Driven Brands Holdings Inc. at Goldman Sachs Global Retailing Conference Transcript
(audio in progress) is a leading provider of diversified automotive services. They have businesses ranging from Quick Lube to collision repair to automotive maintenance to glass repair and replacement.
Questions & Answers
So run the full gamut of automotive services, over 4,000 locations and of those 75% or so are franchised. I think a good point to go to after that is the company had a great announcement today. You announced you're planning to get to three times net leverage by the end of the current quarter. And with that, some updated capital allocation priorities focused on Take 5 growth, long-term net leverage of two times to three times and importantly, a share repurchase authorization. So what can we learn from that? The updated priorities?
Yes, absolutely, and thanks for having us here. I mean I think
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
