NASDAQ$DRVN
Driven Brands Holdings Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Driven Brands' Q1 2021 performance was marked by strong revenue growth, positive same-store sales, and increased adjusted earnings per share.
Driven Brands Holdings Inc. reported strong first-quarter results with an 83% increase in revenue to $329.4 million and a 0.5% increase in consolidated same-store sales. Adjusted earnings per share increased by 138% to $0.19. The company raised its fiscal year 2021 guidance, reflecting confidence in continued growth and operating performance.
- Revenue increased by 83% year-over-year, driven by acquisitions and organic growth.
- System-wide sales reached a record $1.0 billion, a 28% increase year-over-year.
- Adjusted earnings per share increased by 138% year-over-year to $0.19.
- Consolidated same-store sales increased by 0.5% for the quarter.
Headline financials
Revenue & EPS history
Driven Brands · Revenue · Quarterly
$329M
Revenue by segment
Driven Brands · $329M total across 5 segments · Q1 2021
- Company-operated store sales$184M—55.8%
- Independently-operated store sales$56.2M—17.0%
- Supply and other revenue$41.7M—12.7%
- Franchise royalties and fees$30.4M—9.2%
- Advertising contributions$17.3M—5.2%
Forward guidance
The Company has raised its guidance for fiscal year 2021 to account for the strong operating performance in the first quarter.
Tailwinds
- Revenue of approximately $1.3 billion
- Adjusted EBITDA of approximately $305 million
- Adjusted Earnings per Share of approximately $0.65
- Positive same-store sales growth across all segments
- Net Store Growth
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q1 2021
-3.4%
Avg return
Earnings day
-1.8%
Avg return
5 days after
+0.6%
Avg return
30 days after
46%
11 / 24 earnings
Positive
+10.4%
Q1 2022
Best reaction
-37.7%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | — | — | — | |
| Q4 2025 | -36.4% | +3.9% | — | |
| Q3 2025 | +5.5% | -2.8% | +7.6% | |
| Q2 2025 | +1.9% | -2.4% | +13.1% | |
| Q1 2025 | +6.8% | +2.0% | +1.3% | |
| Q4 2024 | +2.1% | +14.4% | +16.8% | |
| Q3 2024 | +3.9% | +7.3% | +18.7% | |
| Q2 2024 | +1.0% | -0.4% | +6.7% | |
| Q1 2024 | -20.9% | -21.6% | -21.6% | |
| Q4 2023 | -7.6% | -6.3% | +5.2% | |
| Q3 2023 | +2.6% | +1.3% | +20.3% | |
| Q2 2023 | -37.7% | -40.4% | -42.5% | |
| Q1 2023 | -4.5% | -7.1% | -16.1% | |
| Q4 2022 | -0.5% | +1.4% | +0.7% | |
| Q3 2022 | -4.6% | -0.9% | -4.6% | |
| Q2 2022 | +2.0% | +6.7% | +8.0% | |
| Q1 2022 | +10.4% | +9.1% | +12.9% | |
| Q4 2019 | -3.8% | -4.5% | -6.8% | |
| Q4 2021 | -1.2% | -4.3% | -5.6% | |
| Q3 2020 | -1.9% | +2.4% | +3.2% | |
| Q3 2021 | -2.0% | +4.3% | -0.6% | |
| Q2 2020 | -0.1% | -0.9% | +5.2% | |
| Q2 2021 | +3.3% | +2.7% | -4.0% | |
| Q1 2021 | +6.9% | +3.0% | +7.7% | |
| Q4 2020 | -5.8% | -10.4% | -12.1% | |
| Q1 2020 | — | — | — | |
| Q1 2019 | — | — | — |
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