How did Driven Brands' revenue streams perform in Q4 2024 compared to previous quarters?

Driven Brands' revenue streams showed a seasonal decline in Q4 2024 compared to the previous quarter, Q3 2024, with a decrease of approximately 17.5% in total revenue. Here's a detailed analysis:

1. **Q4 2024 Performance**:
- Driven Brands reported a total revenue of $564.12 million for Q4 2024.
2. **Q3 2024 Performance**:
- The revenue for Q3 2024 was $591.68 million.
3. **Comparison and Analysis**:
- The decline in revenue from Q3 2024 to Q4 2024 is not solely due to seasonal factors as the revenue in Q1 2024 was also lower, with $481.99 million compared to $591.68 million in Q3 2024.
- The trend suggests that Q4 2024's revenue was the lowest for the year, which is typical for the automotive service industry as it often experiences lower demand in December compared to the preceding months.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|DRVN|DRVN.O|Driven Brands|2024 Q1|-14.307506040354367|4.81992E8|185|
|DRVN|DRVN.O|Driven Brands|2024 Q2|0.7769617253658642|6.11566E8|185|
|DRVN|DRVN.O|Driven Brands|2024 Q3|1.8320786735371768|5.91679E8|185|
|DRVN|DRVN.O|Driven Brands|2024 Q4|1.8855758863019414|5.64117E8|185|

In summary, Driven Brands' revenue streams experienced a typical seasonal decline in Q4 2024, which is consistent with the industry's performance pattern.