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) received a Nasdaq notice on April 15, 2026, citing noncompliance with Nasdaq Listing Rule 5250(c)(1) due to a delayed Annual Report on Form 10-K for the period ended December 27, 2025.
The notice has no immediate effect on listing or trading. Driven Brands has until June 15, 2026 to submit a compliance plan and Nasdaq may grant up to October 12, 2026 to regain compliance. The company says it is working diligently and expects to file the 2025 Form 10-K before June 15, 2026.
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Driven Brands Holdings (NASDAQ: DRVN) defendants and lead plaintiffs reached a proposed class action settlement of $25,000,000 in cash resolving claims by purchasers of Driven common stock for the period Oct 27, 2021–Aug 1, 2023. A fairness hearing is set for June 1, 2026, and claimants must file by July 6, 2026.
The suit alleges misstatements about Driven's auto-glass rollup and car wash operations; defendants deny wrongdoing. Exclusion and objection deadlines are May 11, 2026.
Driven Brands Collision Group (DRVN) is expanding certified repair capabilities for electric and luxury vehicles across its U.S. network, adding training, tools, and equipment to support manufacturer‑aligned repairs.
The network holds 37 luxury OEM certifications and 288 EV certifications, with Abra, CARSTAR, and Fix Auto USA each carrying specific brand approvals to protect safety systems and long‑term vehicle value.
Driven Brands (NASDAQ: DRVN) will release fourth-quarter and full-year 2025 financial results before market open on February 25, 2026. Management will host a conference call at 8:30 a.m. ET the same day to review financial and operating performance.
The call will be webcast via the company’s investor relations site and a replay will be available for at least three months.
Driven Brands (NASDAQ: DRVN) updated its segment reporting, effective for the fourth quarter of fiscal 2025, following the completed divestiture of its international car wash business. The company recast segment results for the first three quarters of fiscal 2025 to reflect the new reportable segments and says recast figures are available on its investor site and SEC filings. Management said the new structure highlights growth from Take 5, stable cash flow from franchise brands, and greater visibility on the developing Auto Glass Now business.
Driven Brands (NASDAQ: DRVN) announced the closing of the sale of IMO, its international car wash business, to Franchise Equity Partners for approximately €411 million.
Proceeds will be used primarily to pay down debt, the company said it will report the Car Wash segment as discontinued operations beginning Q4 2025, and Auto Glass Now will become a stand-alone segment beginning Q4 2025. The company expects to file a Form 8-K in mid-February with unaudited recast quarterly results reflecting the updated segment reporting. Rothschild & Co served as financial advisor.
Secure Properties acquired a 15-property Take 5 Oil Change portfolio via a direct, long-term sale-leaseback with Driven Brands (NASDAQ: DRVN) on January 13, 2026.
The assets span high-growth markets across the South and Midwest and are each secured by new long-term NNN leases, expanding Secure's automotive services footprint and aligning with its strategy to invest in mission-critical, service-oriented real estate that supports durable cash flows. The transaction was brokered by Eddie Otocka of Surmount.
Driven Brands Collision Group (NYSE:DRVN) announced it has surpassed $6 million raised for cystic fibrosis (CF) research, care, and advocacy as of Dec 30, 2025. The fundraising effort began more than 25 years ago with CARSTAR and expanded across Abra, CARSTAR, and Fix Auto USA through events such as car washes, golf tournaments, car shows, BBQs, charity walks, and in-store donations.
This year the group raised over $152,000 and launched the Gift of Repair initiative, donating for every positive customer review on completed repairs. Company leaders and the Cystic Fibrosis Foundation commented on the milestone and the organizations' ongoing commitment to CF research and patient support.
Driven Brands (NASDAQ: DRVN) announced the election of Timothy Johnson to its Board of Directors, effective January 1, 2026. Johnson will serve as an independent director and as a member of the Audit Committee.
Johnson has over 30 years of executive experience in global retail and consumer companies, most recently serving as CFO and Chief Administrative Officer of Victoria's Secret until his retirement in May 2025. His background also includes senior finance roles at Big Lots and Limited Brands and early career experience at Coopers & Lybrand. Johnson serves on the boards of Brinker International and Dollar Tree and holds a BS in Accounting and is a CPA (inactive).