Driven Brands Exceeds Q2 Revenue Expectations, Achieves 20th Consecutive Quarter of Same-Store Sales Growth

Driven Brands Holdings Inc. (DRVN) reported Q2 revenue of $550.99 million, exceeding analysts' expectations of $540.47 million, with a 3.1% increase in system-wide sales. The company achieved a pro forma net leverage ratio of 3.9x after selling the U.S. car wash seller note in July, reducing debt. DRVN's Take 5 Oil Change segment marked its 20th consecutive quarter of same-store sales growth, reinforcing its leadership in the industry.

Driven Brands Holdings Inc. (DRVN) has reported strong financial performance for the second quarter of 2025, with revenue reaching $550.99 million, surpassing analysts' expectations of $540.47 million. The company's system-wide sales increased by 3.1%, demonstrating robust growth in its diversified platform.

Key highlights of the quarter include:
- Revenue Growth: DRVN's revenue for the second quarter was $550.99 million, a 6.2% increase compared to the prior year.
- Same-Store Sales: System-wide sales increased by 3.1%, with a 1.7% increase in same-store sales and a 3.9% increase in store count.
- Net Income: Net income from continuing operations was $11.8 million, or $0.07 per diluted share, compared to $37.2 million, or $0.22 per diluted share, in the prior year.
- Adjusted EBITDA: Adjusted EBITDA was $143.2 million, a decrease of $0.2 million from the prior year.
- Debt Reduction: The company achieved a pro forma net leverage ratio of 3.9x after selling the U.S. car wash seller note in July, indicating a disciplined debt reduction strategy.
- Take 5 Oil Change Segment: The Take 5 Oil Change segment marked its 20th consecutive quarter of same-store sales growth, reinforcing its leadership in the industry.

The company's President and Chief Executive Officer, Danny Rivera, expressed confidence in the company's ability to continue delivering sustainable growth. He highlighted the power of the diversified platform and the growth and cash playbook, which have contributed to the company's strong performance.

DRVN's results demonstrate the company's ability to execute with focus and discipline in a dynamic macro environment. The company's outlook remains positive, with a well-defined path to long-term shareholder value.

References:
[1] https://www.marketscreener.com/news/earnings-flash-drvn-driven-brands-holdings-inc-reports-q2-revenue-551-0m-vs-factset-est-of-53-ce7c5edbd08df524
[2] https://seekingalpha.com/news/4480331-valvoline-narrows-full-year-same-store-sales-guidance-to-5_8-percentminus-6_4-percent-amid
[3] https://finance.yahoo.com/news/driven-brands-holdings-inc-reports-111500493.html