Driven Brands Q1 revenue up 7% to $516M; reaffirms FY25 outlook; CEO succession

Driven Brands Holdings Inc.

2025-Q1 EPS reported $0.04 vs consensus $0.23 ▼ miss (-82.7%)

Revenue $516.2M (+7% YoY); net income $6M ($0.04 EPS) vs $4M; adj. EPS $0.27 vs $0.25.
Take 5 Oil Change revenue +15%, same-store sales +8% (19th consecutive quarter of SSS growth).
Sold U.S. car wash business in April 2025; proceeds to reduce debt.
Reaffirms FY2025 outlook: revenue ~$2.05-$2.15B, adj. EBITDA $520-$550M, adj. EPS $1.15-$1.25.
CEO transition: Danny Rivera appointed CEO; Jonathan Fitzpatrick remains as Chair.

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