Driven Brands Holdings Inc (NAS:DRVN)
$ 11.405 0.255 (2.29%) Market Cap: 1.87 Bil Enterprise Value: 5.93 Bil PE Ratio: 0 PB Ratio: 2.07 GF Score: 72/100

Driven Brands Holdings Inc at Morgan Stanley Global Consumer & Retail Conference Transcript

Dec 05, 2023 / 09:30PM GMT
Release Date Price: $13.12 (-5.20%)
Simeon Ari Gutman
Morgan Stanley, Research Division - Executive Director

Hi, everyone. Good afternoon. This is, I think, the closing session, and we're going to close on a high note with Driven Brands. I'm Simeon Gutman, Morgan Stanley's, hardline, broadline and food retail analyst. My pleasure to welcome Driven Brands to this event. I think an attendee for 2 years, maybe 3, I forget if we've had 3 of these already, represented by Jonathan Fitzpatrick, President and CEO; and Danny Rivera, EVP and COO. I have -- I don't -- I'm going to say some disclosures, quick intro, and then we'll sit down. Disclosures is for important research disclosures, please go to www.morganstanley.com/researchdisclosures.

As for Driven, it's been -- it's one of the more exciting stories in our coverage in the, call it, automotive and service space, some high growing, highly profitable businesses that as a portfolio has been doing fine. Some parts of it are kind of work in progress. As we've pivoted, we've hoped for faster growth

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