Driven Brands Holdings Inc. - Common Stock (DRVN)

Looking back on industrial & environmental services stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Cintas (NASDAQ:CTAS) and its peers.

Even during a down period for the markets, Driven Brands has gone against the grain, climbing to $16.60. Its shares have yielded a 17.4% return over the last six months, beating the S&P 500 by 18.4%. This performance may have investors wondering how to approach the situation.

As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the industrial & environmental services industry, including CECO Environmental (NASDAQ:CECO) and its peers.

Driven Brands (NASDAQ: DRVN) reports Q4 results, CEO transition, and sale of US car wash business. Revenues fall short, CEO to step down, and business sold for $385M.

A robust auto sales market bodes well for auto maintenance stocks, which can still flourish in weak auto sales environments. These 2 stocks can thrive in 2025.

Interest rates shouldn't be the main focus, but they can help these businesses that are already doing well.

Driven Brands shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

Driven Brands sells its Canadian distribution business to PGW Auto Glass to cut debt, with minimal impact expected on its 2024 forecast.

There are some great investment opportunities if you're willing to look beyond the household names.

Seven mid-cap stocks that performed well last week: LUMN, SHAK, PSN, CWAN, RGEN, FTDR, and NEO. Check if they're in your portfolio!

This is a rare case where average-net worth individuals can make a better investing decision than the billionaires.

DRVN stock results show that Driven Brands Hldgs beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.

Consumers can expect a net $68 billion tailwind in 2024 from perks such as changes in social security and lower gas prices — a boost to discretionary spending for many that could provide some support for retail stocks.