Driven Brands (DRVN) Tops Q2 EPS by 5c

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Driven Brands Holdings Inc. Reports Second Quarter Results

July 28, 2021 7:00 AM EDT

Delivers Strong Same-Store Sales Growth and Adds 70 Net New StoresReports Robust Operating Income and Earnings per Share GrowthRaises Fiscal Year 2021 Guidance

CHARLOTTE, N.C., July 28, 2021 (GLOBE NEWSWIRE) -- Driven Brands Holdings Inc. (NASDAQ: DRVN) (Driven Brands or the Company) today reported financial results for the second quarter ended June 26, 2021.

For the second quarter, revenue was $374.8 million, an increase of 123% versus the prior year. System-wide sales hit a record $1.2 billion, an increase of 65% versus the prior year, with 34% net store growth and an increase in... More