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Multiples and earnings estimates are falling, but a recession is yet to be fully priced, Morgan Stanley says. The S&P 500 (SP500) (NYSEARCA:SPY) would have to fall to 3,000, about 18% from current levels to fully reflect a recession, strategist Mike Wilson wrote in a note Tuesday. "The Be...
CHARLOTTE, N.C., May 31, 2022 (GLOBE NEWSWIRE) -- Driven Brands Holdings Inc. (NASDAQ: DRVN) will present at the William Blair 42nd Annual Growth Stock Conference on June 7, 2022. Jonathan Fitzpatrick, President and CEO, and Tiffany Mason, EVP and CFO, will be presenting at approximately 8:...
Bank of America upgrades O'Reilly Automotive (NASDAQ:ORLY) to a Buy rating from Neutral as it hunted for more defensive "staples-like" stocks within the consumer discretionary sector. Analyst Elizabeth Suzuki and team think ORLY's superior supply chain and inventory availability should enable...
Morgan Stanley issued its list of comprehensive top analyst picks for North America by sector Friday, with those stocks showing a median upside of 32% compared to analysts' base case price targets. Analysts can choose an Overweight or Underweight stock as their highest conviction choice in th...
Driven Brands (NASDAQ:DRVN +6.3%) is accelerating on Thursday afternoon after a delayed stock reaction to its first quarter earnings results. The parent company of MAACO, Meineke Car Care Centers, and other auto-related service providers reported a beat on top and bottom lines for the quarter...
Driven Brands Holdings, Inc. (DRVN) Q1 2022 Earnings Conference Call April 27, 2022 09:00 AM ET Company Participants Jonathan Fitzpatrick - CEO, President Tiffany Mason - CFO, EVP Rachel Webb - VP, IR Conference Call Participants Simeon Gutman - Morgan Stanley Christopher Horvers - JPMorgan P...
Image source: The Motley Fool. Driven Brands Holdings Inc. (NASDAQ: DRVN) Q1 2022 Earnings Call Apr 27, 2022 , 9:00 a.m. ET Operator Continue reading For further details see: Driven Brands Holdings Inc. (DRVN) Q1 2022 Earnings Call Transc...
Driven Brands press release (NASDAQ:DRVN): Q1 Non-GAAP EPS of $0.28 beats by $0.07. Revenue of $468.3M (+42.2% Y/Y) beats by $35.71M. Consolidated same-store sales increased 15.6% for the quarter, and all segments posted positive same-store sales. The Company added 114 net new stores during t...
CHARLOTTE, N.C., April 20, 2022 (GLOBE NEWSWIRE) -- Driven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven Brands”) will release first quarter 2022 financial results before the market opens on April 27, 2022. Following the release, Driven Brands will host a conference call at 9:0...
Driven Brands opens fifth Take 5 Oil Change and Car Wash location in Texas PR Newswire Unique retail strategy in automotive services CHARLOTTE, N.C. , April 12, 2022 /PRNewswire/ -- Driven Brands announced the opening of a Take 5 Oil Change and Car Wash co-de...
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Driven Brands Holdings Inc. (NASDAQ: DRVN) will release its second quarter 2024 earnings before the market opens on August 1, 2024. Following the release, management will host a conference call at 8:30 a.m. ET to review the company's financial and operating performance. The conference call wi...
2024-07-01 00:24:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
DRIVEN BRANDS INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Driven Brands Holdings Inc. - DRVN DRIVEN BRANDS INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Inv...