Driven Brands Holdings Inc (NAS:DRVN)
$ 11.15 0.48 (4.5%) Market Cap: 1.83 Bil Enterprise Value: 5.92 Bil PE Ratio: 0 PB Ratio: 2.02 GF Score: 72/100

Q1 2023 Driven Brands Holdings Inc Earnings Call Transcript

May 03, 2023 / 12:30PM GMT
Release Date Price: $29.95 (-1.09%)
Operator

Good morning, and welcome to Driven Brands First Quarter 2023 Earnings Conference Call. My name is Sylvie, and I will be your conference operator today. As a reminder, this call is being recorded. I would now like to turn the conference over to Kristy Moser, Vice President of Investor Relations.

Kristine Moser
Driven Brands Holdings Inc. - VP of IR and Communications

Thanks very much, and welcome, everybody, to Driven Brands First Quarter 2023 Earnings Conference Call. In addition to the earnings release, there's a leverage ratio reconciliation and infographic available for download on our website at investorrelations.drivenbrands.com, summarizing our first quarter results.

On the call with me today are Jonathan Fitzpatrick, President and Chief Executive Officer; and Tiffany Mason, Executive Vice President and Chief Financial Officer. In a moment, Jonathan and Tiffany will walk you through our financial and operating performance for the quarter.

Before we begin our remarks, I'd like to remind you that management will refer to certain non

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