Driven Brands Holdings Inc. to host fourth quarter and year-end 2022 earnings conference call on February 22, 2023

Rhea-AI Summary

Driven Brands Holdings Inc. (NASDAQ: DRVN) will announce its fourth quarter and year-end 2022 earnings on February 22, 2023, before market opening. Following the announcement, a conference call is scheduled at 8:30 a.m. ET to discuss financial performance. The call will be accessible via a live webcast on the company’s Investor Relations webpage, with an archived replay available until May 2, 2023. Driven Brands, headquartered in Charlotte, NC, is the largest automotive services company in North America, generating approximately $1.9 billion in annual revenue from over $5.3 billion in system-wide sales.

Positive

• Largest automotive services company in North America.
• Over 4,700 locations across 15 countries.
• Services more than 50 million vehicles annually.
• Annual revenue around $1.9 billion from $5.3 billion in system-wide sales.

Negative

• None.

CHARLOTTE, N.C., Feb. 15, 2023 /PRNewswire/ -- Driven Brands Holdings Inc. (NASDAQ: DRVN) will release its fourth quarter and year-end 2022 earnings before the market opens on Wednesday, February 22, 2023. Following the release, management will host a conference call at 8:30 a.m. ET to review the company's financial and operating performance.

The conference call will be available via live webcast on Driven Brands' Investor Relations webpage at investors.drivenbrands.com. An archived replay of the conference call will be available later the same day until May 2, 2023, through the company's Investor Relations webpage.

About Driven Brands

Driven Brands™, headquartered in Charlotte, NC, is the largest automotive services company in North America, providing a range of consumer and commercial automotive needs, including paint, collision, glass, vehicle repair, oil change, maintenance and car wash. Driven Brands is the parent company of some of North America's leading automotive service businesses including Take 5 Oil Change^®, Take 5 Car Wash^®, Meineke Car Care Centers^®, Maaco^®, 1-800-Radiator & A/C^®, Auto Glass Now^®, and CARSTAR^®. Driven Brands has more than 4,700 locations across 15 countries, and services over 50 million vehicles annually. Driven Brands' network generates approximately $1.9 billion in annual revenue from more than $5.3 billion in system-wide sales.

Disclosure Regarding Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are generally identified by the use of forward-looking terminology, including the terms "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "likely," "may," "plan," "possible," "potential," "predict," "project," "should," "target," "will," "would" and, in each case, their negative or other various or comparable terminology. All statements other than statements of historical facts contained in this press release, including statements regarding our strategy, future operations, future financial position, future revenue, projected costs, prospects, plans, objectives of management, and expected market growth are forward-looking statements. In particular, forward-looking statements include, among other things, statements relating to: (i) our strategy, outlook and growth prospects; (ii) our operational and financial targets and dividend policy; (iii) general economic trends and trends in the industry and markets; and (iv) the competitive environment in which we operate. Forward-looking statements are not based on historical facts but instead represent our current expectations and assumptions regarding our business, the economy and other future conditions, and involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. It is not possible to predict or identify all such risks. These risks include, but are not limited to, the risk factors that are described under the section titled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 25, 2021, in our Quarterly Report on Form 10-Q for the fiscal quarter September 24, 2022, and in our other filings with the Securities and Exchange Commission, which are available on its website at www.sec.gov.

Given these uncertainties, you should not place undue reliance on these forward-looking statements.

Forward-looking statements represent our estimates and assumptions only as of the date on which they are made, and we undertake no obligation to update or review publicly any forward-looking statements, whether because of new information, future events or otherwise, except as required by law.

 

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SOURCE Driven Brands

FAQ

When will Driven Brands release its Q4 and year-end 2022 earnings?

Driven Brands will release its earnings on February 22, 2023.

What time is the Driven Brands earnings call scheduled?

The earnings call is scheduled for 8:30 a.m. ET on February 22, 2023.

Where can I find the Driven Brands earnings call webcast?

The webcast will be available on Driven Brands' Investor Relations webpage.

How long will the Driven Brands earnings call be available for replay?

The replay will be available until May 2, 2023.

What is the size of Driven Brands' operations in North America?

Driven Brands operates over 4,700 locations across North America.