DRVN Driven Brands Holdings Inc.
Price Chart
Executive Summary
Driven Brands reported Q1 2026 adjusted EPS of $0.30, beating the $0.22 consensus by 36%, and revenue grew 8% YoY to $484.4M, near the high end of the company's preliminary guidance of $475–$485M. The company reiterated its FY2026 outlook with 3.2x net leverage, improving from 3.7x at year-end, though it is currently not compliant with Nasdaq listing rules due to a delayed 10-Q filing (expected to be filed later today).
Key Financial Metrics
Actionable Insight
The strong EPS beat and continued deleveraging should be well received, but the market will focus on the Nasdaq compliance status and whether the 10-Q is filed promptly. Monitor for any incremental restatement costs or consumer spending shifts that could pressure the FY2026 outlook.
Key Facts
- Q1 2026 revenue $484.4M, up 8% YoY from $447.6M
- Adjusted diluted EPS $0.30 vs consensus $0.22 (36% beat)
- Take 5 same-store sales +4.5% (23rd consecutive quarter of growth)
- Net leverage improved to 3.2x from 3.7x at FY2025 year-end
- FY2026 outlook reiterated: revenue $1.95–$2.05B, adjusted EPS $1.15–$1.25
- Restatement-related costs included $9.1M in Q1 Adjusted EBITDA
- Nasdaq non-compliance due to delayed 10-Q filing; expected to file later today
Financial Impact
Adjusted EPS beat consensus by $0.08 (36%) and revenue was at the high end of preliminary guidance; net leverage improved 50bp to 3.2x
Risk Factors
- Ongoing restatement-related costs ($35–$45M estimated for FY2026) could pressure margins
- Nasdaq listing risk if 10-Q filing is further delayed
- Consumer environment remains dynamic; franchise brand same-store sales were slightly negative in Q1 (0.9% positive after -1.0% in FY2025)
- Net leverage still above the 3.0x year-end target
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001804745-26-000057 |
| Document: drvn-20260611.htm | 0001804745-26-000057 |
| Document: 0001804745-26-000057-index-headers.html | 0001804745-26-000057 |
| Document: 0001804745-26-000057-index.html | 0001804745-26-000057 |
| Document: 0001804745-26-000057.txt | 0001804745-26-000057 |
| 8-K Data (Synthetic) | 0001804745-26-000057 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
2d ago
|
8-K
| $13.61 awaiting T+5 | awaiting T+5 | — | $13.43 (−1.32%) |
|
Jun 5, 2026
7d ago
|
8-K
| $13.07 awaiting T+5 | awaiting T+5 | — | $13.43 (−2.75%) |
|
May 19, 2026
25d ago
|
8-K
| $13.23 $14.03 | ▲ +6.05% | ▲ +3.80% | $13.43 (+1.51%) |
|
Apr 23, 2026
7w ago
|
8-K
| $12.39 $12.74 | ▲ +2.82% | ▲ +1.35% | $13.43 (+8.39%) |
|
Apr 21, 2026
7w ago
|
8-K
| $12.64 $12.44 | ▲ +1.62% | ▲ +1.68% | $13.43 (−6.25%) |
|
Feb 25, 2026
15w ago
|
8-K
| $11.60 $11.01 | ▲ +5.09% | ▲ +3.99% | $13.43 (−15.78%) |
|
Feb 25, 2026
15w ago
|
8-K
| $11.60 $11.01 | ▲ +5.09% | ▲ +3.99% | $13.43 (−15.78%) |
US Market Status
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