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Driven Brands Holdings Inc. (DRVN) Q2 2021 Earnings Call Transcript

Operator
Good morning, and welcome to Driven Brands second-quarter 2021 earnings conference call. My name is Tamia, and I will be your operator today. As a reminder, this call is being recorded. Joining the call this morning are Jonathan Fitzpatrick, president and chief executive officer; Tiffany Mason, executive vice president and chief financial officer; and Rachel Webb, vice president of investor relations.
During today s call, management will refer to certain non-GAAP financial measures. You can find the reconciliations to the most directly comparable GAAP financial measures on the company s Investor Relations website and in its filings with the Securities Exchange Commission. Please be advised that during the course of this call, management may also make forward-looking statements that reflect expectations for the future. These statements are based on current information, and actual results may differ materially from these expectations. ....

United States , Kate Mcshane Goldman Sachs , Jonathan Fitzpatrick , Chris Horvers , America Merrill Lynch , Simeon Gutman , Lavesh Hemnani , Simeon Gutman Morgan Stanley , Sharon Zackfia , Kate Mcshane , Tiffany Mason , Chris Ocull , Liz Suzuki , Rachel Webb , Peter Benedict , William Blair , Morgan Stanley , Brands Holdings Inc , Securities Exchange Commission , Liz Suzuki Bank , Karen Short Barclays Investment Bank Analyst , Goldman Sachs , Credit Suisse , Peter Benedict Robertw Baird Co , Chris Ocull Stifel Financial Corp , Sharon Zackfia William Blair Company Analyst ,

(DRVN) - Driven Brands Acquires 18 Frank's Car Wash Express Stores For Undisclosed Sum

(DRVN) - Driven Brands Acquires 18 Frank's Car Wash Express Stores For Undisclosed Sum
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

United States , South Carolina , Jonathan Fitzpatrick , Brands Holdings Inc , Driven Brands Holdings Inc , Car Wash Express , Classic Car Washes , Driven Brands , North America , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கரோலினா , ஜொனாதன் ஃபிட்ஸ்‌ப்யாட்ரிக் , பிராண்டுகள் ஹோல்டிங்ஸ் இன்க் , இயக்கப்படுகிறது பிராண்டுகள் ஹோல்டிங்ஸ் இன்க் , கார் கழுவுதல் எக்ஸ்பிரஸ் , இயக்கப்படுகிறது பிராண்டுகள் , வடக்கு அமெரிக்கா ,

Benzinga's Top Ratings Upgrades, Downgrades For June 29, 2021

Benzinga's Top Ratings Upgrades, Downgrades For June 29, 2021
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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Is Driven Brands Holdings (DRVN) A Smart Long-Term Buy?

Is Driven Brands Holdings (DRVN) A Smart Long-Term Buy?
Baron Funds, an asset management firm, published its “Baron Small Cap Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 2.67% was delivered by the fund’s institutional shares for the Q1 of 2021, trailing the S&P 500 Index, which appreciated 6.17%, and modestly underperforming the Russell 2000 Growth Index which rose 4.88% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Baron Small Cap Fund, in its Q1 2021 investor letter, mentioned Driven Brands Holdings Inc. (NASDAQ: DRVN), and shared their insights on the company. Driven Brands Holdings Inc. is a Charlotte, North Carolina-based automotive repair center that currently has a $4.7 billion market capitalization. Since the beginning of the year, DRVN delivered a 71.00% return, and as of May 14, 2021, the stock closed at $28.13 per share. ....

United States , Brands Holdings Inc , Baron Small Cap Fund , Federal Reserve , Baron Funds , Small Cap , Small Cap Fund , Driven Brands Holdings , Brands Holdings , North Carolina Based , Driven Brands Holdings Inc , North America , Popular Stocks Among Hedge , Insider Monkey , Free Daily Newsletter , ஒன்றுபட்டது மாநிலங்களில் , பிராண்டுகள் ஹோல்டிங்ஸ் இன்க் , பரோன் சிறிய தொப்பி நிதி , கூட்டாட்சியின் இருப்பு , பரோன் நிதி , சிறிய தொப்பி , சிறிய தொப்பி நிதி , இயக்கப்படுகிறது பிராண்டுகள் ஹோல்டிங்ஸ் , பிராண்டுகள் ஹோல்டிங்ஸ் , வடக்கு கரோலினா அடிப்படையிலானது , இயக்கப்படுகிறது பிராண்டுகள் ஹோல்டிங்ஸ் இன்க் ,

Driven Brands reports double-digit sales, earning growth in 2020

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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. ....

Jonathan Fitzpatrick , Meineke Car Care Centers , International Car Wash Group , Brands Holdings Inc , International Car Wash , Driven Brands Holdings Inc , Driven Brand , Besides Meineke , Carstar Auto Body Repair , Driven Brands , Brands President , ஜொனாதன் ஃபிட்ஸ்‌ப்யாட்ரிக் , மேனேக்கே கார் பராமரிப்பு மையங்கள் , சர்வதேச கார் கழுவுதல் குழு , பிராண்டுகள் ஹோல்டிங்ஸ் இன்க் , சர்வதேச கார் கழுவுதல் , இயக்கப்படுகிறது பிராண்டுகள் ஹோல்டிங்ஸ் இன்க் , இயக்கப்படுகிறது பிராண்ட் , கார்ஸ்டார் ஆட்டோ உடல் பழுது , இயக்கப்படுகிறது பிராண்டுகள் , பிராண்டுகள் ப்ரெஸிடெஂட் ,