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

Driven Brands Holdings' (DRVN) quarterly Restructuring Costs came in at -$606000.0 in Q3 2024, down 144.17% year-on-year from $1.4 million in Q3 2023, and down 323.62% quarter-over-quarter from $271000.0 in Q2 2024.

Driven Brands Holdings (DRVN) Restructuring Costs (2020 - 2024) Analysis & Trends

Driven Brands Holdings has disclosed Restructuring Costs across 5 years of filings, most recently posting -$606000.0 for Q3 2024.

  • Restructuring Costs for Q3 2024 came in at -$606000.0, down 144.17% year-over-year; the trailing twelve-month figure through Sep 2024 was -$505000.0 (down 276.87% YoY), and the FY2023 annual result was $5.8 million, up 102.61% from the prior year.
  • Restructuring Costs came in at -$606000.0 for Q3 2024 at Driven Brands Holdings, down from $271000.0 in the prior quarter.
  • In the past five years, Restructuring Costs ranged from a high of $4.3 million in Q1 2022 to a low of -$10.4 million in Q4 2020.
  • The 5-year median for Restructuring Costs is $666000.0 (2021), against an average of $38368.4.
  • Peak annual rise in Restructuring Costs reached 1394.12% in 2022, while the deepest fall reached 724.71% in 2022.
  • Driven Brands Holdings' Restructuring Costs stood at -$10.4 million in 2020, then soared by 110.98% to $1.1 million in 2021, then tumbled by 724.71% to -$7.1 million in 2022, then jumped by 79.83% to -$1.4 million in 2023, then jumped by 57.71% to -$606000.0 in 2024.
  • The last three Restructuring Costs figures came in at -$606000.0 (Q3 2024), $271000.0 (Q2 2024), and $1.3 million (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn
10 Driven Brands Holdings 2.12 Bn 2.12 Bn -

Historic Data

Download Data
DateValue
Sep 28, 2024 -606,000.00
Jun 29, 2024 271,000.00
Mar 30, 2024 1.26 Mn
Dec 30, 2023 -1.43 Mn
Sep 30, 2023 1.37 Mn
Jul 1, 2023 3.75 Mn
Apr 1, 2023 1.85 Mn
Dec 31, 2022 -7.10 Mn
Sep 24, 2022 2.33 Mn
Jun 25, 2022 666,000.00
Mar 26, 2022 4.32 Mn
Dec 25, 2021 1.14 Mn
Sep 25, 2021 666,000.00
Jun 26, 2021 405,000.00
Mar 27, 2021 289,000.00
Dec 26, 2020 -10.36 Mn
Sep 26, 2020 119,000.00
Jun 27, 2020 627,000.00
Mar 28, 2020 1.18 Mn