Driven Brands Holdings Inc. reported its second-quarter 2025 financial results, with total net revenue reaching $551.0 million, an increase of 6.2% over the prior year. The company achieved its 18th consecutive quarter of same-store sales growth, with a 1.7% increase, and system-wide sales grew 3.1% to $1.6 billion.
Adjusted Net Income for the quarter was $59.1 million, or $0.36 per diluted share. The Take 5 segment continued its strong performance, delivering 15% revenue growth and 7% same-store sales growth, marking its 20th consecutive quarter of positive same-store sales.
Driven Brands announced the divestiture of the seller note, received from the U.S. car wash business sale, for $113.0 million in cash proceeds on July 25, 2025. These proceeds were used to pay off all outstanding term loan principal and $65.0 million of the drawn balance on its revolving credit facility, resulting in a pro forma net leverage ratio of 3.9x Adjusted EBITDA. The company reaffirmed its fiscal year 2025 outlook.
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