Brief: Driven Brands Holdings Inc. Reports Strong First Quarter Results
03/05/2023 12:38
Driven Brands Holdings Inc DRVN.O :
* . REPORTS STRONG FIRST QUARTER RESULTS
* Q1 EARNINGS PER SHARE $0.17
* Q1 SALES ROSE 19 PERCENT TO $1.5 BILLION
* Q1 EARNINGS PER SHARE VIEW $0.23 -- REFINITIV IBES DATA
* Q1 ADJUSTED EARNINGS PER SHARE $0.25
* REAFFIRMS FISCAL 2023 GUIDANCE, REFLECTING CONTINUED
MARKET
SHARES GAINS AND RESILIENT NEEDS-BASED CATEGORY
* Q1 REVENUE VIEW $557.6 MILLION -- REFINITIV IBES DATA
* QTRLY REVENUE INCREASED 20 PERCENT TO $562.5 MILLION
Source text for Eikon: ID:nPn5wdD3a
Further company coverage: DRVN.O
Recent news on Driven Brands Holdings
See all newsBrief: ADW Capital Management Calls For Public Strategic Review Including Possible Sale Of Driven Brands
Driven Brands Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
Driven Brands beats Q2 adjusted EPS expectations, keeps FY view
Driven Brands Holdings Inc expected to post earnings of 26 cents a share - Earnings Preview
Driven Brands Q1 revenue rises 8% on higher store count, reiterates FY outlook