Driven Brands Holdings: Pricing Strategy Is Working Out Well

Andy Sotiriou Summary Following my coverage of Driven Brands Holdings (NASDAQ:DRVN) in Mar'24, which I recommended a buy rating due to my expectation that the shares have been oversold and DRVN can beat its FY26 EBITDA margin guidance, this post is to provide an update on my thoughts on the business and stock. I am still buy-rated on DRVN despite the poor headline revenue performance. Bad weather was a major headwind for DRVN and had masked the positive results from DRVN's pricing strategy. As DRVN laps thi ...