Driven Brands Holdings Inc. (DRVN)
CIK 1804745 · EDGAR correspondence
| Date | Company | Type | Outcome | Issues |
|---|---|---|---|---|
| 2026-02-04 | Driven Brands Holdings Inc. (DRVN) | SEC staff letter | Review completed (no further comments) | |
| 2026-01-05 | Driven Brands Holdings Inc. (DRVN) | Company response | Explained / pushed back | |
| 2025-12-16 | Driven Brands Holdings Inc. (DRVN) | Company response | Responded | |
| 2025-12-11 | Driven Brands Holdings Inc. (DRVN) | SEC staff letter | 2 staff comment(s) issued |
Comments & responses
2025-12-11 · Form 10-K for Fiscal Year Ended December 28, 2024 Form 10-Q for Fiscal Quarter Ended September 27, 2025 · Comment 1 · Basis of Presentation, page 10 Explained / pushed back
Staff comment: Please provide an analysis, both qualitative and quantitative, to support your assertion that the adjustments you recorded during the quarter ended September 27, 2025 were not material to any current or prior period financial statements. In doing so, also describe the nature and amounts of each error being corrected and consider the impact of the errors individually and in the aggregate on each quarterly period. Refer to SAB Topics 1.M and 1.N. Please provide us with a detailed discussion of why adjustments for items that originated in prior periods appear to be occurring on a regular basis, the earliest period of adjustments being fiscal year 2020 as noted in our comment letter dated… letter →
Company response: We acknowledge the Staff’s request for our analysis related to the materiality of our adjustments recorded during the quarterly period ended September 27, 2025 (“Q3 2025”), and reflected in our Form 10-Q (“Q3 2025 10-Q”). In conducting our analysis, we followed the requirements under Accounting Standards Codification Topic 250, Accounting Changes and Error Corrections (“ASC Topic 250”), including paragraph 250-10-45-27, with regards to determining materiality for the purpose of reporting the correction of an error for both the interim and annual periods presented. Further, in connection with the filing of the Q3 2025 10-Q, we conducted a quantitative and qualitative assessment of the errors… response letter →
2025-12-11 · Form 10-K for Fiscal Year Ended December 28, 2024 Form 10-Q for Fiscal Quarter Ended September 27, 2025 · Comment 2 · Basis of Presentation, page 70 Explained / pushed back
Staff comment: Please provide an analysis, both qualitative and quantitative, to support your assertion that the adjustments you recorded during the year ended December 31, 2024 were not material to any current or prior period financial statements. In doing so, also describe the nature and amounts of each error being corrected and consider the impact of the errors individually and in the aggregate on each quarterly and annual period. Refer to SAB Topics 1.M and 1.N. letter →
Company response: We acknowledge the Staff’s request for our analysis related to the materiality of our adjustments recorded during the year ended December 28, 2024, and reflected in our Form 10-K (“2024 10-K”). In conducting our analysis, we followed the requirements under ASC Topic 250, including paragraph 250-10-45-27, with regards to determining materiality for the purpose of reporting the correction of an error for both the interim and annual periods presented. Further, in connection with the filing of the 2024 10-K, we conducted a quantitative and qualitative assessment of the errors discussed below based on the guidance set forth in SAB 1.M and SAB 1.N, and determined that their effects on the… response letter →
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