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Driven Brands — Third Quarter 2026 Earnings Summary

Driven Brands Holdings Inc. has identified material errors in its fixed asset accounting for fiscal years 2023, 2024, and 2025, necessitating a restatement of previously issued financial statements. Consequently, the company has delayed its third-quarter earnings call and the filing of its Form 10-Q while it works to correct the errors with external advisors. Preliminary data for the third quarter of 2026 shows a 2.0% increase in same-store sales for Driven Brands overall, with Take 5 reporting a 4.9% increase. The company has revised its full-year 2026 outlook, lowering Adjusted EBITDA guidance to $410–$430 million and increasing expected restatement-related costs to at least $50 million.

Company
DRIVEN BRANDS HOLDINGS INC
Sector
Consumer Cyclical
Industry
Auto & Truck Dealerships