Driven Brands (DRVN) Tops Q2 EPS by 6c

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Go back to Driven Brands (DRVN) Tops Q2 EPS by 6c

Driven Brands Holdings Inc. Reports Second Quarter Results

July 27, 2022 7:00 AM EDT

Delivers Strong Same-Store Sales and Net Store Growth

Reports Robust Operating Income Growth

Raises Fiscal Year 2022 Guidance

CHARLOTTE, N.C., July 27, 2022 (GLOBE NEWSWIRE) -- Driven Brands Holdings Inc. (NASDAQ: DRVN) (Driven Brands or the Company) today reported financial results for the second quarter ended June 25, 2022.

For the second quarter, revenue was $508.6 million, an increase of 36% versus the prior year. System-wide sales were $1.4 billion, an increase of 22% versus the prior year, with 7% net store growth and an increase in consolidated... More