Brief: Driven Brands Reports Fourth Quarter 2022 Results

Driven Brands Holdings

22/02/2023 13:14

Feb 22 (Reuters) - Driven Brands Holdings Inc  DRVN.O :
    * . REPORTS RECORD YEAR OF REVENUE AND PROFITABILITY IN
FISCAL
2022; ISSUES FISCAL 2023 GUIDANCE
    * Q4 ADJUSTED EARNINGS PER SHARE $0.25
    * FY SAME STORE SALES ROSE 14 PERCENT
    * Q4 EARNINGS PER SHARE $0.16
    * Q4 SAME STORE SALES ROSE 11 PERCENT
    * SEES 2023 REVENUE OF APPROXIMATELY $2.35 BILLION
    * SEES 2023 ADJUSTED EBITDA OF APPROXIMATELY $590 MILLION
    * SEES 2023 ADJUSTED EARNINGS PER SHARE OF APPROXIMATELY
$1.21
    * SEES  2023 SAME-STORE SALES GROWTH OF 5 TO 7 PERCENT
    * FY2023 EARNINGS PER SHARE VIEW $1.32, REVENUE VIEW $2.30
BILLION
-- REFINITIV IBES DATA
    * Q4 EARNINGS PER SHARE VIEW $0.24, REVENUE VIEW $546.4
MILLION --
REFINITIV IBES DATA
    * QTRLY REVENUE INCREASED 38 PERCENT TO $539.7 MILLION

Source text for Eikon:  ID:nPnw4YMRa 
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