NASDAQ$DRVN

Driven Brands Holdings Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Driven Brands reported a 2% increase in revenue for Q4 2024, driven by same-store sales growth and net new units, despite a net loss.

Driven Brands reported a 2% increase in revenue to $564 million for the fourth quarter of 2024. System-wide sales increased by 5%, driven by same-store sales growth of 3% and the addition of 191 net new units. However, the company reported a net loss of $312 million, or $1.94 loss per diluted share.

  • Revenue increased by 2% to $564 million.
  • System-wide sales grew by 5% to $1.6 billion, driven by a 3% increase in same-store sales.
  • Net loss was $312 million, or $1.94 loss per diluted share.
  • Adjusted EBITDA increased by 5% to $131 million.

Headline financials

Total Revenue

$564M

Previous: $554M+1.9%
EPS (adj)

$0.30

Previous: $0.19+57.9%
Car Wash Same Store Sales Growth

7.9%

No prior period
Total same store sales growth

2.9%

No prior period
Auto Glass Now store count

1.1K

No prior period
Total store count

5.2K

No prior period
Net Income

-$312M

Previous: -$13.1M-2272.8%
Operating Income

-$319M

Previous: $45.5M-799.9%

Revenue & EPS history

Driven Brands · Revenue · Quarterly

$564M

Q4 2024+1.9%vs Q4 2023
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Driven Brands · $460M total across 4 segments · Q4 2025

  • Company-operated store sales
    $316M
  • Supply and other revenue
    $70.2M
  • Franchise royalties and fees
    $45.4M
  • Advertising contributions
    $28.3M

Forward guidance

Driven Brands provided its outlook for fiscal year 2025, excluding the U.S. car wash business.

Tailwinds

  • Revenue ~$2.05 - $2.15 billion
  • Adjusted EBITDA ~$520 - $550 million
  • Adjusted EPS ~$1.15 - $1.25
  • Same-store sales growth of 1% - 3%
  • Net store growth of approximately 175 - 200

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 Q4 2024

Historical avgQ4 2024

-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

Earnings price reactions
QuarterReport dateReaction (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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro