Driven Brands (DRVN) Q1 FY26 earnings call

A resilient auto-aftermarket quarter carried by Take 5's continued momentum and steady franchise cash generation, even as management flags rising churn among newer and lower-income consumers rather than any change in oil-change intervals. The forward stance is disciplined: hit the leverage milestone before framing a capital-allocation plan, absorb nonrecurring restatement drag without adding it back, and deploy surgical promotion instead of a broad pricing reset.