Driven Brands Holdings (DRVN) Restructuring Costs (2020 - 2024)

Driven Brands Holdings has reported Restructuring Costs for 5 years, with the latest figure at $1.5 million in Q3 2024.

• Quarterly Restructuring Costs rose 7.58% year-over-year to $1.5 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $1.6 million (down 91.23% YoY) and the FY2023 annual result came in at $5.8 million, down 61.9% from the prior year.
• Restructuring Costs climbed to $1.5 million in Q3 2024 per DRVN's latest filing, from $271000.0 in the prior quarter.
• Over five years, Restructuring Costs peaked at $59.7 million in Q4 2021 and troughed at -$1.4 million in Q4 2023.
• A 5-year average of $5.4 million and a median of $1.3 million in 2024 frame the typical range for Restructuring Costs.
• The sharpest annual moves came in 2022 and 2023: Restructuring Costs jumped 758.1% in 2022, then sank 110.71% in 2023.
• Over 5 years, Restructuring Costs stood at $13.8 million in 2020, then surged by 333.92% to $59.7 million in 2021, then plunged by 77.59% to $13.4 million in 2022, then tumbled by 110.71% to -$1.4 million in 2023, then soared by 203.0% to $1.5 million in 2024.
• According to Business Quant data, Restructuring Costs over the past three periods registered $1.5 million, $271000.0, and $1.3 million for Q3 2024, Q2 2024, and Q1 2024 respectively.