Driven Brands Holdings Inc. to host first quarter earnings conference call on May 3, 2023
Driven Brands Holdings (NASDAQ: DRVN) is set to announce its Q1 2023 earnings on May 3, 2023, before market opening.
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Rhea-AI Summary
Driven Brands Holdings (NASDAQ: DRVN) is set to announce its Q1 2023 earnings on May 3, 2023, before market opening. Following the earnings release, a conference call will occur at 8:30 a.m. ET to discuss the company’s financial and operational performance. Driven Brands, headquartered in Charlotte, NC, is the largest automotive services provider in North America, with over 4,800 locations and servicing more than 70 million vehicles annually. The company generates approximately $2 billion in annual revenue from over $5.6 billion in system-wide sales. Investors can access the conference call via the Investor Relations webpage, with an archived replay available until July 1, 2023.
Positive
- Largest automotive services company in North America.
- Over 4,800 locations across 15 countries.
- Servicing over 70 million vehicles annually.
- Generates approximately $2 billion in annual revenue.
Negative
- None.
Details
News Market Reaction – DRVN
The recorded move for DRVN in the trading session of this news was +0.39%.
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The conference call will be available via live webcast on
About
Disclosure Regarding Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are generally identified by the use of forward-looking terminology, including the terms "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "likely," "may," "plan," "possible," "potential," "predict," "project," "should," "target," "will," "would" and, in each case, their negative or other various or comparable terminology. All statements other than statements of historical facts contained in this press release, including statements regarding our strategy, future operations, future financial position, future revenue, projected costs, prospects, plans, objectives of management, and expected market growth are forward-looking statements. In particular, forward-looking statements include, among other things, statements relating to: (i) our strategy, outlook and growth prospects; (ii) our operational and financial targets and dividend policy; (iii) general economic trends and trends in the industry and markets; and (iv) the competitive environment in which we operate. Forward-looking statements are not based on historical facts but instead represent our current expectations and assumptions regarding our business, the economy and other future conditions, and involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. It is not possible to predict or identify all such risks. These risks include, but are not limited to, the risk factors that are described under the section titled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended
Given these uncertainties, you should not place undue reliance on these forward-looking statements.
Forward-looking statements represent our estimates and assumptions only as of the date on which they are made, and we undertake no obligation to update or review publicly any forward-looking statements, whether because of new information, future events or otherwise, except as required by law.
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