Driven Brands Fiscal Q1 Adjusted Earnings, Revenue Rise; Shares Up Pre-Bell

MT Newswires Live
06/11

Driven Brands (DRVN) reported fiscal Q1 adjusted net income from continuing operations Thursday of $0.30 per diluted share, up from $0.24 from a year earlier.

Analysts surveyed by FactSet expected $0.24.

Net revenue for the quarter ended March 28 was $484.4 million, up from $447.6 million a year earlier.

Analysts expected $480.8 million.

For fiscal 2026, Driven Brands reiterated its adjusted EPS guidance of $1.15 to $1.25 on revenue of $1.95 billion to $2.05 billion. Analysts are looking for $1.20 and $2 billion, respectively.

The company's shares were up 5.6% in premarket activity.

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