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Tag Archives: Driven Brands
Driven Brands Financial Reporting Back on Schedule, Still Contains Restatement Costs
Driven Brands Holdings Inc. (DBHI) has returned to a regular reporting schedule for its second quarter 2026 financial results, executives said in an Aug. 6 investor call. DBHI is the parent company of Auto Glass Now (AGN). In addition to … Continue reading
Posted in glassBYTEs Original Story Tagged agn, Auto Glass Now, Driven Brands, financial reporting, second quarter Leave a comment
Driven Brands Holds Annual Stockholder Meeting
Driven Brands Holdings Inc. (DBHI) held its annual stockholder meeting on July 28 to vote on several issues, according to a recent filing with the Securities Exchange Commission (SEC). One order of business, according to the filing, was ratifying DBHI’s … Continue reading
Driven Brands Returns to Regular Reporting With Q1 Results
After a delay due to 2025 financial restatements, Driven Brands Holdings Inc. (DBHI) has released its first-quarter 2026 financial results. Executives said in an investor call that DBHI’s subsidiary, Auto Glass Now (AGN), delivered a “strong quarter.” In addition to … Continue reading
Driven Brands Faces Deadline to Address NASDAQ Compliance Issue
The Nasdaq Stock Market LLC (NASDAQ) notified Driven Brands Holdings Inc. (DBHI) of noncompliance following the late filing of the company’s first-quarter 2026 financial results. DBHI filed its financial results for the quarter late on May 19 after previously announcing … Continue reading
Driven Brands Cites AGN Reporting Errors in Financial Restatement
Driven Brands Holdings Inc. (DBHI) has released its 2025 financial results. The report says prior Auto Glass Now (AGN) accounting errors contributed to DBHI’s recent restatement. DBHI held an investor call to review its 2025 fourth-quarter and full-year financial results … Continue reading
Driven Brands Pushes Back Financial Filing as Restatement Continues
Driven Brands Holdings Inc. (DBHI) has released some preliminary, unaudited financial results and announced a delay in submitting the full information to the Securities and Exchange Commission (SEC). The Charlotte, North Carolina-based company operates several automotive services brands, including Auto … Continue reading
Posted in glassBYTEs Original Story Tagged Driven Brands, driven brands financial results Leave a comment
AGN Parent Company Flags Q4 Uncertainty Amid Industry ‘Headwinds’
Auto Glass Now’s (AGN) parent company has its eyes on consumer “choppiness” across the collision repair industry going into the fourth quarter, officials told investors in a third-quarter financial call. Charlotte, North Carolina-based Driven Brands held its third quarter 2025 … Continue reading
Posted in glassBYTEs Original Story Tagged agn, Auto Glass Now, Driven Brands, financial results Leave a comment
Driven Brands Announces New COO
Driven Brands has appointed Mo Khalid as its new executive vice president and chief operating officer (COO). Driven Brands owns Charlotte, North Carolina-based Auto Glass Now. Khalid transitions from his role as executive vice president and president of the Driven … Continue reading
Driven to Present at Investment Banking Group’s Event
Driven Brands recently announced that it will participate in the Goldman Sachs 32nd Annual Global Retailing Conference in New York on September 4. Driven owns Auto Glass Now (AGN) and third-party glass claims administrator Driven Claims. Driven’s “fireside chat” will … Continue reading
AGN Still “Incubating,” Says Driven CEO
In an investor call the morning of August 5, Driven Brands’ CEO Danny Rivera reported the company is still developing Auto Glass Now (AGN). According to Driven’s second-quarter 2025 financial report, though AGN’s sales have increased slightly, its EBITDA (earnings … Continue reading
Posted in glassBYTEs Original Story Tagged agn, Auto Glass Now, Driven Brands, Driven Claims, financial results, second quarter Leave a comment
Subway Taps Driven Brands, Burger King Veteran as Next CEO
The Subway sandwich chain has tapped former Driven Brands executive Jonathan Fitzpatrick as the company’s latest CEO, effective July 28. Read more here.
