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home / news releases / DRVN - Driven Brands Holdings Inc. (DRVN) Q4 2023 Earnings Call Transcript


DRVN - Driven Brands Holdings Inc. (DRVN) Q4 2023 Earnings Call Transcript

2024-02-22 17:00:37 ET

Driven Brands Holdings Inc. (DRVN)

Q4 2023 Earnings Conference Call

February 22, 2024, 08:30 AM ET

Company Participants

Joel Arnao - SVP, Finance

Jonathan Fitzpatrick - President & CEO

Danny Rivera - EVP & COO

Gary Ferrera - EVP & CFO

Conference Call Participants

Peter Benedict - Baird,

Seth Sigman - Barclays

Chris O'Cull - Stifel

Jason Haas - Bank of America

Christian Carlino - JPMorgan

Peter Keith - Piper Sandler

Simeon Gutman - Morgan Stanley

Presentation

Operator

Good morning. My name is Ludy, and I will be your conference operator today. At this time, I would like to welcome everyone to the Driven Brands Q4 and Fiscal 2023 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

I will now turn the call over to Joel Arnao, Senior Vice President of Finance. Joel, you may begin your conference.

Joel Arnao

Good morning, and welcome to Driven Brands fourth quarter 2023 earnings conference call. The earnings release and the leverage ratio reconciliation are available for download on our website at investors.drivenbrands.com. On the call today with me are Jonathan Fitzpatrick, President and Chief Executive Officer; Danny Rivera, Executive Vice President and Chief Operating Officer, and Gary Ferrera, Executive Vice President and Chief Financial Officer. In a moment, Jonathan, Danny and Gary will walk you through our financial and operating performance for the quarter and fiscal year 2023.

Before we begin our remarks, I'd like to remind you that management will refer to certain non-GAAP financial measures. You can find these reconciliations to the most directly comparable GAAP financial measures on the company's Investor Relations website and in its filings with the Securities and Exchange Commission. During the course of this call, we may also make forward-looking statements in regards to our current plans, beliefs and expectations.

These statements are not guarantees for future performance and are subject to a number of risks and uncertainties and other factors that can cause actual results and events to differ materially from the results and events contemplated by these forward-looking statements. Please see our earnings release and our filings with the Securities and Exchange Commission for more information. Today's prepared remarks will be followed by a question-and-answer session. We ask you to limit yourself to one question and one follow-up....

For further details see:

Driven Brands Holdings Inc. (DRVN) Q4 2023 Earnings Call Transcript
Stock Information

Company Name: Highland Funds I HFR Event-Driven ETF
Stock Symbol: DRVN
Market: NASDAQ
Website: drivenbrands.com

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