Driven Brands Holdings Inc. (DRVN) Earnings Call Transcripts

Driven Brands Holdings Inc.'s Latest Earnings Call - Q1 FY2026

Driven Brands Holdings Inc. (DRVN:US) reported solid first quarter results for 2026, with revenue increasing by 8% year-over-year to $484.4 million, slightly above expectations. Adjusted EBITDA rose 1.7% to $104.1 million, resulting in adjusted EBITDA margins of 21.5%. Management reiterated full-year guidance for revenue between $1.95 billion and $2.05 billion and adjusted EBITDA of $430 million to $460 million, indicating a cautious outlook for the second quarter due to moderating traffic among certain customer segments.

Reported metrics

Guidance from management

Management reiterated full-year guidance for 2026, expecting revenue of $1.95 billion to $2.05 billion and adjusted EBITDA of $430 million to $460 million, including $35 million to $45 million in nonrecurring restatement costs.

What management said

Yes. I mean I think we feel comfortable, excluding restatement costs from where we are right now. That puts me roughly at 7.8% of system sales. There's obviously, as I mentioned, a little bit of seasonality as you think about it from [indiscernible] Q3 tend to have a little bit higher sales, and we still have fixed costs there. So I think for now, that's where we think we are. As I've just mentioned, I think there's ...

We do. I mean, look, one of the really nice things about our business compared to some of our competitors in that space is that we've got a franchise model. So we've got owner operators on the ground. Having owners on the ground covers all [ Manerosin ], and those folks are very cognizant of not just delivering an amazing experience for the customers and for our carriers, but also they're very cognizant of making sur...

What analysts pressed on

Analysts expressed concerns about the moderation in traffic from lower-income customers and newer customers, questioning the sustainability of same-store sales growth in the face of economic pressures. There was also discussion on the impact of restatement costs on future margins and cash flow generation.

Main topics on the call

• Revenue Growth and Performance — Driven Brands achieved revenue of $484.4 million, an 8.2% increase year-over-year, driven by strong performance in its Take 5 segment, which saw revenue growth of 10%. Management noted, 'Q1 was a solid quarter for Driven...
• Take 5 Oil Change Performance — Take 5 Oil Change reported a 14% increase in system-wide sales and a 10% increase in revenue, with same-store sales growing 4.5%. Management highlighted, 'Take 5 continues to validate our long-term investment thesis.'
• Moderation in Customer Traffic — Management indicated a moderation in traffic from newer and lower-income customers, particularly those earning less than $50,000. CEO Danny Rivera stated, 'We are monitoring some moderation in traffic among newer custome...
• Franchise Segment Performance — The franchise segment reported a 0.9% increase in same-store sales, with adjusted EBITDA margins of 60%. Management expects continued strong margins despite anticipating a moderation in same-store sales growth for the se...

Read the full Driven Brands Holdings Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 39 Driven Brands Holdings Inc. earnings call transcripts on record, spanning March 10, 2021 to August 6, 2026. Based on this history, Driven Brands Holdings Inc. reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

DRVN

Exchange

NasdaqGS

Country

US

Sector

Consumer Discretionary

Industry

Diversified Consumer Services

Calls on record

39

First call

March 10, 2021

Most recent

August 6, 2026

Reporting cadence

quarterly