Key Details
Price
$15.51Annual Revenue
$2.30 BAnnual EPS
-$4.53PE Ratio
387.75Annual ROE
-58.19%Beta
-Events Calendar
Next earnings date:
Feb 21, 2025Recent quarterly earnings:
Oct 31, 2024Recent annual earnings:
Feb 22, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
N/ANext split:
N/ARecent split:
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Recent major analysts updates
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Q3 2024 Performance: Revenue at $592 million, 2% growth year-over-year; 15 periods of same-store sales growth. Take 5 Success: Revenue up 14.6% YoY; strong performance with 5.4% increase in comparable sales. Expansion Efforts: Opened 45 new stores in Q3, aiming for 170 more by year-end; plans for 150 new stores annually.
Driven Brands Holdings Inc. (NASDAQ:DRVN ) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Joel Arnao - Senior Vice President of Finance, Treasury and Investor Relations Jonathan Fitzpatrick - President and Chief Executive Officer Danny Rivera - Executive Vice President and Chief Operating Officer Mike Diamond - Executive Vice President and Chief Financial Officer Conference Call Participants Peter Benedict - Baird Seth Sigman - Barclays Madison Callinan - Canaccord Genuity Christian Carlino - JPMorgan Peter Keith - Piper Sandler Kate McShane - Goldman Sachs Chris O'Cull - Stifel John Lawrence - Benchmark Operator Good morning, ladies and gentlemen, and welcome to the Driven Brands Inc. Q3 2024 Earnings Conference Call. At this time, all lines are in listen-only mode.
Driven Brands Holdings Inc. (DRVN) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.20 per share a year ago.
CHARLOTTE, N.C.--(BUSINESS WIRE)--Driven Brands Holdings Inc. (NASDAQ: DRVN) will release its third quarter 2024 earnings before the market opens on October 31, 2024. Following the release, management will host a conference call at 8:30 a.m. ET to review the company's financial and operating performance. The conference call will be available via live webcast on Driven Brands' Investor Relations webpage at investors.drivenbrands.com. An archived replay of the conference call will be available la.
One home improvement retailer could really benefit if lower interest rates stimulate a sluggish housing market. A company with a focus on automotive services has a steady, profitable business, but it will be able to save some money paying back its heavy debt load as rates come down.
The consensus price target hints at a 29.6% upside potential for Driven Brands Holdings (DRVN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
MTH, ULS, KRYS, RCL and DRVN have been added to the Zacks Rank #1 (Strong Buy) List on August 8, 2024.
Driven Brands Holdings Inc. (NASDAQ:DRVN ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Jonathan Fitzpatrick - President and CEO Danny Rivera - EVP and COO Joel Arnao - SVP & Interim CFO Chris Thompson - Senior Director, Treasury, and IR Conference Call Participants Simeon Gutman - Morgan Stanley Justin Kleber - Robert W. Baird Robby Ohmes - Bank of America Seth Sigman - Barclays Madison Callinan - Canaccord Genuity Christian Carlino - J.P.
I stay with my buy rating for DRVN. DRVN's pricing strategy is effective and should lead to better performance in the coming quarters. The hiring of a new CFO removes any lingering uncertainty in the business and stock in my view.
The headline numbers for Driven Brands Holdings (DRVN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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