CARSTAR marks mid-year with record store growth, highest sales in system history
Chicago—During the 2017 NACE Automechanika Show in Chicago, the CARSTAR North America leadership team shared performance highlights for the first half of 2017, along with its outlook for the remainder of the year. After a record year of growth and operational performance in 2016, CARSTAR is continuing that positive trend through the first half of 2017, posting a more than 40 percent increase in sales for the first six months versus 2016.
“As CARSTAR North America has operated as one network across the U.S. and Canada this year, we are seeing the positive impact on our performance in both countries,” said Michael Macaluso, president, CARSTAR North America. “We have been able to fully integrate our operations, adopt best practices from each and leverage the resources and operational expertise of Driven Brands to create a platform for growth in the coming years.”
Key CARSTAR North America milestones in the first half of 2017 include:
• Record revenue across the North American network, which again made CARSTAR the largest MSO in North America
• Continuous growth in same center sales for the last 54 months and improved franchise profitability across the system
• CARSTAR North America on track to open 100 new locations in 2017
• Implementation of Driven Brands’ procurement programs with Meineke Car Care Centers for mechanical repairs and 1-800 Radiator and A/C for product sourcing.