Driven Brands Holdings Inc. (DRVN) Q3 2024 Earnings Call Transcript Summary
Driven Brands Holdings Inc. (DRVN) Q3 2024 Earnings Call Transcript Summary
Achieved 15th consecutive quarter of positive same-store sales growth, with a 1.1% increase.The following is a summary of the Driven Brands Holdings Inc. (DRVN) Q3 2024 Earnings Call Transcript:
以下是Driven Brands Holdings Inc. (DRVN) Q3 2024 業績會交流會議紀要：
Financial Performance:
金融業績：
Driven Brands Holdings Inc. reported Q3 2024 revenue of $592 million, up 2% year-over-year.
Adjusted EBITDA was $138.8 million with diluted adjusted EPS of $0.26 per share.
Achieved 15th consecutive quarter of positive same-store sales growth, with a 1.1% increase.
Operating income was reported at $40 million for Q3. Adjusted EBITDA margin grew approximately 250 basis points to 23.5% for Q3.
Driven Brands Holdings Inc.報告Q3 2024年營業收入爲59200萬美元，同比增長2%。
調整後的EBITDA爲13880萬美元，調整後的每股收益爲0.26美元。
取得了第15個連續季度的正面同店銷售增長，增長了1.1%。
Q3的營業收入報告爲4000萬美元。調整後的EBITDA利潤率約增長250個點子，達到23.5%。
Business Progress:
業務進展：
Driven Brands continued expansion with 56 net new stores, including 45 new units for Take 5 Oil Change.
Closed on the sale of PH Vitres, leveraging the proceeds to pay down debt.
Transitioned all stores affected by Hurricane Milton back to operational status.
Driven Advantage platform sees significant use, with 80% of eligible locations participating.
Achieved over 1 million members in the U.S. Car Wash segment.
Driven Brands繼續擴張，其中包括Take 5 Oil Change的45家新店鋪，淨增加56家。
完成了PH Vitres的銷售，利用收益償還債務。
已將受颶風彌爾頓影響的所有門店過渡至正常運營狀態。
Driven Advantage平台得到廣泛使用，80%的合格位置參與其中。
在美國洗車領域實現了超過100萬會員。
Opportunities:
機會：
Expansion and growth in Take 5 Oil Change, marked by robust franchise development and new store openings.
Significant growth in franchise businesses across maintenance, PC&G, and platform services segments.
Potential in the glass business, Auto Glass Now, with new national and regional partnerships.
Take 5 Oil Change業務擴張和增長明顯，標誌着強勁的特許經營發展和新店開業。
在維護、PC&G以及平台服務板塊的特許經營業務中實現了顯著增長。
玻璃業務Auto Glass Now具有與新的全國和區域合作伙伴拓展的潛力。
Risks:
風險：
Ongoing consumer uncertainty and major weather events impacted Q3 and may affect Q4 performance.
Continued inflationary pressures expected to impact consumer spending, particularly among lower-income households.
持續的消費者不確定性和重大天氣事件影響了第三季度，可能會影響第四季度的業績。
預計持續的通貨膨脹壓力將影響消費支出，尤其是在低收入家庭中。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
