Driven Brands to Present at the William Blair Growth Stock Conference

Rhea-AI Summary

Driven Brands (NASDAQ: DRVN) will present at the William Blair Growth Stock Conference in Chicago on June 5, 2024, at 10:00 a.m. Central/11:00 a.m. ET. The presentation will be webcast live on the company's Investor Relations website and available for replay for 30 days. Driven Brands, headquartered in Charlotte, NC, is North America's largest automotive services company with over 5,000 locations in 13 countries, servicing 70 million vehicles annually. The company generates approximately $2.3 billion in annual revenue from $6.4 billion in system-wide sales. Key brands include Take 5 Oil Change, Meineke Car Care Centers, and Maaco.

Positive

• Driven Brands to present at a high-profile event, potentially increasing investor interest.
• Webcast availability allows for broader investor engagement.
• Largest automotive services company in North America, indicating market dominance.
• Servicing approximately 70 million vehicles annually shows extensive reach and customer base.
• Generated $2.3 billion in annual revenue, reflecting strong financial performance.

Negative

• No new products or services announced, potentially showing a lack of innovation.
• The presentation content and its impact on stock price remain uncertain.
• Potential for market saturation with over 5,000 locations, possibly limiting further expansion opportunities.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Driven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven Brands” or the “Company”) today announced that it will present at the William Blair Growth Stock Conference in Chicago. The Company’s presentation is scheduled to begin at 10:00 a.m. Central/11:00 a.m. ET on Wednesday, June 5, 2024.

The presentation will be webcast live from the Company’s Investor Relations website at investors.drivenbrands.com on the Events & Presentations page. It will also be available for replay on the Company’s Investor Relations site for at least 30 days.

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 5,000 locations across 13 countries, and services approximately 70 million vehicles annually. Driven Brands’ network generates approximately $2.3 billion in annual revenue from approximately $6.4 billion in system-wide sales.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240529123488/en/

Shareholder/Analyst inquiries:

Dawn Francfort

ICR, Inc.

investors@drivenbrands.com

(203) 682-8200

Media inquiries:

Taylor Blanchard

taylor.blanchard@drivenbrands.com

(704) 644-8129

Source: Driven Brands

FAQ

When and where is Driven Brands presenting?

Driven Brands will present at the William Blair Growth Stock Conference in Chicago on June 5, 2024, at 10:00 a.m. Central/11:00 a.m. ET.

Where can I watch the Driven Brands presentation?

The presentation will be webcast live on Driven Brands' Investor Relations website and will be available for replay for 30 days.

What is the stock symbol for Driven Brands?

The stock symbol for Driven Brands is DRVN.

What are some of the key brands under Driven Brands?

Key brands include Take 5 Oil Change, Meineke Car Care Centers, and Maaco.

How many locations does Driven Brands have?

Driven Brands has more than 5,000 locations across 13 countries.

How much revenue does Driven Brands generate annually?

Driven Brands generates approximately $2.3 billion in annual revenue.