Driven Brands Holdings Inc is a leading automotive services company that specializes in providing a comprehensive range of vehicle maintenance and repair solutions
The company operates a diverse portfolio of well-known brands, offering services such as oil changes, tire installations, paint and collision repair, and car washes. By leveraging its extensive network of franchised and company-operated locations, Driven Brands aims to serve both individual car owners and businesses, ensuring reliable and high-quality care for vehicles. Their commitment to innovation and customer service positions them as a prominent player in the rapidly evolving automotive aftermarket industry.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the industrial & environmental services industry, including CECO Environmental (NASDAQCECO) and its peers.
Driven Brands (NASDAQDRVN) reports Q4 results, CEO transition, and sale of US car wash business. Revenues fall short, CEO to step down, and business sold for $385M.
A robust auto sales market bodes well for auto maintenance stocks, which can still flourish in weak auto sales environments. These 2 stocks can thrive in 2025.
Consumers can expect a net $68 billion tailwind in 2024 from perks such as changes in social security and lower gas prices — a boost to discretionary spending for many that could provide some support for retail stocks.
While most investors hold winning stocks, every investor has losers, too. But rather than waiting for a fresh start next year, investors can look to convert this year’s losers into assets and winners. One name I like here is Driven Brands Holdings.
