---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-269034"
form_type: "8-K"
ticker: "DRVN"
cik: "0001804745"
company_name: "Driven Brands Holdings Inc."
filed_at: "2022-10-26T23:59:59+00:00"
generated_at: "2026-06-23T00:54:43.780555+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Driven Brands Q3 revenue up 39% to $516.6M; raises FY guidance on strong same-store sales

## Summary
- Revenue $516.6M (+39% YoY); system-wide sales $1.5B (+22%). Net income $38.4M ($0.23 diluted EPS); adjusted EPS $0.32.
- Consolidated same-store sales +11.9%; Maintenance +14.4%, Paint/Collision/Glass +15.7%, Car Wash -9.0% (FX impact -560bps).
- Adjusted EBITDA $129.4M (+32%); FY2022 guidance raised: revenue ~$2.0B, adjusted EBITDA ~$503M, adjusted EPS ~$1.21.
- Closed $365M whole business securitization post-quarter for general corporate purposes and to repay revolver.
- Added 101 net new stores in Q3; full-year net store growth expected ~370 stores.

## SEC filing metadata
- accession: 0001193125-22-269034
- form_type: 8-K
- ticker: DRVN
- cik: 0001804745
- company_name: Driven Brands Holdings Inc.
- filed_at: 2022-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1804745/000119312522269034/0001193125-22-269034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1804745/000119312522269034/d408899d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-269034
- JSON: https://secwatch.observer/filing/0001193125-22-269034.json
- Plain text: https://secwatch.observer/filing/0001193125-22-269034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.