Driven Brands to Participate in Technology Conference
Driven Brands, the parent company of Auto Glass Now (AGN) and Driven Claims, will appear at an upcoming global technology conference. Officials say the Charlotte, North Carolina-based automotive services company will host a fireside chat at the Baird 2025 Global … Continue reading
Driven Brands Sued Over Alleged Lack of AGN Integration Disclosures
A shareholder recently filed suit against Driven Brands for allegedly not disclosing issues integrating Auto Glass Now (AGN). Jonathan Gaiman filed the lawsuit on May 2, 2025, against Driven Brands Holdings as well as several current and former executives. He … Continue reading
Driven Brands Sells a Major Automotive Services Company
The parent company of Auto Glass Now announced it has sold one of its other businesses. Officials say Charlotte, North Carolina-based Driven Brands sold its car wash brand to Express Wash Operations LLC, which operates as Whistle Express Car Wash. … Continue reading
Posted in glassBYTEs Original Story Tagged automotive industry, business, car wash, Driven Brands Leave a comment
Driven Brands Reports $237.5M Revenue from Two Hundred Stores
A national automotive services company has released updated 2024 financial information accounting for its new segment organization. Charlotte, North Carolina-based Driven Brands announced it was re-dividing its segments during a Feb. 25 investor call. The Auto Glass Now (AGN) and … Continue reading
Driven Brands Appoints New CEO, Reports 2024 Net Loss
Along with its 2024 financial results, Driven Brands announced the transition to a new president and chief executive officer (CEO) during an investor call on the morning of Feb. 25. Charlotte, North Carolina-based company reported revenue of approximately $2.34 billion … Continue reading
GSA Capital Partners LLP Acquires 48,858 Shares of Driven Brands Holdings Inc.
GSA Capital Partners LLP bought a new position in shares of Driven Brands Holdings Inc. during the third quarter, according to its most recent filing with the SEC. The fund bought 48,858 shares of the company’s stock, valued at approximately … Continue reading
Posted in glassBYTEs Headlines Tagged company shares, Driven Brands, financials, shares sold 1 Comment
Glass Has Room to Grow for Driven Brands
Driven Brands executives expressed satisfaction with the whole company’s third quarter 2024 financials in a recent investors call, though they said its Auto Glass Now (AGN) brand continued to be more of a “long-term investment” with a couple of notable … Continue reading
Education Abounds on the Opening Day of Auto Glass Week™ 2024
Auto Glass Week™ 2024 has commenced, and the show floor is bustling with visitors and sponsors alike. Before the floor opened on the afternoon of September 19, attendees had the chance to learn more about the industry at six educational … Continue reading
Posted in glassBYTEs Headlines, glassBYTEs Original Story Tagged Advanced Driver Assistance Systems (ADAS), Auto Glass Now, Auto Glass Safety Council (AGSC), auto glass technology, Auto Glass Week™ 2024, Deb Levy, Driven Brands, Driven Claims, educational sessions, gary vaynerchuk, Jacques Navant, Jeff Koester, Key Media & Research, Linda Rollinson, Michael Macaluso, Peter Brown, Pilkington, president, Repair of Laminated Auto Glass Standard (ROLAGS) 2 Committee, Seth Maiman, show floor, social media marketing, third-party administrator (TPA), Troy Mason, VaynerMedia, “The Glass-Collision Interface” Leave a comment
PGW Purchases Distributor from Driven Brands
A major Canadian auto glass distributor has changed hands. Pennsylvania-based PGW Auto Glass acquired PH Vitres d’Autos from North Carolina-based Driven Brands. According to PGW officials, PH Vitres d’Autos is based in Sainte-Perpetue, Quebec, and it has 22 locations across … Continue reading
Posted in glassBYTEs Original Story Tagged acquisition, Driven Brands, PGW Auto Glass, PH Vitres d'Autos Leave a comment
Driven Brands Details Q2 Results and Debuts New CFO
In its quarterly financial report, Auto Glass Now’s parent company, Driven Brands, announced slight financial growth for the second quarter of 2024 when compared to the same quarter last year. The company also announced a new chief financial officer (CFO) … Continue reading
Auto Glass Week™ 2024 Gains Driven Claims as Cobalt Sponsor
Auto Glass Week™ 2024 has a new Cobalt sponsor in Driven Claims. Driven Claims is the latest venture of Charlotte, North Carolina-based automotive services company Driven Brands. Driven Claims is a third-party administrator launched early summer 2024. To attend Auto … Continue reading
Posted in glassBYTEs Original Story Tagged 2024 Auto Glass Week, AGW 2024, Cobalt Sponsor, Driven Brands, Driven Claims Leave a comment
New TPA On The Block: Major Auto Services Company Launches New Venture
There’s a new third-party administrator (TPA) in the arena, and its name is Driven Claims. According to Michael Macaluso, Driven Brands’ executive vice president of Paint, Collision, and Glass (PC&G), the company has been in this realm since 2019 with … Continue reading
Posted in glassBYTEs Original Story Tagged City Auto Glass, Driven Brands, Quackt Glass, third-party administrator, TPA, TPAs 3 Comments
Michael Macaluso Says He Is Only Looking Forward
