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