The reiteration of the full-year outlook with a low-end bias on EBITDA suggests limited near-term upside. Monitor consumer spending trends and the pace of restatement cost resolution for potential guidance revisions in Q3.
Price Chart
Executive Summary
Driven Brands reported Q2 2026 revenue of $507.4M (+6.8% YoY) and GAAP diluted EPS of $0.23, while Adjusted Diluted EPS was $0.29, slightly below the prior year's $0.30. The company reiterated its full-year 2026 outlook ranges but guided Adjusted EBITDA to the low end, citing consumer uncertainty and higher restatement costs. The Take 5 segment continued its strong performance with 3.6% same-store sales growth, but total Adjusted EBITDA declined 7% YoY, and the net leverage ratio improved to 3.1x.
Key Financial Metrics
Key Facts
- Revenue increased 6.8% YoY to $507.4M, in line with consensus of $504.7M.
- GAAP diluted EPS from continuing operations was $0.23, up from $0.10 YoY.
- Adjusted diluted EPS was $0.29, down from $0.30 in the prior year.
- Adjusted EBITDA was $107.0M, a decrease of 7% YoY, including $11.8M in restatement-related costs.
- Company reiterated FY2026 revenue outlook of $1.95B-$2.05B and Adjusted EBITDA of $430M-$460M, but expects Adjusted EBITDA at the low end.
- Net leverage ratio improved to 3.1x from 3.2x in Q1 2026.
- Take 5 same-store sales grew 3.6%, marking the 24th consecutive quarter of growth.
- Total liquidity was $855M, including $184M in cash and $671M in undrawn capacity.
Financial Impact
Revenue grew 6.8% to $507.4M, but Adjusted EBITDA declined 7% to $107.0M. Adjusted EPS fell to $0.29 from $0.30 YoY.
Risk Factors
- Guidance for Adjusted EBITDA at the low end of the range signals ongoing pressure from lower-income consumers and elevated restatement costs.
- Adjusted EPS declined YoY despite revenue growth, indicating margin compression or higher non-recurring costs.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001804745-26-000072 |
| Document: drvn-20260806.htm | 0001804745-26-000072 |
| Document: 0001804745-26-000072-index-headers.html | 0001804745-26-000072 |
| Document: 0001804745-26-000072-index.html | 0001804745-26-000072 |
| Document: 0001804745-26-000072.txt | 0001804745-26-000072 |
| 8-K Data (Synthetic) | 0001804745-26-000072 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 5w ago | 8-K | $12.52 $12.28 | ▼ −1.92% | ▼ −2.73% | $11.69 (−6.63%) |
Aug 6, 2026 11w ago | 8-K | $12.96 $12.86 | ▼ −0.77% | ▼ −1.98% | $11.69 (−9.80%) |
Jun 16, 2026 18w ago | DEFA14A | $12.55 $13.19 | ▲ +5.10% | ▲ +6.14% | $11.69 (−6.85%) |
Jun 11, 2026 19w ago | 8-K | $13.83 $12.55 | ▼ −9.26% | ▼ −9.69% | $11.69 (−15.47%) |
Jun 5, 2026 20w ago | 8-K | $13.47 $13.46 | ▲ +0.07% | ▲ +2.19% | $11.69 (+13.21%) |
May 19, 2026 22w ago | 8-K | $13.23 $14.03 | ▲ +6.05% | ▲ +3.80% | $11.69 (−11.64%) |
Apr 23, 2026 26w ago | 8-K | $12.39 $12.74 | ▲ +2.82% | ▲ +1.35% | $11.69 (−5.65%) |
Apr 21, 2026 26w ago | 8-K | $12.64 $12.44 | ▲ +1.62% | ▲ +1.68% | $11.69 (+7.52%) |
Feb 25, 2026 34w ago | 8-K | $11.60 $11.01 | ▲ +5.09% | ▲ +3.99% | $11.69 (−0.78%) |
Feb 25, 2026 34w ago | 8-K | $11.60 $11.01 | ▲ +5.09% | ▲ +3.99% | $11.69 (−0.78%) |
US Market Status
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