{"schema_version":"secwatch.filing_event.v1","accession":"0001804745-24-000023","form_type":"8-K","ticker":"DRVN","cik":"0001804745","company_name":"Driven Brands Holdings Inc.","filed_at":"2024-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.703476+00:00","generated_at":"2026-05-30T07:34:23.770274+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Driven Brands Q3 net loss $15M, adj EBITDA up 14%; reaffirms FY24 outlook","bullets":["Revenue $592M (+2% YoY); same-store sales +1.1% (15th consecutive quarter).","Net loss $14.9M ($0.09/diluted) vs prior-year net loss $799.3M; adjusted net income $41.8M ($0.26/diluted).","Adjusted EBITDA $138.8M, up 14%; segment: Maintenance $96.7M, Car Wash $25.6M, Paint/Collision/Glass $34.7M, Platform Services $22.5M.","Take 5 Oil Change revenue +15%, same-store sales +5%; net new units 56.","FY24 outlook reaffirmed: revenue $2.33-2.43B, Adj EBITDA $529-559M, Adj EPS $0.88-1.00; net leverage target 4.5x achieved ahead of schedule."],"urls":{"canonical":"https://secwatch.observer/filing/0001804745-24-000023","json":"https://secwatch.observer/filing/0001804745-24-000023.json","markdown":"https://secwatch.observer/filing/0001804745-24-000023.md","text":"https://secwatch.observer/filing/0001804745-24-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1804745/000180474524000023/0001804745-24-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1804745/000180474524000023/drvn-20241031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T07:34:23.770274+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}