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. (NASDAQ: DRVN) generates frequent news as a large automotive services company headquartered in Charlotte, North Carolina. As the company describes itself, it is the largest automotive services company in North America, with thousands of locations across the United States and other countries. News related to Driven Brands often reflects developments across its portfolio of brands, including Take 5 Oil Change, Meineke Car Care Centers, Maaco, 1-800-Radiator & A/C, Auto Glass Now, and CARSTAR.
On this page, readers can follow coverage of Driven Brands’ earnings releases, where the company reports revenue, system-wide sales, same-store sales trends, segment performance, and non-GAAP metrics such as Adjusted EBITDA and Adjusted EPS. These updates frequently highlight the performance of key segments like Take 5 and Franchise Brands, as well as progress on same-store sales growth and net store growth.
News items also include corporate strategy announcements, such as the definitive agreement to divest IMO, the international car wash business, to Franchise Equity Partners. Such transactions are presented by the company as steps to simplify its portfolio, reduce leverage, and concentrate on core North American operations. Additional coverage may focus on capital markets activity, including whole business securitization issuances and related refinancing of existing debt.
Governance and leadership changes are another recurring theme in Driven Brands news. Examples include the appointment of an Executive Vice President and Chief Operating Officer and the election of independent directors to the Board and Audit Committee. Conference participation announcements, such as appearances at global consumer and retail conferences, also provide insight into how management communicates its strategy to the investment community.
Investors, analysts, and observers can use this news feed to monitor Driven Brands’ operational updates, portfolio moves, financing activities, and leadership developments over time.
Driven Brands Holdings (NASDAQ: DRVN) will report third-quarter results for the period ended September 27, 2025 and will release results before market open on November 4, 2025.
Management will host a conference call and webcast at 8:30 a.m. ET the same day to review financial and operating performance. The webcast will be available at the company’s Investor Relations site: investors.drivenbrands.com. A replay will remain available for at least three months.
Driven Brands (NASDAQ: DRVN) closed a $500 million securitization on October 21, 2025, issuing Series 2025-1 Fixed Rate Senior Secured A-2 Notes.
The A-2 Notes carry a 5.296% coupon, a stated maturity of October 2055 and an anticipated repayment date of October 2030 (five-year tenor to anticipated repayment). Proceeds plus revolver funding will refinance Series 2019-1 and 2022-1 A-2 notes, pay transaction fees and support general corporate purposes.
This is Driven Brands’ twelfth whole business securitization; the A-2 Notes were rated BBB by Kroll and BBB- by S&P and were offered only to qualified institutional buyers under Rule 144A and to non-US persons under Regulation S.
Driven Brands (NASDAQ: DRVN) has announced key leadership changes, appointing Mo Khalid as Executive Vice President and Chief Operating Officer. Khalid, who currently serves as Executive Vice President and President of Take 5, has demonstrated significant success in his previous role, growing Take 5 to over 1,200 locations with system-wide sales exceeding $1.5 billion on a trailing twelve-month basis.
As part of this transition, Tim Austin, current Chief Operating Officer of Take 5, will succeed Khalid as President of Take 5. Khalid brings extensive experience from his previous roles at Great Wolf Resorts, Starwood Hotels & Resorts, Burger King, Deutsche Bank, and J.P. Morgan Chase.
Driven Brands (NASDAQ: DRVN) announced its participation in the upcoming Goldman Sachs 32nd Annual Global Retailing Conference in New York. The company will engage in a fireside chat scheduled for September 4, 2025, at 1:50 p.m. ET.
Investors can access the live webcast through the Events & Presentations page on Driven Brands' Investor Relations website at investors.drivenbrands.com. A replay of the presentation will remain available on the company's IR site for at least 30 days following the event.
Driven Brands (NASDAQ:DRVN) reported Q2 2025 results with revenue of $551.0 million, up 6.2% year-over-year. The company achieved system-wide sales of $1.6 billion, reflecting a 1.7% increase in same-store sales and 3.9% store count growth.
Key financial metrics include net income from continuing operations of $11.8 million ($0.07 per diluted share), compared to $37.2 million in the prior year. The Take 5 segment demonstrated strong performance with 15% revenue growth and 7% same-store sales growth. Following the sale of the U.S. car wash seller note for $113.0 million, the company achieved a pro forma net leverage ratio of 3.9x Adjusted EBITDA.
The company reaffirmed its FY2025 outlook, projecting revenue of $2.05-2.15 billion and Adjusted EBITDA of $520-550 million, with expected same-store sales growth of 1-3% and net store growth of 175-200 locations.
Driven Brands Holdings (NASDAQ: DRVN) has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results before market opening on August 5, 2025, followed by a management-led conference call at 8:30 a.m. ET.
Investors can access the webcast through the company's Investor Relations website at investors.drivenbrands.com. A recording of the call will remain available for a minimum of three months.
Driven Brands Holdings (NASDAQ: DRVN) has announced its participation in the upcoming Baird 2025 Global Consumer, Technology & Services Conference in New York. The company will engage in a fireside chat scheduled for Tuesday, June 3, 2025, at 10:50 a.m. ET. Investors and interested parties can access the live webcast through Driven Brands' Investor Relations website at investors.drivenbrands.com under the Events & Presentations section. A replay of the presentation will remain available on the company's IR site for a minimum of 30 days following the event.
Driven Brands Holdings (NASDAQ: DRVN) has announced it will release its first quarter 2025 earnings before market opens on May 6, 2025. The company's management will host a conference call at 8:30 a.m. ET on the same day to discuss financial and operating performance. Investors can access the webcast through the company's Investor Relations website at investors.drivenbrands.com, with a replay available for at least three months.
Driven Brands Holdings Inc. (NASDAQ: DRVN) has completed the sale of its U.S. car wash business to Whistle Express Car Wash. The transaction includes approximately $255 million in cash and a $130 million negotiable interest-bearing seller note, subject to post-closing adjustments.
The company plans to use the cash proceeds to reduce debt, targeting a net leverage of 3x or less by the end of 2026. The U.S. car wash business results will be reported as discontinued operations in fiscal year 2025.
As of Fiscal Year 2024, Driven Brands operated 5,200 locations across 14 countries, servicing approximately 70 million vehicles. The network generated approximately $2.3 billion in annual revenue from $6.5 billion in system-wide sales.
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