Compared to Estimates, Driven Brands Holdings (DRVN) Q4 Earnings: A Look at Key Metrics

Core Insights - Driven Brands Holdings Inc. (DRVN) reported revenue of $564.12 million for the quarter ended December 2024, reflecting a year-over-year increase of 1.9% but a revenue surprise of -1.18% compared to the Zacks Consensus Estimate of $570.83 million [1] - The company's EPS was $0.30, significantly higher than the $0.19 reported in the same quarter last year, resulting in an EPS surprise of +76.47% against the consensus estimate of $0.17 [1] Financial Performance Metrics - Same-store sales increased by 2.9%, surpassing the average estimate of 2.2% from four analysts [4] - The store count for Maintenance was 1,960, slightly above the estimate of 1,958 [4] - The store count for Car Wash was 1,102, below the estimate of 1,111 [4] - The store count for Paint, Collision, and Glass was 1,912, marginally below the estimate of 1,913 [4] - Revenue from Supply and other sources was $57.75 million, significantly lower than the average estimate of $75.42 million, representing a year-over-year decline of -21.2% [4] - Advertising contributions amounted to $25.51 million, slightly below the estimate of $27.07 million, with a year-over-year increase of +0.8% [4] - Independently-operated store sales reached $49.11 million, exceeding the estimate of $39.98 million, marking a +26.7% year-over-year increase [4] - Company-operated store sales were $387.66 million, above the estimate of $376.43 million, reflecting a +5.7% year-over-year increase [4] - Franchise royalties and fees totaled $44.09 million, below the estimate of $49.13 million, with a year-over-year decline of -11.3% [4] - Corporate / Other revenue was reported at -$3.10 million, significantly lower than the estimate of $8.17 million, representing a drastic change of -146.3% year over year [4] - Revenue from Platform Services was $40.20 million, slightly below the estimate of $41.88 million, indicating a year-over-year decline of -20.7% [4] - Revenue from Paint, Collision, and Glass was $97.30 million, below the estimate of $111.20 million, reflecting a year-over-year decrease of -16.8% [4] Stock Performance - Driven Brands Holdings' shares have returned -6.9% over the past month, compared to a -1.8% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]