Earnings summaries and quarterly performance for Driven Brands Holdings.
Executive leadership at Driven Brands Holdings.
Danny Rivera
President and Chief Executive Officer
Michael Diamond
Executive Vice President and Chief Financial Officer
Mo Khalid
Executive Vice President and Chief Operating Officer
Rebecca Fondell
Senior Vice President and Chief Accounting Officer
Scott O’Melia
Executive Vice President and Chief Legal Officer
Board of directors at Driven Brands Holdings.
Cathy Halligan
Director
Chad Hume
Director
Damien Harmon
Director
Jonathan Fitzpatrick
Non-Executive Chair of the Board
Jose Tomás
Director
Karen Stroup
Director
Michael Thompson
Director
Neal Aronson
Director
Peter Swinburn
Director
Rick Puckett
Director
Research analysts who have asked questions during Driven Brands Holdings earnings calls.
Christian Carlino
JPMorgan Chase & Co.
4 questions for DRVN
Christopher O'Cull
Stifel, Nicolaus & Company
3 questions for DRVN
Justin Kleber
Robert W. Baird & Co.
3 questions for DRVN
Peter Keith
Piper Sandler & Co.
3 questions for DRVN
Seth Sigman
Cantor Fitzgerald
3 questions for DRVN
Brian McNamara
Canaccord Genuity - Global Capital Markets
2 questions for DRVN
Madison Callinan
Canaccord Genuity
2 questions for DRVN
Mark Jordan
Goldman Sachs Group, Inc.
2 questions for DRVN
Phillip Blee
William Blair
2 questions for DRVN
Robert Ohmes
Bank of America
2 questions for DRVN
Simeon Gutman
Morgan Stanley
2 questions for DRVN
Chris O'cull
Stifel Financial Corp
1 question for DRVN
John Lawrence
The Benchmark Company
1 question for DRVN
Kate McShane
Goldman Sachs
1 question for DRVN
Michael Albanese
The Benchmark Company, LLC
1 question for DRVN
Peter Benedict
Robert W. Baird & Co.
1 question for DRVN
Robbie Ohmes
Bank of America
1 question for DRVN
Rob Ohmes
Bank of America Corporation
1 question for DRVN
Sabrina Baxamusa
Jefferies
1 question for DRVN
Tristan Thomas-Martin
BMO Capital Markets
1 question for DRVN
William Staudinger
BMO Capital Markets
1 question for DRVN
Recent press releases and 8-K filings for DRVN.
- Driven Brands Holdings Inc. completed the sale of its international car wash business, IMO, to Franchise Equity Partners on January 27, 2026.
- The transaction generated approximately €411 million in aggregate consideration, with the cash proceeds primarily designated to pay down debt.
- Beginning in the fourth quarter of 2025, the Car Wash segment will be reported as discontinued operations, and Auto Glass Now will be reported as a stand-alone segment, reflecting a simplified portfolio and sharpened focus on the Take 5 business.
- Driven Brands Holdings Inc. completed the sale of its international car wash business, IMO, to Franchise Equity Partners on January 27, 2026.
- The transaction generated approximately €411 million in proceeds, which will primarily be used to pay down debt.
- This divestiture aims to sharpen the company's focus on its Take 5 business and drive cash generation from franchise brands.
- Starting in Q4 2025, the Car Wash segment will be reported as discontinued operations, and Auto Glass Now will become a stand-alone segment.
- Secure Properties acquired a 15-property portfolio of Take 5 Oil Change locations from Driven Brands through a direct, long-term sale-leaseback.
- The acquired properties are located in high-growth markets across the South and Midwest and are backed by new long-term NNN leases.
- Take 5 Oil Change, a brand under Driven Brands, is recognized as one of the fastest-growing quick-lube service providers in the United States.
- Take 5 Oil Change, a brand under Driven Brands, surpassed 500 franchise locations earlier in 2025.
- The company celebrated this milestone and its debut in Philadelphia on December 9, 2025, highlighting strategic growth, including more than doubling its footprint in the Northeast in two years.
- The brand's franchise footprint has grown by over 110% in three years, building on momentum from 2024 when it exceeded 400 franchise locations.
