driven brands, headquartered in charlotte, nc, is the parent company of north america’s leading automotive aftermarket brands across four distinct verticals: repair & maintenance, housing meineke car care centers® and merlin 200,000 mile shops®; paint & collision, housing maaco®, carstar north america® and drive n style®; distribution, housing 1-800-radiator & a/c®; and quick lube, housing pro oil change®, econo lube n' tune®, driven florida lubes® and take 5 oil change. driven brands has more than 2,300 centers across north america, and combined, all businesses generate more than $2.1 billion in system sales. for more information, visit www.drivenbrands.com.
Company profile
Ticker
DRVN
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
RC Driven Holdings LLC
SEC CIK
Corporate docs
Subsidiaries
1198786 B.C. Ltd. • 12008432 Canada Inc. • 12038528 Canada Inc. • 1-800 All Parts Holdings, LLC • 1-800 All Parts, LLC • 1-800 Radiator & A/C, LLC • 1-800 Radiator Canada Co. • 1-800-Radiator Franchise, LLC • 1-800-Radiator Franchisor SPV LLC • 1-800-Radiator Product Sourcing LLC ...
IRS number
473595252
DRVN stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
27 Mar 24
DEFA14A
Additional proxy soliciting materials
27 Mar 24
DEF 14A
Definitive proxy
27 Mar 24
10-K/A
2023 FY
Annual report (amended)
28 Feb 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Driven Brands Holdings Inc. Reports Fourth Quarter
22 Feb 24
UPLOAD
Letter from SEC
12 Jan 24
CORRESP
Correspondence with SEC
10 Jan 24
UPLOAD
Letter from SEC
27 Dec 23
8-K
Driven Brands announces appointment of Damien Harmon to Board of Directors
19 Dec 23
Transcripts
DRVN
Earnings call transcript
2023 Q4
22 Feb 24
DRVN
Earnings call transcript
2023 Q3
1 Nov 23
DRVN
Earnings call transcript
2023 Q2
2 Aug 23
DRVN
Earnings call transcript
2023 Q1
3 May 23
DRVN
Earnings call transcript
2023 Q1
3 May 23
DRVN
Earnings call transcript
2022 Q4
22 Feb 23
DRVN
Earnings call transcript
2022 Q3
26 Oct 22
DRVN
Earnings call transcript
2022 Q2
27 Jul 22
DRVN
Earnings call transcript
2022 Q1
27 Apr 22
DRVN
Earnings call transcript
2021 Q4
16 Feb 22
Latest ownership filings
4
Jonathan G. Fitzpatrick
26 Mar 24
4
Scott L. O'Melia
26 Mar 24
4
Daniel R. Rivera
26 Mar 24
4
Michael Beland
26 Mar 24
4
Change in insider ownership
26 Mar 24
3
Initial statement of insider ownership
26 Mar 24
3
Initial statement of insider ownership
26 Mar 24
4
Jose D. Tomas
29 Feb 24
4
Damien Harmon
29 Feb 24
4
PETER S SWINBURN
29 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jul 23 | Apr 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 259.81 mm | 259.81 mm | 259.81 mm | 259.81 mm | 259.81 mm | 259.81 mm |
Cash burn (monthly) | (no burn) | (no burn) | 302.29 mm | 55.52 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 2.09 bn | 383.78 mm | n/a | n/a |
Cash remaining | n/a | n/a | -1.83 bn | -123.96 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | -6.1 | -2.2 | n/a | n/a |
Institutional ownership, Q3 2023
75.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 176 |
Opened positions | 62 |
Closed positions | 40 |
Increased positions | 72 |
Reduced positions | 33 |
13F shares | Current |
---|---|
Total value | 679.75 bn |
Total shares | 123.09 mm |
Total puts | 89.80 k |
Total calls | 579.20 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
Driven Equity Sub | 68.83 mm | $0.00 |
Millennium Management | 6.78 mm | $85.30 bn |
Vanguard | 5.39 mm | $67.86 bn |
JPM JPMorgan Chase & Co. | 4.89 mm | $61.52 bn |
FIL | 4.05 mm | $50.99 bn |
JHG Janus Henderson | 2.73 mm | $34.39 bn |
BLK Blackrock | 2.67 mm | $33.60 bn |
TimesSquare Capital Management | 2.05 mm | $25.81 bn |
Citadel Advisors | 1.87 mm | $23.52 bn |
Cooper Creek Partners Management | 1.78 mm | $22.37 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Mar 24 | Scott L. O'Melia | Common Stock | Payment of exercise | Dispose F | No | No | 15.31 | 1,171 | 17.93 k | 126,508 |
22 Mar 24 | Daniel R. Rivera | Common Stock | Payment of exercise | Dispose F | No | No | 15.31 | 898 | 13.75 k | 546,360 |
News
Unveiling 6 Analyst Insights On Driven Brands Hldgs
18 Mar 24
Canaccord Genuity Maintains Buy on Driven Brands Hldgs, Raises Price Target to $21
18 Mar 24
Deep Dive Into Driven Brands Hldgs Stock: Analyst Perspectives (5 Ratings)
26 Feb 24
RBC Capital Maintains Outperform on Driven Brands Hldgs, Lowers Price Target to $17
26 Feb 24
Piper Sandler Maintains Overweight on Driven Brands Hldgs, Lowers Price Target to $18
26 Feb 24
Press releases
Investigation Alert Driven Brands Holdings, Apellis Pharmaceuticals, Inspire Medical, and Applied Digital: Johnson Fistel, LLP Encourages Long-Term Investors to Submit Their Information Below
5 Mar 24
Driven Brands to participate in the Bank of America 2024 Consumer & Retail Conference
5 Mar 24
Driven Brands Holdings Inc. Reports Fourth Quarter and Fiscal Year 2023 Results
22 Feb 24
DRIVEN ALERT: Bragar Eagel & Squire, P.C. is Investigating Driven Brands Holdings, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
21 Feb 24
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Driven Brands Holdings Inc. - DRVN
20 Feb 24