Driven Brands Holdings Inc (NAS:DRVN)
$ 11.53 0.37 (3.32%) Market Cap: 1.89 Bil Enterprise Value: 5.92 Bil PE Ratio: 0 PB Ratio: 2.09 GF Score: 72/100
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Q2 2023 Driven Brands Holdings Inc Earnings Call Transcript

Aug 02, 2023 / 12:30PM GMT
Release Date Price: $15.2 (-41.15%)
Operator

Good morning. My name is Joelle, and I will be your conference operator today. At this time, I would like to welcome everyone to the Driven Brands Q2 2023 Earnings Conference Call. (Operator Instructions)

I will now turn the call over to [Joel Arnao], SVP of Finance. Joel, you may begin your conference.

Unidentified Company Representative

Thank you very much, and welcome to Driven Brands' second 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; and Gary Ferrera, Executive Vice President and Chief Financial Officer. In a moment, Jonathan and Gary 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-GAAP financial measures. You can find reconciliations of the most directly comparable GAAP financial measures on the

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