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Driven Brands Holdings Inc (NASDAQ: DRVN) |
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Price: $16.4300
$-0.04 
-0.243%
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| Day's High:
| $16.63
| Week Perf:
| 3.33 %
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| Day's Low: |
$ 16.34 |
30 Day Perf: |
2.3 % |
| Volume (M): |
497 |
52 Wk High: |
$ 17.45 |
| Volume (M$): |
$ 8,169 |
52 Wk Avg: |
$14.08 |
| Open: |
$16.45 |
52 Wk Low: |
$10.59 |
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| Market Capitalization (Millions $) |
2,626 |
| Shares
Outstanding (Millions) |
160 |
| Employees |
5,000 |
| Revenues (TTM) (Millions $) |
2,329 |
| Net Income (TTM) (Millions $) |
6 |
| Cash Flow (TTM) (Millions $) |
-11 |
| Capital Exp. (TTM) (Millions $) |
333 |
Driven Brands Holdings Inc
Driven Brands Holdings Inc is a multi-brand franchisor of home service and automotive aftermarket brands. The company is headquartered in Charlotte, North Carolina and was founded in 1972. Driven Brands operates over 4,100 locations in 14 countries, with franchise locations operating under various brands such as Meineke Car Care Centers, Maaco Collision Repair & Auto Painting, Take 5 Oil Change, and CARSTAR Auto Body Repair Experts.
The company was originally established as Meineke Discount Muffler Shops, Inc. until it changed its name to Driven Brands, Inc. in 2012. Driven Brands offers comprehensive maintenance and repair services for cars, including oil changes, brake repair, and collision repair. The company also offers franchise opportunities for qualified individuals and entrepreneurs looking to start and operate their own business under one of its established brands.
Driven Brands' portfolio of companies includes Meineke Car Care Centers, which is the flagship brand that offers full-service automotive and fleet care for cars and light trucks, and Take 5 Oil Change, which is a franchise that offers quick and convenient oil changes in as little as five minutes. The company also owns CARSTAR Auto Body Repair Experts, which provides collision repair services to customers in Canada and the US, and Maaco Collision Repair & Auto Painting, which offers auto painting and body repair services. Other brands under the Driven Brands portfolio include Pro Oil Change, Econo Lube N' Tune & Brakes, Aero-Colours, and Drive N Style.
Driven Brands has been recognized as one of the top franchisors in its industry and has won numerous awards for its innovation, growth, and leadership. The company has a strong commitment to sustainability and has implemented programs to reduce its carbon footprint and promote environmental responsibility. Driven Brands is also deeply involved in philanthropic initiatives, and has supported a number of charitable organizations such as the Children's Miracle Network Hospitals and the American Heart Association.
In 2021, Driven Brands Holdings Inc went public through an IPO on NASDAQ, raising approximately $730 million. The move positions the company for further growth and expansion, allowing it to continue to provide automotive and home service solutions to customers around the world.
Company Address: 440 South Church Street Charlotte 28202 NC
Company Phone Number: 377-8855 Stock Exchange / Ticker: NASDAQ DRVN
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| Stock Performances by Major Competitors |
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| Driven Brands Holdings Inc
In a surprising turn of events, Driven Brands Holdings Inc. (NASDAQ: DRVN) announced a decline in income by a staggering -82.35% during the financial interval closing on March 30, 2024. This unfortunate news comes despite a moderate revenue improvement of 1.735%. The company's performance stands out in the Automotive Aftermarket sector, which witnessed an average decline of -1.68% in business. Let's delve into the financial results and explore the potential impact on Driven Brands Holdings Inc.
Revenue and Earnings Per Share:
During the reporting period, Driven Brands Holdings Inc. reported revenue of $572.23 million, a significant increase of 3.35% compared to the corresponding period a year before. Earnings per share (EPS) stood at $0.03, marking a remarkable turnaround from the previous negative EPS of $-0.08 per share.
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| Driven Brands Holdings Inc
The stock market can sometimes be a rollercoaster ride, with ups and downs that can test even the most seasoned investors. However, amidst the challenges, there are always opportunities for growth and success. Today, we are here to shed light on one such opportunity ? Driven Brands Holdings Inc. (NASDAQ: DRVN).
