Driven Brands beats Q2 adjusted EPS expectations, keeps FY view

Driven Brands Holdings

06/08/2026 12:28

Overview
US automotive services firm's Q2 revenue rose 7% yr/yr
Adjusted EPS for Q2 beat analyst expectations
Company reiterates 2026 outlook, expects adjusted EBITDA at low end of range

Outlook
Driven Brands sees 2026 revenue of ~$1.95-$2.05 bln
Company expects 2026 adjusted EBITDA of ~$430-$460 mln, at the low end of the range
Driven Brands expects 2026 adjusted diluted EPS of ~$1.15-$1.25

Result Drivers
STORE EXPANSION - Co said system-wide sales growth was driven by a 5% increase in store count and positive same store sales growth
TAKE 5 PERFORMANCE - Take 5 segment delivered 3.6% same store sales growth, marking 24 consecutive quarters of growth
NON-RECURRING COSTS - Adjusted EBITDA was impacted by $11.8 mln in restatement-related, non-recurring costs

Company press release: ID:nBwbcqHKga

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$507.4 mln
 
Q2 Adjusted EPS
Beat
$0.29
$0.26 (8 Analysts)
Q2 Same store sales Growth
 
1.40%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the personal services peer group is "buy"
Wall Street's median 12-month price target for Driven Brands Holdings Inc. is $17.00, about 16.4% above its August 5 closing price of $14.61
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Reuters Recommended Reads
Aug 5 - Valvoline Q3 adjusted EPS rises 21%, beats estimates
Aug 5 - CrossAmerica Q2 adjusted EBITDA rises on higher fuel margins
Aug 4 - Standard Motor Products beats Q2 adjusted EPS estimates, reaffirms FY guidance 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)