Valvoline

Valvoline, Inc. engages in the production, marketing, and supply of engine and automotive maintenance products and services. It operates through the Retail Services segment. The Retail Services segment services the passenger car and light truck quick lube market in the US and Canada with preventive maintenance services done through company operated and independent franchise care stores. The company was founded by John Ellis in 1866 and is headquartered in Lexington, KY.

Earnings data Q2 2021

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Earnings data Q1 2025

Valvoline reports strong Q1 growth and strategic initiatives for 2023

Valvoline's Q1 performance showcased strong top-line growth and a commitment to enhancing shareholder value through strategic initiatives.
While facing challenges like seasonality and margin factors, the company remains confident in its long-term goals and growth strategies.
Opportunities for accelerated unit growth, deal closure, and exciting prospects ahead position Valvoline for a promising future.

Valvoline posts strong Q2 results, eyes growth amid operational changes

Valvoline's Q2 performance reflects robust growth and operational improvements, supported by the sale of the Global Products business.
The company's focus on new store openings and returning proceeds to shareholders positions it for sustained growth.
Challenges lie in maintaining growth momentum, executing strategic initiatives, and managing operational transitions effectively.
Valvoline's strong financial position and market presence offer opportunities for strategic investments and enhanced shareholder value.

Valvoline reports robust Q3 earnings amidst franchise challenges and transitions

Valvoline's Q3 2023 earnings call highlighted strong financial performance, leadership transitions, and challenges faced by franchisees. Despite market hurdles, the company remains focused on profitability, growth, and supporting its network for long-term success. Strategic initiatives and a resilient outlook position Valvoline for continued growth and market resilience.

Valvoline reports robust Q4 earnings, eyes service expansion opportunities

Valvoline's Q4 2023 Earnings Call showcased strong financial performance, a successful transformation into a pure play retail business, and a strategic focus on long-term value creation.
The company's Retail Services platform demonstrated impressive growth, while efforts to optimize marketing spend and enhance non-oil change services highlight operational excellence.
Challenges in managing expenses and interest rates exist, but Valvoline has opportunities to expand services, increase fleet business penetration, and optimize marketing efforts.

Valvoline reports robust Q1 performance, eyes growth through premiumization

Valvoline's Q1 2024 performance reflects strong sales growth, improved profitability, and strategic focus on shareholder value. The company faces challenges in managing day mix pressure and balancing growth investments with financial stability.
Opportunities lie in driving transaction growth through network expansion, marketing optimization, and leveraging premiumization strategies. Valvoline's commitment to operational efficiency and returning cash to shareholders positions it for sustained growth.
Overall, Valvoline's performance highlights a resilient business model, proactive growth strategies, and a focus on enhancing customer value. Addressing challenges and capitalizing on opportunities will be key to sustaining momentum and driving future success.

Valvoline reports strong Q2 earnings, eyes service expansion opportunities

Valvoline's Q2 2024 performance showcased robust financial growth, operational efficiency improvements, and strategic store network expansion.
While facing challenges with ERP system implementation and battery offering complexities, the company's strengths in service penetration, store format optimization, and customer retention strategies position it well for future growth.
Opportunities lie in further service expansion, operational enhancements, and strategic partnerships to drive continued success and profitability in the evolving automotive services market.

Valvoline reports robust Q3 performance amidst revenue growth challenges

Valvoline's Q3 performance reflects strong growth in sales, EBITDA, and store network expansion, driven by strategic initiatives.
While challenges in revenue growth and profitability exist, opportunities in service expansion and marketing optimization offer avenues for future growth.
Efficient cost management and a focus on customer service position Valvoline for sustained success in a competitive market landscape.
Overall, Valvoline's Q3 results demonstrate a balanced approach to growth, profitability, and operational excellence.

Valvoline reports robust growth in FY 2024, eyes expansion opportunities

Valvoline's strong FY 2024 performance and strategic priorities position it for continued growth.
While challenges like tariffs and rising costs exist, the company's focus on efficiency and growth initiatives is commendable.
Opportunities in new markets and customer expansion offer avenues for revenue growth.
Overall, Valvoline's focus on operational excellence and customer loyalty underpins its financial success.

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VVV's fiscal fourth-quarter earnings and sales top estimates on higher system-wide same-store sales.

