Driven Brands plans to restate its accounts and cut its 2026 adjusted profit-per-share forecast to $1.10–$1.20, versus a $1.20 estimate. BTIG and Barclays both lowered their ratings; the forecast's top only matches the estimate, so the setbacks outweigh that limited reassurance.
A planned restatement makes past company numbers less certain, and the lower forecast points to less adjusted profit than expected. The forecast's top matches the estimate, but its bottom falls below it. BTIG and Barclays both lowered their ratings, reinforcing the concerns.
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