Driven Brands Holdings Inc. announced updated capital allocation priorities, including a long-term net leverage target of 2-3x Net Debt to Adjusted EBITDA and the approval of a $100 million share repurchase authorization effective September 15, 2026. The company intends to continue investing in Take 5 growth while returning capital to shareholders through open-market purchases subject to market conditions. Driven Brands operates as the largest automotive services company in North America, providing consumer and commercial automotive services including oil changes, paint, collision repair, glass replacement, and vehicle maintenance.

Driven Brands Holdings Inc. reported second quarter 2026 financial results for the period ended June 27, 2026. Revenue increased 7% to $507.4 million, while system-wide sales rose 5% to $1.6 billion. Net income from continuing operations was $37.3 million, or $0.23 per diluted share, compared to $16.4 million in the prior year period. Adjusted EBITDA decreased 7% to $107.0 million, reflecting $11.8 million of non-recurring restatement-related costs. The company's net leverage ratio improved to 3.1x Adjusted EBITDA, and total liquidity stood at $855 million. Management reiterated its full-year fiscal 2026 outlook ranges for revenue ($1.95-$2.05 billion), adjusted EBITDA ($430-$460 million), and adjusted diluted EPS ($1.15-$1.25). Driven Brands Holdings Inc. operates in the automotive services industry, providing consumer and commercial vehicle maintenance, repair, and collision services across North America.

Driven Brands Holdings Inc. issued a press release on June 11, 2026, announcing its financial results for the quarter ended March 28, 2026. Driven Brands Holdings Inc. operates in the automotive aftermarket service industry and provides automotive repair and maintenance services.