Driven Brands

Q2 FY2026 EarningsDRVN.US announced a significant financial restatement due to material errors in fixed asset reporting, leading to the delay of its Q3 FY26 earnings call and 10-Q filing. Preliminary Q3 performance showed Same Store Sales (SSS) growth of 2.0%, with Take 5 (+4.9%) and Auto Glass Now (+6.5%) as highlights, while Franchise Brands units declined. Critically, management lowered FY26 guidance for Adjusted EBITDA ($410M-$430M vs. $430M-$460M prior) and Adjusted EPS ($1.10-$1.20 vs. $1.15-$1.25 prior), citing restatement costs of at least $50M and macroeconomic headwinds.