{"schema_version":"secwatch.filing_event.v1","accession":"0001804745-26-000057","form_type":"8-K","ticker":"DRVN","cik":"0001804745","company_name":"Driven Brands Holdings Inc.","filed_at":"2026-06-11T11:18:23+00:00","discovered_at":"2026-06-11T11:20:00.249020+00:00","generated_at":"2026-06-11T11:20:09.653831+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Driven Brands Q1 revenue rises 8% to $484M; Take 5 same-store sales up 4.5%","bullets":["Revenue $484.4M (+8% YoY); net income from continuing ops $23.8M ($0.14 diluted) vs $13.5M ($0.08) prior year.","Adjusted net income $49.0M ($0.30 diluted) vs $38.8M ($0.24); adjusted EBITDA $104.1M (+2%, includes $9.1M restatement costs).","Take 5 segment same-store sales +4.5%, 23rd consecutive quarter of growth; total same-store sales +2.1%.","Net leverage ratio improved to 3.2x; total liquidity $804M including $133M cash and $671M undrawn capacity.","FY2026 outlook reiterated: revenue ~$1.95-2.05B, Adj EBITDA $430-460M, Adj EPS $1.15-1.25, free cash flow $125-145M."],"urls":{"canonical":"https://secwatch.observer/filing/0001804745-26-000057","json":"https://secwatch.observer/filing/0001804745-26-000057.json","markdown":"https://secwatch.observer/filing/0001804745-26-000057.md","text":"https://secwatch.observer/filing/0001804745-26-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1804745/000180474526000057/0001804745-26-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1804745/000180474526000057/drvn-20260611.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T11:20:09.653831+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":"8adf371ccc8741abc3860759dcfbde04495491d5","claim":"Driven Brands Holdings Inc. reported the first quarter ending March 28, 2026 results: revenue $484.4 million, net income $23.8 million or $0.14 per diluted share, EPS $0.14 per diluted share. Guidance reaffirmed.","evidence_excerpt":"set forth by specific reference in any such filing. --- EX-99.1 (EX-99.1) --- Driven Brands Holdings Inc. Reports First Quarter 2026 Results --Revenue increases 8% to $484 million with same store sales growth of 2%-- --Take 5 same store sales increase 4.5%; 23rd consecutive quarter of growth-- --Net leverage ratio improves to 3.2x Adjusted EBITDA--","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1804745/000180474526000057/0001804745-26-000057-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ending March 28, 2026"},{"label":"Revenue","value":"$484.4 million"},{"label":"Net income","value":"$23.8 million or $0.14 per diluted share"},{"label":"EPS","value":"$0.14 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"}