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Driven Brands Holdings Inc. (DRVN) Class Action Lawsuit: Investors Face May 8, 2026, Deadline {"summary":"","positive":[],"negative":[],"faq":[]}

#DRVN Driven Brands Holdings Inc. (DRVN) Class Action Lawsuit: Investors Face May 8, 2026, Deadline

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Bernstein Litowitz Berger & Grossmann LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Driven Brands Holdings Inc. Common Stock CHARLOTTE, N.C., March 20, 2026

#DRVN Bernstein Litowitz Berger & Grossmann LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Driven Brands Holdings Inc. Common Stock

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Deadline Approaches for Driven Brands Holdings Inc. Shareholders in Securities Class Action Attention Driven Brands Holdings shareholders: The deadline for lead plaintiff applications in the upcoming class action lawsuit is May 8, 2026. Stay informed!

Deadline Approaches for Driven Brands Holdings Inc. Shareholders in Securities Class Action #United_States #New_York #Securities_Class_Action #Driven_Brands #DRVN

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Did Driven Brands Holdings Inc. Insiders Breach their Fiduciary Duties to Shareholders? {"summary":"","positive":[],"negative":[],"faq":[]}

#DRVN Did Driven Brands Holdings Inc. Insiders Breach their Fiduciary Duties to Shareholders?

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Driven Brands Holdings Faces Class Action over Alleged Accounting Mismanagement Leading to Investor Losses Driven Brands Holdings Inc. is facing a securities class action after past accounting discrepancies surfaced, impacting investor confidence and stock prices.

Driven Brands Holdings Faces Class Action over Alleged Accounting Mismanagement Leading to Investor Losses #USA #New_York #Driven_Brands #DRVN #SueWallSt

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Driven Brands Holdings, Inc. (DRVN) Investors: May 8, 2026 Filing Deadline in Securities Class Action – Contact Lieff Cabraser #stocknews #drvn

Learn more: www.lieffcabraser.com/2026/03/driv...

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Driven Brands Faces $800 Million Loss Following Accounting Scandal and Delayed Reports Driven Brands Holdings Inc. experienced a shocking 30% drop in shares, erasing over $800 million in market cap due to accounting errors and delayed reports.

Driven Brands Faces $800 Million Loss Following Accounting Scandal and Delayed Reports #United_States #San_Francisco #Driven_Brands #DRVN #Accounting_Scandal

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Pomerantz Law Firm Launches Investigation Into Driven Brands Holdings Inc. Following SEC Disclosure Pomerantz Law Firm is probing potential securities fraud involving Driven Brands Holdings Inc. after the company revealed significant financial errors, affecting investor confidence.

Pomerantz Law Firm Launches Investigation Into Driven Brands Holdings Inc. Following SEC Disclosure #USA #New_York #Pomerantz_Law #Driven_Brands #DRVN

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Original post on benzinga.com

Stock Market Today: Dow Futures Slide, S&P 500, Nasdaq Gain Ahead Of Weekly Jobless Claims—Nvidia, Salesforce, Trade Desk In Focus U.S. stock futures were swinging between gains and losses on...

#$BTC #CRM #DELL #DRVN #Earnings #Equities #Government #Market […]

[Original post on benzinga.com]

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HG Vora Dumps All Six Flags Shares Worth $49.4 Million | The Motley Fool Six Flags operates amusement and water parks across North America, leveraging iconic brands to attract families and thrill-seekers alike.



#FUN #PENN #DRVN #FAF #NVRI #EQH #1bb0c3d7-41e5-40a8-86e8-386541c18067 #coveragefilings #Consumer #Goods

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Driven Brands Announces Agreement to Divest International Car Wash Business Driven Brands (NASDAQ: DRVN) entered a definitive agreement to sell IMO, its international car wash business, to Franchise Equity Partners for €406 million based on IMO's June 30, 2025 balance sheet with no post-closing cash, debt or working capital adjustments.The sale includes locked-box protections and a daily price ticker from July 1, 2025 to closing, is expected to close in Q1 2026 pending regulatory approvals, and cash proceeds will be used primarily to pay down debt.The company reiterated FY2025 continuing-operations outlook: Revenue ~$1.85–1.87B, Adjusted EBITDA ~$445–455M, and Adjusted diluted EPS $1.18–1.23; pro forma leverage is expected to fall by ~0.3x and management reaffirmed a 3x net leverage target by end of 2026.

#DRVN Driven Brands Announces Agreement to Divest International Car Wash Business

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Driven Brands Holdings Inc. Reports Third Quarter 2025 Results Net income from continuing operations was $60.9 million or $0.37 per diluted share versus a net loss from continuing operations of $11.5 million or$ per diluted share in the prior year. Adjusted Net Income 1 was $56.2 million or $0.34 per diluted share versus $38.1 million or $0.23 per diluted share in the prior year. Adjusted EBITDA 1 was $136.3 million, an...

#DRVN Driven Brands Holdings Inc. Reports Third Quarter 2025 Results

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Driven Brands Closes $500 Million Securitization Issuance to Refinance Existing Debt The A-2 Notes are not registered under the Securities Act of 1933, as amended or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from, or a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The A-2 Notes were offered...

#DRVN Driven Brands Closes $500 Million Securitization Issuance to Refinance Existing Debt

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From $1.5B Take 5 Success to Company-Wide Role: Driven Brands Taps Mo Khalid as New Chief Operating Officer Mo Khalid, who grew Take 5 to 1,200+ locations with $1.5B system-wide sales, appointed as Driven Brands COO. Tim Austin succeeds as Take 5 President in executive leadership transition.

