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Driven Brands Holdings Inc's Business Segments
Driven Brands Holdings Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
9
Largest Segment
Company-operated store sales
Total Revenue
$ 507
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Company-operated store sales0%
- Take 50%
- Supply and Other28.4%
- Franchise Brands27.4%
- Auto Glass Now26.8%
- Franchise and Royalty19.5%
- Advertising11.6%
- Segment Reporting, Reconciling Item, Corporate Nonsegment11.6%
- Auto Glass Now Supply and other revenue0%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Company-operated store sales | $ 690 | - |
| Take 5 | $ 658 | - |
| Supply and Other | $ 144 | 28.4% |
6 more segments available
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Annual Results
Revenue Share by Reportable Segment - FY
- Company-operated store sales0%
- Take 50%
- Supply and Other28.4%
- Franchise Brands27.4%
- Auto Glass Now26.8%
- Franchise and Royalty19.5%
- Advertising11.6%
- Segment Reporting, Reconciling Item, Corporate Nonsegment11.6%
- Auto Glass Now Supply and other revenue0%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Company-operated store sales | $ 690 | - |
| Take 5 | $ 658 | - |
| Supply and Other | $ 144 | 28.4% |
6 more segments available
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Description of 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.
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.
Driven Brands Holdings Inc. (Driven Brands) is a leading franchise platform operating in the automotive aftermarket industry. The company offers a range of services, products and solutions through its various segments including Automotive, Collision, and Distribution.
Automotive:
Under its Automotive segment, Driven Brands delivers a wide spectrum of services including maintenance and repair, oil change, brakes, tire, steering and suspension repair, transmission service, engine diagnostics and repairs. The company's leading brands include Meineke Car Care Center, Econo Lube Ne Tune, AutoQual, and Aero-Colours, among others. These brands offer comprehensive solutions to the automotive industry by delivering high-quality customer service, expertise and a range of specialized services.
Collision:
Driven Brands' Collision segment includes leading brands such as CARSTAR, Maaco, and Drive N Style. This segment provides a full spectrum of collision repair services, including body repair, paint, and related services. CARSTAR, for instance, is one of the largest networks of collision repair facilities in the US and Canada, offering high-quality repairs and customer service. Maaco specializes in paint and cosmetic repair services, providing affordable, quick turnaround paint solutions to its customers. Drive N Style provides interior repair and reconditioning services for new and used vehicles.
Distribution:
Driven Brands' Distribution segment, formerly known as Auto Parts International, distributes parts and accessories to professional repair shops and chain stores throughout the United States and Canada. The company serves as a strategic partner to its customers, offering diverse product lines, technical support, and superior customer service. The segment offers a wide range of products, from brakes to engines, batteries, and steering and suspension systems, ensuring that its customers have access to the most comprehensive line of premium quality parts.
In summary, Driven Brands Holdings Inc. offers a range of products and services through its various segments, including Automotive, Collision, and Distribution. The company is a one-stop-shop for the automotive industry and a leading player in the automotive aftermarket space, with a focus on delivering high-quality customer service, expertise and a range of specialized services.
Automotive:
Under its Automotive segment, Driven Brands delivers a wide spectrum of services including maintenance and repair, oil change, brakes, tire, steering and suspension repair, transmission service, engine diagnostics and repairs. The company's leading brands include Meineke Car Care Center, Econo Lube Ne Tune, AutoQual, and Aero-Colours, among others. These brands offer comprehensive solutions to the automotive industry by delivering high-quality customer service, expertise and a range of specialized services.
Collision:
Driven Brands' Collision segment includes leading brands such as CARSTAR, Maaco, and Drive N Style. This segment provides a full spectrum of collision repair services, including body repair, paint, and related services. CARSTAR, for instance, is one of the largest networks of collision repair facilities in the US and Canada, offering high-quality repairs and customer service. Maaco specializes in paint and cosmetic repair services, providing affordable, quick turnaround paint solutions to its customers. Drive N Style provides interior repair and reconditioning services for new and used vehicles.
Distribution:
Driven Brands' Distribution segment, formerly known as Auto Parts International, distributes parts and accessories to professional repair shops and chain stores throughout the United States and Canada. The company serves as a strategic partner to its customers, offering diverse product lines, technical support, and superior customer service. The segment offers a wide range of products, from brakes to engines, batteries, and steering and suspension systems, ensuring that its customers have access to the most comprehensive line of premium quality parts.
In summary, Driven Brands Holdings Inc. offers a range of products and services through its various segments, including Automotive, Collision, and Distribution. The company is a one-stop-shop for the automotive industry and a leading player in the automotive aftermarket space, with a focus on delivering high-quality customer service, expertise and a range of specialized services.
