Driven Brands Holdings Inc. reported earnings results for the second quarter and six months ended July 01, 2023. For the second quarter, the company reported sales was USD 456.11 million compared to USD 378.83 million a year ago. Revenue was USD 606.85 million compared to USD 508.62 million a year ago. Net income was USD 37.75 million compared to net loss of USD 57.04 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to basic loss per share from continuing operations of USD 0.34 a year ago. Diluted earnings per share from continuing operations was USD 0.22 compared to diluted loss per share from continuing operations of USD 0.34 a year ago.
For the six months, sales was USD 884.71 million compared to USD 734.31 million a year ago. Revenue was USD 1,169.32 million compared to USD 976.95 million a year ago. Net income was USD 67.5 million compared to net loss of USD 22.6 million a year ago. Basic earnings per share from continuing operations was USD 0.41 compared to basic loss per share from continuing operations of USD 0.14 a year ago. Diluted earnings per share from continuing operations was USD 0.4 compared to diluted loss per share from continuing operations of USD 0.14 a year ago.