#DRVN Driven Brands Announces Chief Operating Officer Appointment

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Driven Brands Holdings Inc. Reports Second Quarter 2025 Results Driven Brands (NASDAQ:DRVN) reported Q2 2025 results with revenue of $551.0 million, up 6.2% year-over-year. The company achieved system-wide sales of $1.6 billion, reflecting a 1.7% increase in same-store sales and 3.9% store count growth.Key financial metrics include net income from continuing operations of $11.8 million ($0.07 per diluted share), compared to $37.2 million in the prior year. The Take 5 segment demonstrated strong performance with 15% revenue growth and 7% same-store sales growth. Following the sale of the U.S. car wash seller note for $113.0 million, the company achieved a pro forma net leverage ratio of 3.9x Adjusted EBITDA.The company reaffirmed its FY2025 outlook, projecting revenue of $2.05-2.15 billion and Adjusted EBITDA of $520-550 million, with expected same-store sales growth of 1-3% and net store growth of 175-200 locations.

#DRVN Driven Brands Holdings Inc. Reports Second Quarter 2025 Results

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#HNST #URBN #LRN #CHEF #SHAK #NOMD #RVLV #ASO #DRVN #ODD #3049448d-e60a-4564-a1cd-087f66c5d898

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Driven Brands Holdings Inc. Reports First Quarter 2025 Results Driven Brands (NASDAQ: DRVN) reported strong Q1 2025 results, marking its 17th consecutive quarter of same-store sales growth. Revenue increased 7% to $516.2 million, with system-wide sales up 2% to $1.5 billion. The company posted net income of $6 million ($0.04 per diluted share), up from $4 million ($0.02 per diluted share) in Q1 2024. Take 5 Oil Change was a standout performer with 15% revenue growth and 8% same-store sales growth. The company completed the divestiture of its U.S. car wash business in April 2025 and reaffirmed its 2025 outlook, projecting revenue of $2.05-2.15 billion and Adjusted EBITDA of $520-550 million. Additionally, Jonathan Fitzpatrick will transition to Board Chair, with Danny Rivera stepping in as CEO.

#DRVN Driven Brands Holdings Inc. Reports First Quarter 2025 Results

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The American car parc, already old, is going to get much older due to tariffs, as customers now have an incentive to keep existing cars on the road longer. Very bullish for #DRVN.

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Driven Brands Positions Take 5 Oil Change as Growth Engine in Major Restructuring Driven Brands streamlines reporting with Take 5 Oil Change as standalone segment, highlighting growth strategy while consolidating franchise operations for enhanced value creation.

#DRVN Driven Brands Announces New Segment Reporting

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Driven Brands Holdings Inc. Reports Fourth Quarter and Fiscal Year 2024 Results Driven Brands (NASDAQ: DRVN) reported its fourth quarter and fiscal year 2024 results, with annual revenue increasing 2% to $2.3 billion, driven by 1% same-store sales growth and 4% net store growth. System-wide sales rose 4% to $6.5 billion. The company reported a net loss of $292 million ($1.82 per diluted share) for fiscal 2024, compared to a $745 million loss in 2023. Adjusted EBITDA grew 7% to $553 million, while Adjusted Net Income was $186 million ($1.14 per diluted share).The company announced a definitive agreement to sell its U.S. car wash business to Whistle Express Car Wash. Take 5 Oil Change, Driven's flagship brand, delivered 16% revenue growth and 7% same-store sales growth for the year. The company also announced a CEO transition, with Daniel Rivera appointed as President and CEO effective May 9, 2025, while current CEO Jonathan Fitzpatrick will become Non-Executive Chair.For fiscal year 2025, Driven Brands expects same-store sales growth of 1-3% and net store growth of approximately 175-200 locations.

#DRVN Driven Brands Holdings Inc. Reports Fourth Quarter and Fiscal Year 2024 Results

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Driven Brands Announces CEO Transition Driven Brands (NASDAQ: DRVN) has announced that Chief Operating Officer Daniel Rivera will become President and CEO effective May 9, 2025, succeeding Jonathan Fitzpatrick who has served as CEO since 2012. Fitzpatrick will remain on the Board as Non-Executive Chair and serve as a senior advisor through 2025 to ensure a smooth transition.Rivera joined Driven Brands in 2012 as Chief Information Officer and has held roles of increasing responsibility, including Meineke Brand President, President of Take 5 Oil Change, Group President of the Maintenance segment, and most recently as COO overseeing all business segments.The appointment follows a comprehensive succession planning process led by the Board's Nominating & Corporate Governance Committee. Under Fitzpatrick's leadership, Driven Brands grew from $38 million in Adjusted EBITDA in 2012 to over $550 million in 2024 and successfully completed its IPO. The Board will expand to 11 directors as part of the transition.

#DRVN Driven Brands Announces CEO Transition

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Driven Brands Offloads Car Wash Unit: Will $385M Deal Accelerate Growth in Oil Change Business? Strategic divestiture aims to reduce leverage to 3x by 2026 while strengthening focus on Take 5 Oil Change brand and franchise operations

#DRVN Driven Brands Announces Agreement to Divest U.S. Car Wash Business for $385 Million

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#DRVN Driven Brands to Participate in the Morgan Stanley Global Consumer & Retail Conference

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BREAKING NEWS: ( NASDAQ: #DRVN ) Driven Brands Holdings Inc. Reports Second Quarter 2024 Results

#StockMarket #News

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Breaking News: ( NASDAQ: #DRVN ) Driven Brands Appoints Michael Diamond as Chief Financial Officer

#StockMarket #News

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