Driven Brands Holdings Inc. Announces Fourth Quarter Results

Driven Brands Holdings Inc. stock experienced a more than 3% jump on February 16 after the company announced results from the fourth quarter of 2021, which included $391.9 million in revenue, a 36% increase from 2020, and a one-time expense of $56 million to acquire Auto Glass Now, as reported by Investorsobservor.com. Revenue for 2021 was $1.5 billion, an increase of 62% from 2020. Driven Brands projects a revenue of approximately $1.9 billion in 2022 and hopes to open 225 new stores.

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