Driven Brands to Present at the Bank of America Securities 2023 Consumer & Retail Conference

Rhea-AI Summary

Driven Brands Holdings, trading under NASDAQ: DRVN, announced its participation at the Bank of America Securities 2023 Consumer & Retail Conference on March 14, 2023, at approximately 9:40 a.m. ET. A live audio webcast of the presentation will be accessible via the Investor Relations webpage. The replay will be available until at least April 14, 2023. Driven Brands, headquartered in Charlotte, NC, is North America's largest automotive services company, boasting over 4,800 locations and servicing more than 50 million vehicles annually, generating around $2 billion in annual revenue.

CHARLOTTE, N.C., March 7, 2023 /PRNewswire/ -- Driven Brands Holdings Inc. (NASDAQ: DRVN) (the "Company" or "Driven Brands") today announced that it will present at the Bank of America Securities 2023 Consumer & Retail Conference on March 14, 2023, at approximately 9:40 a.m. Eastern Time.

The live audio webcast will be available via the Driven Brands' Investor Relations webpage at investors.drivenbrands.com. A replay of the webcast will be available on the Company's investor Relations page shortly following the presentation at least through April 14, 2023.

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 4,800 locations across 15 countries, and services over 50 million vehicles annually. Driven Brands' network generates approximately $2 billion in annual revenue from more than $5.6 billion in system-wide sales.

Forward Looking Statements

This presentation 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 31, 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 present at the Bank of America Securities 2023 Consumer & Retail Conference?

Driven Brands will present on March 14, 2023, at approximately 9:40 a.m. Eastern Time.

Where can I listen to the Driven Brands presentation?

The presentation can be listened to live via the Driven Brands' Investor Relations webpage.

How long will the Driven Brands presentation replay be available?

The replay of the presentation will be available until at least April 14, 2023.

What is the significance of Driven Brands in the automotive industry?

Driven Brands is the largest automotive services company in North America, servicing over 50 million vehicles annually.

What are the key financial figures for Driven Brands?

Driven Brands generates approximately $2 billion in annual revenue from over $5.6 billion in system-wide sales.