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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2024

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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Announces $1.6 Billion Share Repurchase Authorization; Sale of Global Products Expected to Close in Early Calendar Year 2023 Full-year highlights Reported net income of $424.3 million grew 1% and earnings per diluted share (EPS) of $2.35 grew 3% Adjusted EPS of $2.12 improved 9% and adjusted EBITDA of $674.6 million increased 7% Continuing operations net revenues of $1.2 billion increased 19%, reported net income of $109.4 million decreased 45% and adjusted EBITDA of $315.7 million increased 14% Continuing operations results reflect supply agreement markup, agency accounting treatment and indirect expense realignment System-wide same-store sales (SSS) increased 13.7% -- the 16th consecutive year of SSS growth -- and net system-wide unit additions increased 8% Returned $231.8 million in cash to shareholders via share repurchases and dividends Provides fiscal 2023 guidance for continuing operations adjusted EBITDA of $370 million - $390 million Fourth-quarter summary Reported net income of $157.7 million declined 7% and EPS of $0.88 decreased 4% Adjusted EPS of $0.59 improved 20% and adjusted EBITDA of $181.6 million increased 18% Continuing operations sales of $335.4 million increased 14%, reported net income of $12.4 million decreased 90% and adjusted EBITDA of $87.5 million increased 11% System-wide SSS increased 9.2% and net system-wide unit additions increased 1% during the quarter Returned $61.2 million in cash to shareholders via dividends and share repurchases LEXINGTON, Ky. , Nov. 15, 2022 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), a trusted leader in preventive automotive maintenance delivering quick and convenient service, today reported financial results for its fourth fiscal quarter and fiscal year ended September 30, 2022.

Valvoline Reports Fourth-Quarter and Fiscal Year 2022 Results

LEXINGTON, Ky. , Nov. 2, 2022 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), a trusted leader in preventive automotive maintenance delivering quick and convenient service, today announced that it plans to report financial results for its fiscal fourth quarter on November 15, 2022.

Valvoline to Report Financial Results for Fourth Quarter 2022 and Host Webcast on November 15

Valvoline is selling its lubricant business. The transaction will bring focus and excess cash to the business.

Valvoline Sale May Unlock Value In 2 Ways

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The original motor oil brand continues to push its products above and beyond industry standards. LEXINGTON, Ky.

In side-by-side tests, Valvoline full synthetic motor oil offers 24X stronger protection vs. the industry-leading full synthetic

Aramco has agreed to purchase Valvoline's global products business for $2.65 billion cash. The deal is expected to close by year-end or early 2023.

Unlocking Value: Valvoline's Sale Of Its Global Products Business

LEXINGTON, Ky. , Aug. 24, 2022 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), a global leader in vehicle care powering the future of mobility through innovative services and products, will present at the Goldman Sachs 29th Annual Global Retailing Conference in New York on Wednesday, Sept.

Valvoline to Present at Goldman Sachs Global Retailing Conference on Sept. 7

Valvoline, Inc. (NYSE:VVV ) Q3 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Sean Cornett - Senior Director, IR & Assistant Treasurer Samuel Mitchell - CEO & Director Mary Meixelsperger - CFO Conference Call Participants Michael Harrison - Seaport Research Partners Michael Kessler - Morgan Stanley Jason English - Goldman Sachs Group Operator Thank you for standing by, and welcome to Valvoline's Third Quarter 2022 Earnings Conference Call and Webcast. My name is Sam, and I will be your moderator for today's call.

Valvoline, Inc. (VVV) CEO Samuel Mitchell on Q3 2022 Results - Earnings Call Transcript

Valvoline (VVV) delivered earnings and revenue surprises of 0% and 0.95%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Valvoline (VVV) Meets Q3 Earnings Estimates

Recently Announced Agreement for Sale of Global Products for $2.65 Billion in Cash Reported net income of $99 million grew 2% and earnings per diluted share (EPS) of $0.55 increased 4% Adjusted EPS of $0.58 improved 5% and adjusted EBITDA of $180 million increased 4% Sales grew 21% to $957 million driven by strong demand and pricing actions Retail Services sales grew 16% with system-wide same-store sales (SSS) increasing 9.9% and net system-wide unit additions of 8% Global Products sales increased 24% primarily driven by volume growth of 9% and pricing actions Returned $60 million in cash to shareholders via dividends and share repurchases Updates full-year guidance range for adjusted EBITDA to $670 to $680 million and adjusted EPS to $2.07 to $2.15 Recently announced agreement for sale of the Global Products business to Aramco for $2.65 billion in cash LEXINGTON, Ky. , Aug. 3, 2022 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), a global leader in vehicle care powering the future of mobility through innovative services and products, today reported financial results for its third fiscal quarter ended June 30, 2022.

