Driven Brands Announces Financial Restatement and Revises 2026 Outlook
Driven Brands identified errors in fixed-asset reporting, restated financials, and revised its fiscal 2026 outlook. The company also updated third-quarter 2026 performance; its earnings call and filing are delayed.
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12:08:59 PM UTC
SquawkNews
Driven Brands says material errors in financial statements for fiscal 2023—2025 and 2024—2026 interim periods require restatement; those statements should not be relied upon. It has no set completion timeline and will not file its Q3 2026 Form 10-Q by the deadline.Material DetailsContext by AI Anal…