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Q4 2024 Driven Brands Holdings Inc Earnings Call

In This Article:

Participants

Joel Arnao; Senior Vice President, FP&A, Investor Relations, and Treasury; Driven Brands Holdings Inc

Jonathan Fitzpatrick; President, Chief Executive Officer, Director; Driven Brands Holdings Inc

Daniel Rivera; Chief Operating Officer, Executive Vice President; Driven Brands Holdings Inc

Michael Diamond; Chief Financial Officer, Executive Vice President; Driven Brands Holdings Inc

Pedro Gil; Analyst; Morgan Stanley

Justin Kleber; Analyst; Baird

Madison Callinan; Analyst; Canaccord Genuity Inc

Christopher O'Cull; Analyst; Stifel Nicolaus and Company, Incorporated

Phillip Blee; Analyst; William Blair

Christian Carlino; Analyst; JPMorgan

Tristan Thomas-Martin; Analyst; BMO Capital Markets

Presentation

Operator

Good morning, ladies and gentlemen, and welcome to the [Lucara Diamond Corp] year end 2024 results webcast conference call. (Operator Instructions) This call is being recorded on Tuesday, February 25, 2025.
I would now like to the conference over to Joel Arnao, SVP of Finance and Investor Relations. Please go ahead.

Joel Arnao

Good morning and welcome to Driven Brand's fourth quarter and fiscal year 2024 earnings conference call. The earnings release and the net leverage ratio reconciliation are available for download on our website at investors.drivenbrands.com.
On the call today with me are Jonathan Fitzpatrick, President and Chief Executive Officer; Danny Rivera, Executive Vice President and Chief Operating Officer; and Mike Diamond, Executive Vice President and Chief Financial Officer. In a moment, Jonathan, Danny, and Mike will walk you through our financial and operating performance for the quarter and full year.
Before we begin our remarks, I'd like to remind you that management will refer to certain non-GAAP financial measures. You can find the reconciliation to the most directly comparable GAAP financial measures on the company's investor relations website and in its filings with the Securities and Exchange Commission.
During the course of this call, we may also make forward-looking statements in regards to our current plans, beliefs, and expectations. These statements are not guarantees of future performance and are subject to a number of risks and uncertainties, and other factors that could cause actual results and events to differ materially from the results and events contemplated by these forward-looking statements. Please see our earnings release and our filings with the Securities and Exchange Commission for more information.
Today's prepared remarks will be followed by a question-and-answer session. We ask you to limit yourself to one question and one follow-up.
Now I will turn it over to my partner, Jonathan.