Driven Brands Holdings Inc.

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Company Name	Driven Brands Holdings Inc.
Stock Symbol	DRVN

On August 2, 2023, Driven Brands announced disappointing financial results for the second quarter of 2023 and lowered its full year 2023 guidance. The Company claimed that increased competition in the car wash business was to blame. Additionally, Driven Brands disclosed that it is “a few quarters behind” in integrating two auto glass acquisitions.

On this news, Driven Brand’s stock price fell $10.63, or 41.2%, to close at $15.20 per share on August 2, 2023, thereby injuring investors.

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If you suffered a loss on your Driven Brands Holdings Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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