- Driven Brands Holdings Inc (NASDAQ:DRVN) disclosed the appointment of Gary W. Ferrera as the new CFO and Executive Vice President, effective May 10, 2023.
- Gary W. Ferrera, who will succeed Tiffany Mason, joins Driven Brands from Skillsoft Corp. (NYSE:SKIL), where he served as the CFO.
- Outlook: Driven Brands reaffirmed the 2023 guidance for revenue of around $2.35 billion (vs. consensus: $2.37 billion), adjusted EBITDA of around $590 million, and adjusted EPS of about $1.21 (vs. consensus of $1.23).
- Last week, Driven Brands reported Q1 2023 revenues of $562.5 million (+20% Y/Y), beating the consensus of $557.6 million, and adjusted EPS of $0.25 exceeded the analyst expectations of $0.23.
- Price Action: DRVN shares are trading higher by 0.51% at $28.34 on the last check Monday.
Wedbush Maintains Outperform on Tesla, Raises Price Target to $200
Wedbush analyst Daniel Ives maintains Tesla (NASDAQ:TSLA) with a Outperform and raises the price target from $175 to $200.