- This rapid expansion earned industry recognition, with Take 5 Oil Change ranking #27 on Entrepreneur's 2025 Fastest-Growing Franchises list and #101 on Entrepreneur's 2025 Franchise 500.
- Driven Brands has sold its US and international car wash businesses to align with its core "growth and cash" strategy, which is expected to result in a loss of approximately $80 million in EBITDA but maintain strong free cash flow.
- The company is focused on the growth of its Take 5 segment, targeting 2,500 units and opening over 150 new locations annually, with 170 opened last year. Take 5's EBITDA margins remain steady around 35%.
- Despite the collision industry being down approximately 10% year-over-year in Q1 and Q2, Driven Brands is gaining market share and saw improvement in Q3.
- Management reissued Q4 guidance and remains confident in it, despite observed market choppiness.
- Driven Brands has sold its U.S. and international car wash businesses, which did not align with its "growth and cash" strategy. This is expected to accelerate the company's commitment to reaching 3 times net leverage by the end of 2026, with the international car wash sale contributing approximately 0.3 times to this reduction.
- The company's core strategy focuses on the Take 5 oil change business for growth, targeting 2,500 units and planning to open 150+ locations annually. Cash generation is driven by its North American franchise businesses, including Meineke and Maaco.
- The Take 5 business demonstrated strong performance with 7% growth in Q3 , consistently increasing attachment rates to the low 50s , and successfully introducing new services like "differentials". Take 5's EBITDA margins have remained stable at approximately 35%.
- Management acknowledged "choppiness" in Q4 due to macroeconomic factors but expressed confidence in the reissued guidance, which incorporated these dynamics.
- Driven Brands has sold its international car wash business, following the sale of its US car wash business, to align with its core "growth and cash" strategy.
- This divestiture is expected to accelerate the company's commitment to achieving 3 times net leverage by the end of 2026, with an estimated pro forma impact of 0.3 times reduction in leverage, using the proceeds to pay down debt.
- The company's strategy focuses on Take 5 Oil Change as its primary growth engine, aiming to open 150-plus locations annually and leveraging its 21 consecutive quarters of same-store sales growth. Franchise businesses like Meineke and Maaco are targeted for steady cash generation with margins exceeding 60%.
- Post-divestiture, Driven Brands anticipates remaining a heavy free cash flow world, despite an estimated $80 million reduction in EBITDA from the sold international car wash business, with projected pro forma CapEx of 6.5%-7% for the current year.
- Franchise Equity Partners (FEP) has entered into an agreement to acquire IMO Car Wash from Driven Brands (DRVN), as announced on December 2, 2025.
- The transaction includes IMO's entire portfolio of 720 locations, primarily situated across the United Kingdom and Germany, with additional sites in nine other European countries and Australia.
- IMO Car Wash is recognized as the largest tunnel car wash business in the world.
- This acquisition marks FEP's inaugural transaction outside the United States.
- Driven Brands Holdings Inc. has agreed to sell its international car wash business, IMO, to Franchise Equity Partners for an initial purchase price of 406 million euros.
- The company plans to use the proceeds primarily to pay down debt and focus on its core North American operations.
- This sale is expected to reduce Driven Brands' pro forma leverage by approximately 0.3x, supporting its goal to achieve a 3x net leverage ratio by the end of 2026.
- Driven Brands will reclassify the international car wash business as discontinued operations starting in Q4 2025.
- Driven Brands Holdings Inc. has entered into a definitive agreement to sell IMO, its international car wash business, to Franchise Equity Partners.
- The sale price for IMO is €406 million, based on its balance sheet as of June 30, 2025, and the transaction is expected to close in the first quarter of 2026.
- This divestiture is anticipated to reduce pro forma leverage by approximately 0.3x, with cash proceeds primarily used to pay down debt, supporting the company's commitment to achieve 3x net leverage by the end of 2026.
- For the fiscal year ending December 27, 2025, the company updated its outlook for continuing operations, expecting revenue of ~$1.85 - $1.87 billion, Adjusted EBITDA of ~$445 - $455 million, and Adjusted Diluted EPS of $1.18 to $1.23.
Quarterly earnings call transcripts for Driven Brands Holdings.
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