earnings
confidence high
sentiment neutral
materiality 0.70
Driven Brands Q2 revenue up 7% to $507M; reiterates FY2026 outlook at low end of EBITDA range
Driven Brands Holdings Inc.
- Revenue $507.4M (+6.8% YoY); same-store sales +1.4%; net income $37.3M ($0.23 diluted EPS) vs $16.4M ($0.10) prior year.
- Adjusted EBITDA $107.0M (down 7% YoY) includes $11.8M restatement costs; net leverage ratio improved to 3.1x.
- Take 5 same-store sales +3.6% (24th consecutive quarter); franchise brands +0.5%; Auto Glass Now +2.6%.
- FY2026 outlook reiterated: revenue ~$1.95-2.05B, adjusted EBITDA ~$430-460M (expected at low end), adjusted EPS $1.15-1.25.
- Company expects restatement costs at high end of $35-45M range; free cash flow forecast $125-145M.