Driven Brands Holdings

Driven Brands reported adjusted EPS of $0.30 for Q1 2026 (expectation $0.28) on revenue of $484 million (expectation $487.62 million), with EPS beating forecasts while revenue slightly missed. Revenue grew 8.2% year‑over‑year; systemwide sales rose 6% to $1.6 billion. Adjusted EBITDA was $104.1 million; operating income increased to $67.4 million. The stock rose 8.12% in premarket trading. The company expects EPS of $0.29 for Q2, $0.33 for Q3 and $1.22 for full‑year 2026. » Mere på de.investing.com

III Capital Management sold 255,860 shares of Driven Brands in Q1, an estimated $3.6 million transaction, and the fund’s quarter-end stake value fell by about $3.96 million including price changes. Driven Brands reported fiscal 2025 revenue of $1.86 billion and adjusted EBITDA of $449 million, with Take 5 delivering continued same-store sales growth. The stock has underperformed the market, down roughly 22% over the past year, while management emphasizes portfolio streamlining, reduced leverage and improved controls as signs of stabilization. » Mere på finance.yahoo.com

Driven Brands' stock rose sharply after reports of a takeover offer from activist hedge fund ADW Kapital. ADW is offering $18 per share, equivalent to a purchase price of just under $3 billion and a premium of around 40%. The fund, which holds roughly 3.7% of Driven Brands, signals confidence that it can secure financing after due diligence and aims to replace majority owner Roark Kapital. » Mere på de.investing.com