Valvoline's Earnings and Revenues Surpass Estimates in Q4, Up Y/Y

Valvoline Inc. (NYSE:VVV ) Q4 2024 Earnings Conference Call November 19, 2024 9:00 AM ET Company Participants Elizabeth Clevinger - IR Lori Flees - President and CEO Mary Meixelsperger - CFO Conference Call Participants David Bellinger - Mizuho Steven Vangeli - Citi Lauren Ng - Morgan Stanley Justin Kleber - Baird Mike Harrison - Seaport Global Securities Thomas Wendler - Stephens Peter Keith - Piper Sandler Bret Jordan - Jefferies David Lantz - Wells Fargo Steve Shemesh - RBC Capital Markets Operator Hello everyone and welcome to Valvoline's Fourth Quarter Fiscal 2024 Conference Call and Webcast. My name is Lydia, and I'll be your operator today.

Valvoline Inc. (VVV) Q4 2024 Earnings Call Transcript

The headline numbers for Valvoline (VVV) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Valvoline (VVV) Q4 Earnings: A Look at Key Metrics

FEP to Acquire 38 Valvoline Company-Owned Stores in Austin, San Antonio, El Paso and West Texas Markets NEW YORK , Nov. 19, 2024 /PRNewswire/ -- Franchise Equity Partners (FEP), a private investment firm on a mission to create long-term partnerships with quality franchisees and franchisors, today announced a strategic partnership with Valvoline Inc., the trusted leader in preventive automotive maintenance. As part of the agreement, FEP will acquire 38 of Valvoline's company-owned stores in West Texas, including markets in Austin, San Antonio, El Paso, and surrounding regions.

Franchise Equity Partners Forms Strategic Partnership with Valvoline to Accelerate Growth in Texas

Valvoline (VVV) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.39 per share a year ago.

Valvoline (VVV) Tops Q4 Earnings and Revenue Estimates

Sales of $1.6 billion and system-wide store sales of $3.1 billion each growing 12%, delivering 18th fiscal year of system-wide SSS growth Fiscal year highlights Sales from continuing operations of $1.6 billion grew 12%, driven by system-wide same-store sales (SSS) growth of 6.7% Store count increased nearly 9% YoY, bringing system-wide total to 2,010 Reported income from continuing operations of $215 million grew 8% and earnings per diluted share (EPS) of $1.63 increased 33% Continuing operations adjusted EBITDA of $443 million increased 17% while adjusted EBITDA margin improved 100 bps to 27.3%, adjusted EPS of $1.57 increased 33% Returned $227 million in cash to shareholders via share repurchases Fourth quarter summary Sales from continuing operations of $436 million grew 12%, driven by system-wide SSS growth of 5.4%, including the impact from the Crowdstrike outage and hurricanes that occurred during the quarter Reported income from continuing operations of $89 million grew 19% and EPS of $0.68 increased 26% Continuing operations adjusted EBITDA of $124 million increased 14% and adjusted EPS of $0.46 increased 18% Store additions in the quarter totaled 49 (13 franchised and 36 company-operated gross additions) Refranchised a total of 28 stores and converted 5 franchise stores to company during the quarter Subsequent to the end of the quarter, definitive agreement signed to refranchise an additional 38 stores; transaction expected to close during Q1 of FY25 Returned $15 million to shareholders via share repurchases LEXINGTON, Ky., Nov. 19, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today reported financial results for its fourth quarter and fiscal year ended September 30, 2024.

Valvoline Inc. Reports Fourth Quarter and Fiscal Year 2024 Results

LEXINGTON, Ky. , Nov. 19, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, announces it intends to refranchise 38 existing Valvoline Instant Oil ChangeSM service centers to a new franchisee, Velocity Auto Care.

Valvoline Inc. to Refranchise 38 Company Stores; Welcomes New Franchise Partner Velocity Auto Care

Customers can donate at participating Valvoline Instant Oil Change or Great Canadian Oil Change locations through November 30. LEXINGTON, Ky.

On Nov. 1, Valvoline Inc. Kicks Off 15 Years of Supporting Children's Miracle Network Hospitals®

LEXINGTON, Ky. , Oct. 28, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that it plans to report financial results for its fiscal fourth quarter on November 19, 2024.

Valvoline Inc. to Report Financial Results for Fourth Quarter 2024 and Host Webcast on November 19

LEXINGTON, Ky. , Oct. 21, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that Valvoline Instant Oil Change℠ ranks 40th in the Franchise Times Top 400.

