Driven Brands Announces New Segment Reporting
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Driven Brands Holdings Inc. (NASDAQ: DRVN) announced a change in its segment reporting effective Q1 2025, highlighting Take 5 Oil Change as a stand-alone segment.
March 12, 2025 | 11:45 am
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Driven Brands is restructuring its segment reporting to better reflect its operations, with Take 5 Oil Change becoming a stand-alone segment. This change is effective from Q1 2025.
The restructuring of segment reporting to highlight Take 5 Oil Change as a stand-alone segment suggests a strategic focus on this growth driver. This could positively impact investor perception and stock price as it provides clearer insights into value creation.
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