Valvoline Reports Third-Quarter Results

Changing the oil in a car has become routine for automobile owners since the invention of the internal combustion engine. That recurring revenue stream makes a company like Valvoline Inc. ( VVV , Financial) a potentially good long-term investment.

Valvoline: Iconic Oil Change Company Is Poised for Growth

Valvoline, the second largest operator of oil change and auto service locations in the U.S., said Monday (Aug 1) that it sold its global lubricants business in order to become a pure-play retailer focused on faster growth and expansion opportunities at a time when consumers are fixing-up their aging cars and trucks.

Valvoline Moves to Be Pure-Play Retailer as Consumer Demand for Auto Service Rises

The company will invest the majority of the after-tax cash in the retail business and use it to reduce debt and accelerate share repurchases.

Valvoline Sells Lubricants Business to Aramco for $2.65 Billion

(Reuters) -Valvoline Inc is selling its unit that makes lubricants, coolants and other automotive products to state-owned Saudi Aramco for $2.65 billion in cash to sharpen focus on its retail services business.

Valvoline fuels retail drive with $2.65 billion lubricants unit sale to Saudi Aramco

Valvoline Inc. VVV, +1.19% , a provider of automotive oil, additives, and lubricant, said Monday it has reached an agreement with Aramco to sell its global products business for $2.65 billion in cash. Once the deal closes, Lexington, Ky.

Valvoline to sell Global Products business to Aramco for $2.65 billion in cash

Reports Preliminary Financial Results for Fiscal Third Quarter 2022 Transaction will successfully complete separation of Global Products and Retail Services businesses transforming Valvoline into a pure-play automotive service provider with targeted 20%+ earnings per share (EPS) growth Valvoline to capitalize on highly compelling growth opportunities, while accelerating Retail Services evolution as hybrid and electric vehicle (EV) population grows Valvoline expects to use estimated $2.25 billion in net cash proceeds from Global Products sale to accelerate return of capital to shareholders, reduce debt and invest in Retail Services business Preliminary revenue for fiscal Q3 2022 of $957 million, reported diluted EPS of $0.55 and adjusted EPS of $0.58 Valvoline to host conference call at 9 am ET today LEXINGTON, Ky. , Aug. 1, 2022 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), a global leader in vehicle care powering the future of mobility through innovative services and products, today announced that it has reached a definitive agreement with Aramco for the sale of Valvoline's Global Products business for $2.65 billion in cash.

Valvoline Announces Agreement for Sale of Global Products Business for $2.65 Billion in Cash

LEXINGTON, Ky. , July 21, 2022 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), a global leader in vehicle care powering the future of mobility through innovative services and products, today announced that it plans to report financial results for its fiscal third quarter after market close on August 3, 2022, and host a live audio webcast with analysts and investors at 9 a.m.

Valvoline to Report Financial Results for Third Quarter 2022 on August 3 and Host Webcast on August 4

Price increases and strong demand for Valvoline's products and services drove revenue growth for the company in fiscal 2Q22. Valvoline's retail presence drives strong same-store sales. The company's same-store sales have grown year-over-year in 15 consecutive years.

Valvoline's Transition Story Is A Growth Story

LEXINGTON, Ky. , June 16, 2022 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), a global leader in vehicle care powering the future of mobility through innovative services and products, announced today that it has opened its first Company-owned heavy-duty fleet service center.

Valvoline Expands Service Strategy to Include Heavy-Duty Vehicles

Saudi Aramco is reportedly interested in Valvoline's Global Products business. A separation event, even at a relatively conservative transaction multiple, creates compelling optionality for shareholders.

Valvoline: Potential Separation Event Highlights Underlying Value

MISSISSAUGA, ON , June 2, 2022 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), a global leader in vehicle care powering the future of mobility through innovative services and products, announced today a multi-year sponsorship agreement between Valvoline Canada and Honda Indy Toronto. The 2022 event is scheduled to take place July 15-17 at Exhibition Place, along the shores of Lake Ontario.

Valvoline Announces Multi-Year Sponsorship Agreement with Honda Indy Toronto

The stock price of Valvoline Inc (NYSE: VVV) increased by 12.42% in the most recent trading session. This is why.

Valvoline (VVV) Stock Price: Why It Went Up 12.42%

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A wealthy company abroad apparently wants to buy the motor oil manufacturer's retail operations.

Why Valvoline Stock Raced 12% Higher on Wednesday

Valvoline Inc. VVV, +17.26% rallied 16% in midday trades on Wednesday after the company's shares were briefly halted due to volatility. The motor oil company has been approached about a potential acquisition by Aramco, the state run oil company of Saudi Arabia, The Wall Street Journal reported, citing sources familiar with the situation.

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