Driven Brands Holdings Inc Stock News

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NEW YORK and NEW ORLEANS , March 21, 2025 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq.

CHARLOTTE, N.C.--(BUSINESS WIRE)--Driven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven Brands” or the “Company”) today announced a change in its segment reporting, which is effective the first quarter of 2025. “Our re-aligned reporting structure better reflects how we view our operations and manage the company, providing important insights into the drivers of value creation. A key highlight is t...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into Driven Brands Holdings Inc. (NasdaqGS: DRVN). On August 2, 2023, the Company disclosed 2Q2023 earnings that missed expectations, including disappointing results for its Glass business segm...

Driven Brands' 4Q24 earnings reinforce my buy rating, driven by Take 5's strong SSS growth and margin improvements, and the strategic sale of the U.S. Car Wash business. Revenue grew 1.9% y/y to $564.1 million, with system-wide sales up 5.5% and adj EBITDA margin expanding to 23.2%. Take 5's 9.2% SSS growth and increased adoption of higher-margin services highlight its robust performance and po...

CHARLOTTE, N.C.,--(BUSINESS WIRE)--Driven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven Brands” or the “Company”) today announced that it will participate in the Bank of America 2025 Consumer & Retail Conference in Miami. The Company's fireside chat is scheduled to begin at 9:40 a.m. ET on Tuesday, March 11, 2025. The fireside chat will be webcast live from the Company's Investor Relations websi...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Driven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven Brands” or the “Company”) today reported financial results for the fourth quarter and fiscal year ending December 28, 2024. For fiscal year 2024, Driven Brands delivered revenue of $2.3 billion, an increase of 2% versus the prior year. System-wide sales increased 4% to $6.5 billion, driven by a 1% increase in ...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Driven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven Brands” or the “Company”) today announced that its Board of Directors has named Chief Operating Officer Daniel Rivera as President and Chief Executive Officer and has appointed him to the Board, effective May 9, 2025. On February 24, 2025, Jonathan Fitzpatrick, who has served as Driven Brands' President and CE...