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Driven Brands Holdings Inc   (DRVN)
Other Ticker:  
 
    Sector  Retail    Industry Automotive Aftermarket
   Industry Automotive Aftermarket
   Sector  Retail
 
Price: $13.7000 $-0.09 -0.653%
Day's High: $13.98 Week Perf: 4.18 %
Day's Low: $ 13.61 30 Day Perf: 4.5 %
Volume (M): 1,139 52 Wk High: $ 31.47
Volume (M$): $ 15,599 52 Wk Avg: $19.18
Open: $13.90 52 Wk Low: $10.60



 Market Capitalization (Millions $) 2,253
 Shares Outstanding (Millions) 164
 Employees 4,000
 Revenues (TTM) (Millions $) 2,304
 Net Income (TTM) (Millions $) -745
 Cash Flow (TTM) (Millions $) -45
 Capital Exp. (TTM) (Millions $) 596

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
   


   

Stock Performances by Major Competitors

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Driven Brands Holdings Inc

Driven Brands Holdings Inc. Takes a Hit with $17.88 Million Tax Charge

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.

Class Action

Investors Urged to Seek Legal Counsel as Driven Brands Faces Securities Class Action Lawsuit

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...

Driven Brands Holdings Inc

Financial Time-frame Reveals Disappointing Results as Profitability Eludes Despite Strong Revenue for [Company Name, e.g., 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.

Driven Brands Holdings Inc

Driven Brands Holdings Inc Faces Steep Share Price Decline, Yielding Alarming Year-to-Date Performance, Yet Holds Potential for Recovery

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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