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

Driven Brands Holdings (DRVN) posted Restructuring Costs of -$606000.0 for Q3 2024, down 164.47% sequentially from $940000.0 in Q2 2024, and down 144.17% YoY from $1.4 million in Q3 2023.

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

Driven Brands Holdings (DRVN) has 5 years of Restructuring Costs data on file, last reported at -$606000.0 in Q3 2024.

  • Quarterly Restructuring Costs fell 144.17% year-over-year to -$606000.0 in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $164000.0 (up 117.15% YoY) and the FY2023 annual result came in at $5.8 million, up 102.61% from the prior year.
  • Restructuring Costs fell to -$606000.0 in Q3 2024 per DRVN's latest filing, from $940000.0 in the prior quarter.
  • The five-year high for Restructuring Costs was $61.0 million in Q4 2021, with the low at -$7.1 million in Q4 2022.
  • Average Restructuring Costs over 5 years is $4.0 million, with a median of $1.0 million recorded in 2023.
  • Year-over-year, Restructuring Costs surged 2448.06% in 2021 and slumped 144.17% in 2024.
  • Driven Brands Holdings' Restructuring Costs stood at $2.4 million in 2020, then surged by 2448.06% to $61.0 million in 2021, then plunged by 111.64% 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.
  • Business Quant data shows DRVN's Restructuring Costs at -$606000.0 in Q3 2024, $940000.0 in Q2 2024, and $1.3 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Uxin 128.90 Bn 128.96 Bn -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn
10 Driven Brands Holdings 2.32 Bn 2.32 Bn -

Historic Data

Download Data
DateValue
Sep 28, 2024 -606,000.00
Jun 29, 2024 940,000.00
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 1.03 Mn
Dec 31, 2022 -7.10 Mn
Sep 24, 2022 753,000.00
Jun 25, 2022 3.34 Mn
Mar 26, 2022 4.32 Mn
Dec 25, 2021 61.03 Mn
Sep 25, 2021 636,000.00
Jun 26, 2021 389,000.00
Mar 27, 2021 1.65 Mn
Dec 26, 2020 2.40 Mn
Sep 26, 2020 119,000.00
Jun 27, 2020 1.02 Mn
Mar 28, 2020 1.18 Mn