{"schema_version":"secwatch.filing_event.v1","accession":"0001804745-26-000044","form_type":"8-K","ticker":"DRVN","cik":"0001804745","company_name":"Driven Brands Holdings Inc.","filed_at":"2026-05-19T11:18:03+00:00","discovered_at":"2026-05-19T11:20:00.303435+00:00","generated_at":"2026-05-19T11:20:42.396214+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Driven Brands Q4 revenue $460M; completes restatement; IMO divestiture improves leverage","bullets":["Q4 2025 revenue $460.1M (+8% YoY); adj. EBITDA $111.9M (+7% YoY).","FY2025 net income from cont. ops $132.1M ($0.80 diluted EPS); adj. net income $199.2M ($1.21).","Restatement completed: corrections for FY2023-2024 and interim 2025; adj. EBITDA reduced by $57M (FY23), $12M (FY24), $8M (Q1-Q3 2025).","IMO divestiture closed Jan 27, 2026 for €411M; net proceeds used to reduce debt; pro forma net leverage 3.3x.","FY2026 outlook: revenue ~$1.95-2.05B, adj. EBITDA $430-460M, adj. diluted EPS $1.15-1.25 (incl. $35-45M restatement costs)."],"urls":{"canonical":"https://secwatch.observer/filing/0001804745-26-000044","json":"https://secwatch.observer/filing/0001804745-26-000044.json","markdown":"https://secwatch.observer/filing/0001804745-26-000044.md","text":"https://secwatch.observer/filing/0001804745-26-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1804745/000180474526000044/0001804745-26-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1804745/000180474526000044/drvn-20260519.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T11:20:42.396214+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":[{"claim_id":"6e1ce49f20983a99197171028b71c7152c6d9c49","claim":"Driven Brands Holdings Inc. reported the fourth quarter and fiscal year ending December 27, 2025 results: revenue $460.1 million, net income $40.7 million or $0.25 per diluted share, EPS $0.25 per diluted share. Guidance reaffirmed.","evidence_excerpt":"flow statements have not been recast to reflect the impact of discontinued operations. Fourth Quarter 2025 Highlights For the fourth quarter, Driven Brands delivered revenue of $460.1 million, an increase of 8% versus the prior year. System-wide sales were $1.5 billion, an increase of 2% versus the prior year primarily driven by 0.5% same store sales growth and 175","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1804745/000180474526000044/0001804745-26-000044-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and fiscal year ending December 27, 2025"},{"label":"Revenue","value":"$460.1 million"},{"label":"Net income","value":"$40.7 million or $0.25 per diluted share"},{"label":"EPS","value":"$0.25 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}