07:58 AM EST, 02/25/2025 (MT Newswires) -- Driven Brands ( DRVN ) reported fiscal Q4 adjusted earnings Tuesday of $0.30 per diluted share, up from $0.17 a year earlier.

Analysts polled by FactSet expected $0.18.

Revenue for the quarter ended Dec. 28 was $564.1 million compared with $553.7 million a year earlier.

Analysts surveyed by FactSet expected $572.2 million.

For fiscal 2025, the company said that, excluding US car wash business, it expects adjusted EPS of $1.15 to $1.25 on revenue of $2.05 billion to $2.15 billion.

Separately, the company said it has appointed Chief Operating Officer Daniel Rivera as chief executive and president, effective May 9, succeeding Jonathan Fitzpatrick, who is stepping down from those positions.

The company named Fitzpatrick as nonexecutive board chair, also effective May 9, while Neal Aronson, current chairman, will continue to serve as a director, Driven Brands ( DRVN ) said.

Its shares were down 4.2% in recent premarket activity.