DRVN

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Driven Brands Q1 2026 revenue rises 8% to $484M; Take 5 posts 4.5% same-store sales growth

Driven Brands reported first-quarter revenue of $484.4 million with 2% same-store sales growth and improved net leverage to 3.2x Adjusted EBITDA. The company reiterated full-year 2026 guidance, driven by strong performance at its Take 5 oil change subsidiary and continued delever

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Driven Brands receives Nasdaq notice over delayed Q1 2026 10-Q filing

Driven Brands received a notice from Nasdaq on June 1, 2026 indicating non-compliance with listing rules due to delayed filing of its Q1 2026 Form 10-Q, which was caused by a previously announced financial restatement. The company has until July 31, 2026 to submit a compliance pl

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Driven Brands restates prior-period financials; FY2025 revenue up 6.3% to $1.9B

Driven Brands restated financial results for fiscal 2024-2025 due to corrections in lease accounting, cash, payables, and other items, while reporting FY2025 revenue growth of 6.3% and Take 5 same-store sales growth of 3.7%. The restatement raises internal control concerns, thoug

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