Auto Glass Now (AGN) has a new captain at its helm. After Nick Ouimet resigned as president of the Charlotte, North Carolina-based company, Michael Macaluso took over his responsibilities. Macaluso is the executive vice president of the Paint, Collision and … Continue reading
Posted in glassBYTEs Original Story Tagged Auto Glass Now (AGN), Driven Brands, Michael Macaluso, president Leave a comment
President of Major Auto Glass Brand Resigns
The president of Auto Glass Now (AGN) has resigned, sparking a shakeup in the company’s leadership. Nick Ouimet’s last day with the Charlotte, North Carolina-based auto glass brand was Friday, May 17. He had been with AGN (owned by Driven … Continue reading
200 Down, More to Come: Combo Glass, Collision Brand Hits Milestone
On May 3, Fix Auto USA celebrated the opening of its 200th location in Palm Desert, California. Fix Auto USA is an automotive collision and glass repair brand headquartered in San Diego. The company is a franchise of independently owned … Continue reading
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Focused on Growth: Driven Brands Announces 2024 Q1 Financial Results
Driven Brands announced a revenue of $572 million in its May 2 financial report for the first quarter of 2024. The Charlotte, North Carolina-based automotive services brand also presented its Q1 financial information to investors on a live-streamed call. Driven … Continue reading
Posted in glassBYTEs Original Story Tagged Auto Glass Now (AGN), Driven Brands, Q1, Q1 finacials Leave a comment
Made You Look: Auto Glass Now Launches New Marketing Campaign
Auto Glass Now (AGN) has launched a new marketing campaign designed to grab customers’ attention while representing the company’s spirit. The subsidiary of Driven Brands, based out of Charlotte, North Carolina, released a series of short, humorous commercials and corresponding … Continue reading
Driven Brands Reports Significant Financial Growth During 2023 Fiscal Year
In a February 22 conference call meeting, Auto Glass Now’s parent company Driven Brands reported solid financial growth for its 2023 fiscal year and fourth quarter. Driven Brands is based in Charlotte, North Carolina. It is the parent company of … Continue reading
Driven Brands’s Eyes Bigger than Its Belly
It seems Driven Brand Holdings Inc.’s appetite for rapid growth, particularly in its auto glass segment, created a bad case of heartburn for a group of investors. They launched a class-action lawsuit against the Charlotte, N.C.-based company on December 22. … Continue reading
Driven Brands Taps Harmon for Board of Directors
Driven Brands Holdings elected Damien Harmon to its Board of Directors, effective January 1, 2024. He will also serve as a member of the Compensation Committee. Company CEO and president Jonathan Fitzpatrick says Harmon’s “deep experience in competitive and evolving … Continue reading
Hackers Target K&K Glass (Auto Glass Now)
K&K Glass (Auto Glass Now), on November 21, reported a data breach where an unauthorized party accessed the company’s IT network. The hack exposed sensitive consumer information, including names, Social Security numbers, driver’s license numbers, passport numbers, addresses, telephone numbers, … Continue reading
Driven Brands Holdings Reports Third Quarter Results
Driven Brands on November 1 reported third quarter revenue of $581 million for the quarter ending September 30, an increase of 12% from the previous year. System-wide sales totaled $1.6 billion, up 10% from the prior year and driven by … Continue reading
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Driven Brands Being Investigated by 3 Law Firms After Stock Plunges
Three law firms have begun investigating potential securities fraud claims on behalf of Driven Brands shareholders following the company’s stock hitting an all-time low last week. Shares of Driven Brands (NASDAQ: DRVN), based in Charlotte, N.C., closed at $25.83 on … Continue reading
Driven Brands Outlines Key Initiatives for Glass Business in Canada
Driven Brands held its inaugural Canadian joint conference this week, inviting its franchise partners from Carstar and Driven Glass as well as corporate staff and vendors to convene at Montreal’s Fairmont The Queen Elizabeth for the three-day event. On Wednesday, … Continue reading
Driven Brands ‘Couldn’t be More Excited’ About US Glass Potential
Driven Brands, which owns Auto Glass Now, is reporting strong figures for its paint, collision and glass segment with the release of 2023 first-quarter highlights. According to the report, paint, collision and glass showed the most growth for the company … Continue reading
Posted in glassBYTEs Original Story Tagged Auto Glass Now, Driven Brands, Gary Ferrera, Jonathan Fitzpatrick Leave a comment
Driven Brands Reports ‘Record Results’ for 2022
Driven Brands, which owns Auto Glass Now, recently announced its 2022 fiscal data, claiming “record results” for the year alongside the company’s seventh consecutive quarter of double-digit, same-store sales growth. The company says same-store sales and net-store growth were the … Continue reading
Driven Brands Appoints Danny Rivera to Chief Operating Officer Role
Driven Brands Holdings Inc., recently announced the appointment of Danny Rivera to the newly-created role of chief operating officer effective February 20, 2023, reporting to CEO Jonathan Fitzpatrick. “Danny has been a trusted and invaluable partner over the past decade … Continue reading