Looking at the financial performance of Driven Brands Holdings Inc., we can see some encouraging signs. Despite reporting losses of $-0.08 per share for the financial period ending December 30, 2023, this is a significant improvement compared to the $0.16 loss per share from the previous year. Additionally, the company has seen an improvement in its EPS, with a rise from $-4.83 per share in the previous quarter.
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| Class Action
Published Sun, Dec 31 2023 6:38 PM UTC
In an announcement on December 31, 2023, Rosen Law Firm, a prominent investor rights law firm, revealed the filing of a class action lawsuit against Driven Brands Holdings Inc. (NASDAQ: DRVN) on behalf of purchasers of its common stock. The lawsuit encompasses the period between October 27, 2021, and August 1, 2023 (the Class Period). Investors interested in acting...
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| Driven Brands Holdings Inc
During the past week, investors in Driven Brands Holdings Inc experienced a decline in stock value of -1.56%, adding to the company's already poor performance this year. Year to date, the stock has dropped by a significant -58.67%. However, despite this decline, the stock is currently trading 7.1% above its 52-week low.
Looking at the company's financial performance, Driven Brands Holdings Inc reported a positive increase in revenue of 12.474% compared to the same reporting period the previous year. The financial time-frame ending on September 30, 2023, saw the company achieve a total revenue of $581.03 million. However, despite this growth in revenue, Driven Brands Holdings Inc slipped into a loss, recording a loss per share of $-4.83.
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| Driven Brands Holdings Inc
Over the past five trading days, Driven Brands Holdings Inc has experienced a significant drop in its share price, with a decline of -10.5%. This decrease in share value adds to the company's overall year-to-date performance, which stands at an alarming -47.56%.
However, it is worth noting that despite this decline, Driven Brands Holdings Inc shares are still trading 9.5% above their 52-week low. This suggests that although the company's performance has been rocky recently, there are still some signs of resilience and potential for recovery.
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| Per Share |
Current |
| Earnings (TTM) |
0.04 $ |
| Revenues (TTM) |
14.58 $
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| Cash Flow (TTM) |
- |
| Cash |
1.31 $
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| Book Value |
6.02 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
0.04 $
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| Revenues (TTM) |
14.58 $ |
| Cash Flow (TTM) |
- |
| Cash |
1.31 $
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| Book Value |
6.02 $ |
| Dividend (TTM) |
0 $ |
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| Franchise royalties and fees |
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 8.36 % |
of total Revenue |
| Company-operated store sales |
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65.6 % |
of total Revenue |
| Independently-operated store sales |
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8.44 % |
of total Revenue |
| Advertising fund contributions |
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4.53 % |
of total Revenue |
| Supply and other revenue |
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13.06 % |
of total Revenue |
| Maintenance |
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47.02 % |
of total Revenue |
| Maintenance Franchise royalties and fees |
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2.48 % |
of total Revenue |
| Maintenance Company-operated store sales |
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39.05 % |
of total Revenue |
| Maintenance Supply and other revenue |
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5.48 % |
of total Revenue |
| Car Wash |
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24.03 % |
of total Revenue |
| Car Wash Company-operated store sales |
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15.29 % |
of total Revenue |
| Car Wash Independently-operated store sales |
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8.44 % |
of total Revenue |
| Car Wash Supply and other revenue |
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0.3 % |
of total Revenue |
| Paint Collision Glass |
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18.41 % |
of total Revenue |
| Paint Collision Glass Franchise royalties and fees |
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4.24 % |
of total Revenue |
| Paint Collision Glass Company-operated store sales |
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11.05 % |
of total Revenue |
| Paint Collision Glass Supply and other revenue |
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3.12 % |
of total Revenue |
| Platform Services |
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8.83 % |
of total Revenue |
| Platform Services Franchise royalties and fees |
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1.64 % |
of total Revenue |
| Platform Services Company-operated store sales |
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0.21 % |
of total Revenue |
| Platform Services Supply and other revenue |
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6.98 % |
of total Revenue |
| Corporate and Other |
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1.71 % |
of total Revenue |
| Corporate and Other Advertising fund contributions |
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4.53 % |
of total Revenue |
| Corporate and Other Supply and other revenue |
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-2.82 % |
of total Revenue |
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