secwatch.observer — SEC 8-K summary
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Issuer:     Driven Brands Holdings Inc. (DRVN)
CIK:        0001804745
Form:       8-K
Filed at:   2026-06-11T11:18:23+00:00
Accession:  0001804745-26-000057
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Driven Brands Q1 revenue rises 8% to $484M; Take 5 same-store sales up 4.5%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1804745/000180474526000057/0001804745-26-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1804745/000180474526000057/drvn-20260611.htm
  HTML page:      https://secwatch.observer/filing/0001804745-26-000057

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