Welcome to our dedicated page for Driven Brands Holdings news (Ticker: DRVN), a resource for investors and traders seeking the latest updates and insights on Driven Brands Holdings stock.
Driven Brands Holdings Inc. reports developments across its North American automotive services platform, including Take 5 Oil Change, Meineke, Maaco, 1-800-Radiator & A/C, Auto Glass Now, CARSTAR, Abra and Fix Auto USA. News commonly covers earnings updates, same-store sales, unit growth, franchise-brand activity, collision repair certifications, auto glass operations and changes to reportable segments.
The company’s recent corporate updates also include the completed sale of its international car wash business, updated segment reporting for Take 5, Franchise Brands and Auto Glass Now, and financial-reporting matters such as restatements, delayed periodic filings, Nasdaq compliance notices and securities litigation developments.
Driven Brands (NASDAQ: DRVN) reported second quarter 2026 revenue of $507.4 million, up about 7% year over year, with system-wide sales rising 5% to $1.63 billion and same store sales up 1.4%. Net income from continuing operations was $37.3 million ($0.23 diluted EPS) versus $16.4 million ($0.10) a year ago, while Adjusted Net Income was $48.2 million ($0.29) versus $48.9 million ($0.30). Adjusted EBITDA was $107.0 million, down about 7% and including $11.8 million of non-recurring, restatement-related costs.
Take 5 delivered system-wide sales of $460.2 million and 3.6% same store sales growth, its 24th consecutive positive quarter. Driven Brands ended the quarter with a net leverage ratio of 3.1x Adjusted EBITDA and total liquidity of $855 million. The company reiterated its fiscal 2026 outlook, including revenue of $1.95–$2.05 billion, Adjusted EBITDA of $430–$460 million (expected at the low end), Adjusted Diluted EPS of $1.15–$1.25, free cash flow of $125–$145 million, same store sales growth of flat to 2%, and net store growth of 160–190. Driven Brands also reported regaining Nasdaq listing compliance in June 2026.
Driven Brands Holdings (NASDAQ: DRVN) announced that its Board of Directors unanimously rejected a non-binding, highly conditional and unsolicited proposal from ADW Capital Management to acquire the company for $18.00 per share in cash.
According to Driven Brands, the Board, advised by financial and legal advisors, determined the proposal does not provide a credible basis to proceed and significantly undervalues the company relative to its long-term value creation opportunities, so is not in the best interests of shareholders. The company highlights a network of over 4,200 locations across the U.S. and Canada, serving tens of millions of vehicles annually, generating about $1.9 billion in annual revenue from roughly $6.1 billion in system-wide sales as of fiscal 2025.
Driven Brands (NASDAQ: DRVN) will release its financial results for the second quarter ended June 27, 2026 before the market opens on August 6, 2026. Management will then host an earnings conference call at 8:30 a.m. ET, accessible via webcast on the company’s Investor Relations website, with a replay available for at least three months.
CrownPoint Partners represented a West Coast private investor in acquiring a Take 5 Oil Change ground lease at 11858 Panama City Beach Parkway, Panama City Beach, Florida, fulfilling the buyer’s 1031 exchange after selling two Southern California rentals. The brand-new 1,430 sq. ft. facility sits on 1.33 acres at a signalized intersection on U.S. Highway 98 and is backed by a 20-year absolute ground lease with a corporate guaranty, 10% rent increases every five years, and four five-year renewal options.
The site is part of a new development that also includes McDonald’s, Panera Bread and PenAir Federal Credit Union, and benefits from approximately 50,000 vehicles per day, 14 million annual visitors, nearby national retailers, a 55+ community and a 1,600+ student high school. According to CrownPoint Partners, Panama City Beach and Bay County have shown strong recent and projected population growth. Take 5 Oil Change, operating under the Driven Brands (NASDAQ: DRVN) platform, has expanded to more than 1,000 U.S. locations. CrownPoint highlights this transaction as evidence of its net-lease advisory capabilities nationwide.
Driven Brands (NASDAQ: DRVN) reported first quarter 2026 revenue of $484.4 million, up 8% year over year, with system-wide sales of $1.57 billion and 2% same store sales growth.
Net income from continuing operations was $23.8 million ($0.14 diluted EPS). Adjusted EBITDA reached $104.1 million, including $9.1 million of restatement-related costs. Take 5 same store sales grew 4.5%. The company ended the quarter with a 3.2x net leverage ratio and $804 million in liquidity. Driven Brands reiterated its 2026 outlook, including revenue of ~$1.95–$2.05 billion and free cash flow of $125–$145 million.
Driven Brands (NASDAQ: DRVN) will release first quarter 2026 financial results, for the period ended March 28, 2026, before the market opens on June 11, 2026.
Management will host a webcast conference call at 8:30 a.m. ET, with a replay available on the investor relations website for at least three months.
Driven Brands (NASDAQ: DRVN) received a Nasdaq notice on June 1, 2026, stating it is not in compliance with Listing Rule 5250(c)(1) because its Q1 2026 Form 10-Q has not been filed.
The delay is tied to prior-period financial restatements and the late 2025 Form 10-K, filed May 19, 2026. The notice has no immediate effect on listing or trading. Driven Brands has until July 31, 2026, to submit a compliance plan and may have until November 25, 2026, to regain compliance. The company aims to file the 10-Q as soon as practicable.
Driven Brands (NASDAQ:DRVN) reported fiscal 2025 revenue of $1.9 billion, up 6.3%, and net income from continuing operations of $132.1 million. Q4 2025 revenue was $460.1 million with net income of $40.7 million. The company completed financial statement restatements, divested its international car wash business for ~€411 million, improved pro forma net leverage to 3.3x Adjusted EBITDA, ended 2025 with liquidity of $634 million, and issued 2026 guidance for revenue of $1.95–$2.05 billion, Adjusted EBITDA of $430–$460 million, and Adjusted EPS of $1.15–$1.25.
Driven Brands (NASDAQ:DRVN) will release its fourth quarter and fiscal year 2025 financial results before market open on May 19, 2026. Management will host an earnings conference call at 8:30 a.m. ET, accessible via webcast on the company’s investor relations website, with a replay available for at least three months.
Driven Brands (NASDAQ: DRVN) provided preliminary unaudited results for Q4 2025, FY 2025 and Q1 2026 and updated its SEC filing status on April 21, 2026. Key metrics include FY 2025 revenue of $1,850–$1,860M, Adjusted EBITDA $440–$450M, and ending Q1 2026 cash of ~$130M. The company expects total net debt of ~$1.6B at March 28, 2026, down from ~$2.1B at year end.
Driven Brands disclosed it will restate prior-period financials, identified material weaknesses in controls, and expects delays filing the 2025 Form 10-K and Q1 2026 Form 10-Q; it cites expenses tied to the restatement that will reduce Q1 2026 adjusted EBITDA.