise of -2.26% over the Zacks Consensus Estimate of $566.46 million. With the consensus EPS estimate being $0.18, the EPS surprise was +5.56%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...
Driven Brands Holdings Inc. (DRVN) Tops Q4 Earnings Estimates
Zacks Investment Research· 2024-02-22 13:56
Driven Brands Holdings Inc. (DRVN) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.18 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 5.56%. A quarter ago, it was expected that this company would post earnings of $0.19 per share when it actually produced earnings of $0.20, delivering a surprise of 5.26%.Over the last four quarters, th ...
Driven Brands (DRVN) - 2023 Q4 - Annual Results
2024-02-21 16:00
Exhibit 99.1 Driven Brands Holdings Inc. Reports Fourth Quarter and Fiscal Year 2023 Results For the fiscal year, Driven Brands delivered revenue of $2.3 billion, up 13% versus the prior year. System-wide sales were $6.3 billion, up 12% versus the prior year driven by 7% same-store sales growth and 4% net store growth. The Company added 183 net new stores during fiscal 2023. During the fiscal year, the Company recognized an $851.0 million non-cash goodwill impairment in the Car Wash segment as well as $132. ...
Driven Brands Holdings Inc. to host fourth quarter and year-end earnings conference call on February 22, 2024
Prnewswire· 2024-02-06 21:45
CHARLOTTE, N.C., Feb. 6, 2024 /PRNewswire/ -- Driven Brands Holdings Inc. (NASDAQ: DRVN) will release its fourth quarter and year-end 2023 earnings before the market opens on Thursday, February 22, 2024. Following the release, management will host a conference call at 8:30 a.m. ET to review the company's financial and operating performance. The conference call will be available via live webcast on Driven Brands' Investor Relations webpage at investors.drivenbrands.com. An archived replay of the conference c ...
Driven Brands (DRVN) - 2023 Q3 - Quarterly Report
2023-11-08 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR | Title of each class | Trading Symbol | Name of each exchange on which registered | | --- | --- | --- | | Common Stock, $0.01 par value | DRVN | The Nasdaq Global Select Market | Indicate by check mark whether the registrant (1) has filed all reports required to be filed by ...
Driven Brands (DRVN) - 2023 Q3 - Earnings Call Transcript
2023-11-01 14:55
Driven Brands Holdings Inc. (NASDAQ:DRVN) Q3 2023 Earnings Conference Call November 1, 2023 8:30 AM ET Company Participants Joel Arnao - Senior Vice President-Finance Jonathan Fitzpatrick - President & Chief Executive Officer Danny Rivera - Executive Vice President & Chief Operating Officer Gary Ferrera - Executive Vice President & Chief Financial Officer Conference Call Participants Peter Benedict - Baird Seth Sigman - Barclays Simeon Gutman - Morgan Stanley Liz Suzuki - Bank of America Kate McShane - Gold ...
Driven Brands (DRVN) - 2023 Q2 - Earnings Call Transcript
2023-08-02 18:40
Gary Ferrera Gary Ferrera Sharon Zackfia One of the things that we have to focus on is continue to grow our overall membership count, which obviously drives improvement in weather volatility because you've got that sort of guaranteed revenue stream. And then secondly, that drives brand loyalty and stickiness to our consumer base. So that's one thing that we're heavily focused on. Ladies and gentlemen, this concludes your conference call for today. We thank you for participating and ask that you please disco ...
Driven Brands (DRVN) - 2023 Q1 - Earnings Call Transcript
2023-05-06 05:09
Tiffany Mason Understood. And then just in terms of like the shape of the overall company EBITDA margin over the year and particularly how it plays out in Car Wash and PC&G. I know that you had the conversion expenses in Car Wash and then you have the integration expense and sort of revenue headwind and PC on the glass side. So have those, I guess, pressures peaked in those segments? And how are you -- how does that translate to the EBITDA margin shape over the year? In terms of the competitive intensity or ...