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

Driven Brands Holdings has disclosed Restructuring Costs across 5 years of filings, most recently posting $1.5 million for Q3 2024.

• In Q3 2024, Restructuring Costs fell 11.46% year-over-year to $1.5 million; the TTM figure through Sep 2024 stood at $10.1 million (down 19.6% YoY), while the FY2023 annual figure was $13.2 million, down 13.92% from the prior year.
• Restructuring Costs came in at $1.5 million for Q3 2024 at Driven Brands Holdings, up from $940000.0 in the prior quarter.
• In the past five years, Restructuring Costs ranged from a high of $59.7 million in Q4 2021 to a low of $405000.0 in Q2 2021.
• Average Restructuring Costs over 5 years is $5.9 million, with a median of $1.8 million recorded in 2023.
• The largest YoY upside for Restructuring Costs was 2393.19% in 2021 against a maximum downside of 94.48% in 2021.
• Over 5 years, Restructuring Costs stood at $2.4 million in 2020, then surged by 2393.19% to $59.7 million in 2021, then tumbled by 91.09% to $5.3 million in 2022, then gained by 11.03% to $5.9 million in 2023, then plunged by 75.03% to $1.5 million in 2024.
• Per Business Quant data, the three most recent Restructuring Costs figures were $1.5 million in Q3 2024, $940000.0 in Q2 2024, and $1.8 million in Q1 2024.