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| Date | Value |
|---|---|
| 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 |