Valvoline Instant Oil Change Ranks 40th in Franchise Times Top 400

LEXINGTON, Ky. , Oct. 18, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance announces the planned retirement of its Chief Financial Officer Mary Meixelsperger.

Valvoline Inc. Announces Chief Financial Officer Retirement and Transition Plan

This new location broadens VVV's network of service centers across the United States and Canada to 3,500.

Valvoline Reaches Milestone of Opening its 2,000th Location

The company continues its accelerated growth toward goal of 3,500 service centers LEXINGTON, Ky. , Oct. 3, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, announces that in September it opened its 2,000th location under the Valvoline Instant Oil ChangeSM and Great Canadian Oil Change brands.

Valvoline Inc. Achieves Milestone of Opening its 2,000th Location

LEXINGTON, Ky. , Oct. 1, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that Valvoline Great Canadian Oil Change ranks highest among aftermarket service facilities in J.D.

Valvoline Great Canadian Oil Change Ranks Highest Among Aftermarket Service Facilities in J.D. Power Survey

LEXINGTON, Ky. , Aug. 27, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that the company will be participating in a fireside chat at the Piper Sandler Growth Frontiers Conference on Tuesday, September 10, at 4 p.m.

Valvoline Inc. to participate in Piper Sandler Growth Frontiers Conference

LEXINGTON, Ky. , Aug. 21, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that the company will be participating in a fireside chat at Goldman Sachs' 31st Annual Global Retailing Conference on Thursday, September 5, at 2:35 p.m.

Valvoline Inc. to participate in Goldman Sachs' 31st Annual Global Retailing Conference

Valvoline's (VVV) fiscal third-quarter earnings and sales lag estimates amid higher same-store sales.

Valvoline's (VVV) Earnings and Revenues Lag Estimates in Q3

Valvoline Inc. missed Non-GAAP EPS by $0.02, revenue was $3.75 million under the mark. Despite growth moves, Valvoline faces hurdles with high valuation, rising costs, and a shaky economy. Valvoline's recent financials show strong profits, but future projections indicate potential earnings decline.

Valvoline Q3: Running Strong But Facing Rough Roads Ahead

While the top- and bottom-line numbers for Valvoline (VVV) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Valvoline (VVV) Q3 Earnings: A Look at Key Metrics

Valvoline (VVV) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.43 per share a year ago.

Valvoline (VVV) Q3 Earnings and Revenues Miss Estimates

Delivers 12%   top-line growth, 6.5% system-wide SSS growth, 33 store additions and announces refranchising of 17 stores Sales from continuing operations of $421 million grew 12%, driven by system-wide same store sales (SSS) growth of 6.5% Income from continuing operations of $48 million declined 25%, reflecting a year-over-year reduction in interest income, and earnings per diluted share (EPS) of $0.37 decreased 8%, Continuing operations adjusted EBITDA of $123 million increased 12% and adjusted EPS of $0.45 increased 5% over the prior year, which reflects a year-over-year reduction in interest income Store additions in the quarter totaled 33 (15 franchised and 18 company-operated) bringing total system-wide stores to 1,961 Refranchised 17 stores in July 2024 LEXINGTON, Ky. , Aug. 7, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today reported financial results for its third quarter of fiscal 2024, which ended June 30, 2024.

Valvoline Inc. Reports Third Quarter Results

LEXINGTON, Ky. , July 30, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that its board of directors authorized the Company to repurchase up to $400 million of its common stock.

Valvoline Inc. Announces $400 Million Share Repurchase Authorization

LEXINGTON, Ky. , July 22, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that it plans to report financial results for its fiscal third quarter on August 7, 2024.

Valvoline Inc. to Report Financial Results for Third Quarter 2024 and Host Webcast on August 7

The company leads the automotive preventive maintenance industry by joining  the EPA's Green Power Partnership LEXINGTON, Ky., July 8, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, announced today that it recently joined the U.S. Environmental Protection Agency's Green Power Partnership, recognizing the more than 7 million kilowatt-hours (kWh) of green power the company uses annually.

The U.S. Environmental Protection Agency Recognizes Valvoline Inc. Among Nation's Leading Green Power Users

LEXINGTON, Ky. , June 26, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced the release of its Corporate Social Responsibility report, highlighting its fiscal year 2023 people, safety, environmental, and innovation initiatives.

News for Valvoline Stock (VVV)