Posted in glassBYTEs Headlines Tagged Danny Rivera, Driven Brands, Jonathan Fitzpatrick Leave a comment
Driven Brands to Continue 2022 Expansion of Paint, Collision and Glass Segment
In reporting its financial results for the third quarter of 2022, Driven Brands Holdings Inc., says it aims to open more than 30 additional stores in the paint, collision and glass segment before the end of the year. Driven Brands … Continue reading
Driven Brands Acquires Auto Glass Fitters
Driven Brands Holdings Inc. has announced the acquisition of Auto Glass Fitters, writing in a news release that the development makes it the “second largest player in the U.S. auto glass repair, replacement, and calibration category.” Driven Brands entered the … Continue reading
Driven Brands Reports Revenue Increase, Net Loss for Q2
Driven Brands Holdings Inc. has announced its second-quarter financial results, with president and CEO Jonathan Fitzpatrick reporting a 36% revenue increase over 2021 alongside a net loss for the quarter. The company’s new glass sector grew throughout the first two … Continue reading
Driven Brands Acquires Tennessee’s Jack Morris Auto Glass
Driven Brands, a North American automotive services company, announced the expansion of its auto glass offering in the U.S. with the acquisition of Tennessee-based Jack Morris Auto Glass. Family-owned and operated since 1951, Jack Morris Auto Glass grew from one … Continue reading
Posted in glassBYTEs Headlines Tagged AGRR magazine, Driven Brands, Jack Morris Auto Glass, Tennessee Leave a comment
Jose Tomás Elected to Driven Brands’ Board of Directors
Driven Brands Holdings has announced the election of Jose Tomás of TelevisaUnivision to its board of directors effective Monday, July 11. Driven Brands wrote in a news release that Tomás currently serves as the chief administrative officer for TelevisaUnivision, a … Continue reading
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Driven Brands Acquires Fifth US Auto Glass Brand K&K Glass
Driven Brands Holdings has announced its acquisition of Florida-based K&K Glass. The development marks the fifth U.S. auto glass brand brought under Driven Brands, with former owner of K&K Dan Knowlton saying the acquisition will help the business and its … Continue reading
Posted in glassBYTEs Original Story Tagged Dan Knowlton, Driven Brands, Florida, K&K Glass, Michael Macaluso 2 Comments
Driven Brands Exec Talks Expansion Plans
Driven Brands shot to the number three spot in AGRR magazine’s 2022 list of Top Auto Glass Retailers in the category of companies with $100-$200 million in revenue. In April 2022, the company announced it was acquiring All Star Glass, … Continue reading
Uniban Canada Hosts New Store Training
Uniban Canada hosted a new store orientation training at its technical training center in Hamilton, Ontario. Uniban, part of the Driven Brands family, provides auto glass repair, replacement and Advanced Driver Assistance Systems (ADAS) calibration services. According to a company … Continue reading
Go! Glass Ottawa Earns Best Glass Repair Award
Go! Glass, an automotive glass repair and replacement company part of the Driven Brands family, celebrates winning Ottawa’s best glass repair with FACES Magazine 2022 Ottawa Awards for Go! Glass Ottawa. “Like every other industry, we’ve been affected by the … Continue reading
Auto Glass Repair Co. Raises More Than $18,000 for Breast Cancer Foundation
Docteur du Pare-Brise, an automotive glass repair and replacement company in Quebec, is doing its part in the fight against cancer. The company raised $18,870 for the Quebec Breast Cancer Foundation (QBCF) to support its My Active HealthTM program. The … Continue reading
Driven Brands Acquires Auto Glass Now, Expands US Presence
Automotive services provider Driven Brands Holdings Inc. has acquired auto glass repair firm Auto Glass Now for $170 million, thus expanding its presence in the U.S. Click here to read more.
Driven Brands Acquires Auto Glass Now for $170 Million
Driven Brands Holdings Inc., headquartered in Charlotte, N.C., acquired Auto Glass Now’s more than 75 company-operated locations in the U.S. on Dec. 30. Auto Glass Now joins Driven Brands with more than 20 years of auto glass repair, replacement and … Continue reading
UniglassPlus and VitroPlus Fighting Hunger in Schools through Windshield Program
UniglassPlus and VitroPlus, well-known Canadian automotive glass repair and replacement companies and part of the Driven Brands family of automotive aftermarket franchise brands, have partnered with Breakfast Club of Canada to bring meals to those in need. Until April 30, … Continue reading
Driven Brands Acquires the Clairus Group
Driven Brands announced its acquisition of the Quebec-based Clairus Group (Clairus). According to the company, the move adds 240 physical service locations, over 330 mobile locations, 22 distribution centers, and a claims management platform to the Driven Brands portfolio. Clairus … Continue reading
Driven Brands Announces ABRA Franchise Acquisition
Driven Brands recently announced its acquisition of ABRA Automotive Systems LP, the franchising subsidiary of ABRA Auto Body Repair of America (ABRA). According to the company, the move adds 55 franchised collision repair facilities to Driven Brands’ collision portfolio. The … Continue reading