Core Viewpoint - Driven Brands Holdings Inc. is under investigation for potential claims due to significant financial reporting errors that led to a 30% drop in its stock price [1] Financial Reporting Issues - Driven Brands delayed its fourth-quarter release due to material errors in financial statements for fiscal years 2023 and 2024 [1] - The company disclosed that its previously issued financial statements should not be relied upon and require restatement [1] - Errors identified include lease recording issues affecting right of use assets and liabilities, cash account discrepancies leading to overstatements of cash and revenue, and overstated company-operated store expenses [1] Internal Control Weaknesses - Driven Brands identified material weaknesses in internal control over financial reporting [1] - The Report of its Independent Registered Public Accounting Firm on the financial statements and internal control should not be relied upon [1]

Company Overview - Driven Brands Holdings Inc. is claimed to be the largest automotive services company in North America, offering a variety of consumer and commercial automotive services such as oil changes, paint, collision repair, glass services, vehicle repair, and maintenance [2] Financial Disclosure - On February 25, 2026, Driven Brands announced that the Audit Committee of the Board of Directors identified material errors in previously issued consolidated financial statements for the fiscal years ended December 28, 2024, and December 30, 2023, as well as in unaudited condensed consolidated financial statements for various quarterly and year-to-date periods in fiscal year 2024 [3] - The company stated that these financial statements should not be relied upon and will require restatement, leading to a delay in the release of financial results for the fourth quarter and year ended December 27, 2025 [3] - Following this announcement, Driven Brands' share price experienced a decline of approximately 30% [3]

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Driven Brands Holdings Inc. ("Driven†or the "Company†) (NASDAQ:DRVN). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices. [LEARN MORE ABOUT SECURITIES CLASS ACTIONS] What Should I Do? At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether cla ...

NEW YORK, Feb. 26, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Driven Brands Holdings Inc. ("Driven" or the "Company") (NASDAQ: DRVN). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether Driven and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On February 2 ...

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Driven Brands Holdings Inc. ("Driven Brands†or the "Company†) (NASDAQ: DRVN) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON DRIVEN BRANDS HOLDINGS INC. (DRVN), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR. ...

Piper Sandler downgraded Driven Brands (NASDAQ:DRVN) from an Overweight to a Neutral rating, with the stock priced at $11.60.The company announced material errors in its financial statements for 2023 and 2024, leading to a 35% stock decline.Driven Brands will restate its financials for the past two years and delay its Q4 2025 results due to issues with lease recording, expense misclassification, and cash account discrepancies.Driven Brands (NASDAQ:DRVN) is a prominent player in the automotive service indust ...

Company Performance - Driven Brands Holdings Inc. (NASDAQ:DRVN) fell 5.09% after canceling its earnings release due to material errors in its financial statements for fiscal years 2023 and 2024 [3] - Nvidia Corp. (NASDAQ:NVDA) increased by 1.28% after reporting better-than-expected fourth-quarter financial results and providing first-quarter sales guidance above estimates [4] - Salesforce Inc. (NYSE:CRM) dropped 3.94% despite positive earnings, as its future estimates fell short of Wall Street's expectations [4] - Dell Technologies Inc. (NYSE:DELL) was down 0.38% with analysts expecting earnings of $3.53 per share on revenue of $31.75 billion [5] - Benzinga's Edge Stock Rankings indicate that DRVN maintains a weak price trend over all time frames, while NVDA has a strong price trend but a weak value score [4][6] Market Insights - BlackRock remains overweight on U.S. equities, citing a favorable macro backdrop with continued Federal Reserve easing and strong corporate earnings [8] - The firm anticipates steady growth and inflation potentially drifting below 2%, while expressing caution about long-term fiscal health [9] - BlackRock views recent trade developments as stable, emphasizing the importance of monitoring geopolitical fragmentation as a new return driver beyond technology [10]

We recently published 10 Stocks Left Behind in a Roaring Market. Driven Brands Holdings Inc. (NASDAQ:DRVN) was one of the worst performers on Wednesday. Driven Brands extended its losing streak to a third consecutive day on Wednesday, slashing 30.16 percent to close at $11.60 apiece, as investors turned cautious after it called off the release of its earnings performance for last year and reinstated other financial statements. The company was supposed to hold an earnings call before market open on the s ...

Group 1 - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Driven Brands Holdings Inc. due to allegations of materially misleading business information [1] - Shareholders who purchased Driven Brands securities may be entitled to compensation without any out-of-pocket fees or costs [1]

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Driven Brands Holdings Inc. ("Driven Brands†or the "Company†) (NASDAQ: DRVN) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON DRIVEN BRANDS HOLDINGS INC. (DRVN), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is the Investigation About? On February 25, 2025, Driven Brands disclos. ...