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CHARLOTTE, N.C. Driven Brands Holdings Inc., operator and franchisor of multiple vehicle maintenance and repair businesses, reported a 35.3% gain in operating income for the year ended Dec. 26 on 50.6% higher sales, but the net result was a $4.22 million loss due primarily to higher interest expenses.
The Charlotte-based company, which went public in 2020, reported $94.7 million in operating income on revenue of $904.2 million, yielding a 10.5% operating ratio. Revenue from company-operated stores represented 54% of the firm s sales last year, with a measurable portion of the increase attributed to Driven Brand s purchase of International Car Wash Group.
Among the company s franchise brands are Meineke Car Care Centers, Take 5 Oil Change and 1-800-Radiator & A/C. Besides Meineke and Take 5, Driven Brands properties include: Carstar Auto Body Repair; MAACO auto body; International Car Wash; and Merlin s 200,000 Mile Shops.
Market Defense published an insightful report on the Rise of Purpose-Driven Brands and Amazon massachusettsnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from massachusettsnewswire.com Daily Mail and Mail on Sunday newspapers.
Market Defense LLC, the premier Amazon Full-Service Agency for Beauty and Passion Brands, just published an insightful report on the Rise of Purpose-Driven Brands and Amazon
(NASHVILLE, Tenn.) NEWS: Market Defense, the most sought-after Amazon Agency for Beauty and Passion Brands, published its latest research today, detailing the rise of Purpose Driven Brands and Amazon. Given Market Defense’s perspective as a full-service Amazon Agency that works with Purpose-Driven brand founders, the report is based on actual client data and results.
In this report, Market Defense addresses three key topics:
1 – The driving forces behind the rise of purpose-driven brands,
2 – The evolution of Amazon as a brand building platform, and
NASHVILLE, Tenn., Apr 20, 2021 (SEND2PRESS NEWSWIRE) Market Defense, the most sought-after Amazon Agency for Beauty and Passion Brands, published its latest research today, detailing the rise of Purpose Driven Brands and Amazon. Given Market Defense’s perspective as a full-service Amazon Agency that works with Purpose-Driven brand founders, the report is based on actual client data and results.
In this report, Market Defense addresses three key topics:
1 – The driving forces behind the rise of purpose-driven brands,
2 – The evolution of Amazon as a brand building platform, and
3 – How purpose-driven brands are creating brand and enterprise value on Amazon, in partnership with Market Defense
Market Defense launches its latest research on Purpose-Driven Brands and Amazon gjsentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gjsentinel.com Daily Mail and Mail on Sunday newspapers.