Potential Securities Fraud: Levi & Korsinsky Investigates Driven Brands Holdings Inc. (DRVN) Ready to Announce with Confidence?
New York, New York--(Newsfile Corp. - March 9, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Driven Brands Holdings Inc. ("Driven Brands Holdings Inc.") (NASDAQ: DRVN) concerning potential violations of the federal securities laws.
Throughout FY 2025, Driven Brands management reiterated specific financial guidance on successive quarterly earnings calls. On the Q4 2024 call (February 25, 2025), CFO Mike Diamond guided for revenue of $2.05 billion to $2.15 billion, adjusted EBITDA of $520 million to $550 million, and adjusted diluted EPS of $1.15 to $1.25. On the Q1 call (May 6, 2025) and Q2 call (August 5, 2025), Driven Brands reiterated the same outlook ranges. On the Q3 call (November 4, 2025), the Company narrowed guidance to revenue of $2.1 billion to $2.12 billion, adjusted EBITDA of $525 million to $535 million, and adjusted EPS of $1.23 to $1.28 -- characterizing the narrowing as reflecting "strong third-quarter performance."
On February 25, 2026, instead of delivering the FY 2025 results investors had been guided to expect, the Company announced a delay of the earnings release and disclosed that prior fiscal results would be restated. DRVN shares opened down 40% on the news.
If you suffered a loss on your Driven Brands Holdings Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212)363-7500 to speak to our team of experienced shareholder advocates.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287728
Source: Levi & Korsinsky, LLP
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