Core Insights - Valvoline reported revenue of $414.3 million for the quarter ended December 2024, marking an 11% increase year-over-year and a surprise of +4.04% over the Zacks Consensus Estimate of $398.2 million [1] - The earnings per share (EPS) for the quarter was $0.32, up from $0.29 in the same quarter last year, with an EPS surprise of +3.23% compared to the consensus estimate of $0.31 [1] Financial Performance Metrics - Same-store sales growth was reported at 8%, exceeding the average estimate of 7.2% from six analysts [4] - System-wide stores included 995 franchised stores, which is below the average estimate of 1,116 based on four analysts [4] - Total system-wide stores reached 2,045, slightly below the average estimate of 2,052 from four analysts [4] - Same-store sales growth for company-operated stores was 8.2%, surpassing the four-analyst average estimate of 7.2% [4] - Same-store sales growth for franchised stores was 7.8%, compared to the estimated 7.6% from four analysts [4] - Company-operated stores totaled 895, which is lower than the estimated 936 by four analysts [4] - Franchised stores opened numbered 19, exceeding the three-analyst average estimate of 17 [4] - Company-operated stores opened were 19, below the estimated 22 from three analysts [4] Stock Performance - Valvoline's shares have returned +5.7% over the past month, outperforming the Zacks S&P 500 composite's +2.1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Core Viewpoint - Valvoline reported quarterly earnings of $0.32 per share, exceeding the Zacks Consensus Estimate of $0.31 per share, and showing an increase from $0.29 per share a year ago, indicating a positive earnings surprise of 3.23% [1] Financial Performance - The company achieved revenues of $414.3 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 4.04% and up from $373.4 million in the same quarter last year [2] - Over the last four quarters, Valvoline has exceeded consensus EPS estimates three times and has also topped consensus revenue estimates three times [2] Stock Performance and Outlook - Valvoline shares have increased by approximately 1.8% since the beginning of the year, while the S&P 500 has gained 3.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] Estimate Revisions - The trend for estimate revisions ahead of the earnings release was unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $0.37 on revenues of $406.38 million, and for the current fiscal year, it is $1.64 on revenues of $1.71 billion [7] Industry Context - The Automotive - Retail and Wholesale - Parts industry, to which Valvoline belongs, is currently ranked in the top 16% of over 250 Zacks industries, suggesting a favorable industry outlook [8]

Financial Performance - Valvoline reported Q1 2025 net revenues of $414.3 million, an 11% increase year-over-year[5] - Income from continuing operations reached $93.9 million, a 177% increase, with diluted earnings per share (EPS) of $0.73, up 181%[5] - Adjusted EBITDA for the quarter was $102.8 million, reflecting a 14% increase, while adjusted EPS rose by 10% to $0.32[6] - Valvoline reported a net income of $91.6 million for the three months ended December 31, 2024, compared to $31.9 million in the same period of 2023, representing a significant increase[19] - Reported diluted earnings per share from continuing operations increased to $0.73, up from $0.26 in the prior year[24] - Adjusted EBITDA from continuing operations was $102.8 million, compared to $90.2 million in the same quarter of 2023, indicating improved operational performance[26] - Valvoline's net profit margin for the quarter was 22.7%, significantly higher than 9.1% in the previous year[26] Sales and Store Growth - System-wide same-store sales (SSS) grew by 8.0%, contributing to a 14% increase in system-wide store sales totaling $820 million[6] - System-wide store sales reached $820.3 million, reflecting a year-over-year growth of 13.5% compared to $722.9 million in 2023[20] - Same-store sales growth for company-operated stores was 8.2%, while franchised stores saw a growth of 7.8%[20] - The total number of system-wide stores increased to 2,045, marking an 8.2% year-over-year growth from 1,890 stores[20] - The company added 35 stores in the quarter, including 14 franchise stores, bringing the total system-wide store count to 2,045[6] - The company opened 15 new company-operated stores during the first quarter of 2025, while 14 franchised stores were opened[22] Cash Flow and Debt - Valvoline's cash and cash equivalents stood at $60 million, with total debt of $1.0 billion[7] - Operating cash flow from continuing operations was $41 million, while free cash flow was negative at ($12) million[7] - Free cash flow from continuing operations was reported at $(12.2) million, a decrease from $(20.4) million in the previous year[29] - Valvoline's operating cash flows from continuing operations were $41.4 million, up from $21.9 million in the same period last year[29] - The company returned $39 million to shareholders through share repurchases, with $346 million remaining under the share repurchase authorization[7] Strategic Goals and Guidance - Valvoline aims to grow its network to over 3,500 stores through new builds, acquisitions, and franchise support[3] - The company remains on track for its full-year guidance following the completion of recent refranchising projects[7] Non-GAAP Measures and Expenses - Management uses non-GAAP measures to exclude unusual, infrequent, or non-operational activities impacting comparability of operational results[35] - Net pension and other postretirement plan expenses are influenced by changes in plan assets and obligations driven by debt and equity markets, reflecting current global market conditions[37] - Legacy and separation-related expenses include costs associated with the separation from Valvoline's former parent company and adjustments to indemnity obligations[38] - Information technology transition costs are incurred for implementing stand-alone enterprise resource planning and human resource information systems, beginning in fiscal 2023[39] - Investment and divestiture-related income includes costs associated with significant acquisitions and divestitures, which are not reflective of ongoing operational performance[40]

Financial Performance - Valvoline Inc. reported net revenues of $414.3 million for Q1 2025, representing an 11% increase year-over-year [4][6][19] - Operating income reached $143.8 million, a significant increase of 129% compared to the previous year [4][6] - Income from continuing operations was $93.9 million, up 177%, with diluted earnings per share (EPS) of $0.73, reflecting an increase of 181% [4][6][19] Store Expansion and Operations - The company added 35 stores in the first quarter, including 14 new franchise stores, bringing the total system-wide store count to 2,045 [2][4][25] - System-wide same-store sales (SSS) grew by 8.0%, with company-operated stores showing an 8.2% increase and franchised stores at 7.8% [4][6][23] - Valvoline aims to expand its network to over 3,500 stores through new builds, acquisitions, and support for franchise partners [2][6] Adjusted Financial Metrics - Adjusted EBITDA for the quarter was $102.8 million, a 14% increase year-over-year, while adjusted EPS was $0.32, up 10% [4][6][29] - System-wide store sales totaled $820.3 million, reflecting a 13.5% year-over-year growth [6][23] - The company reported a net profit margin of 22.7% and an adjusted EBITDA margin of 24.8% [29] Cash Flow and Balance Sheet - Operating cash flow from continuing operations was $41.4 million, while free cash flow was negative at ($12.2) million [15][31] - The company returned $39 million to shareholders through share repurchases, with a remaining authorization of $346 million [15][31] - As of December 31, 2024, Valvoline had cash and cash equivalents of $60 million and total debt of $1.0 billion [15][21]

Core Insights - Valvoline Inc. has announced sponsorship agreements with The Ohio State University Athletics and the University of Tennessee Athletics, highlighting its commitment to excellence in both automotive maintenance and sports [1][2][3] Group 1: Sponsorship Details - The partnership will be showcased during the 2024-25 basketball and hockey seasons, with promotional activities planned for fans [1][2] - Valvoline Instant Oil Change operates 113 service centers in Ohio and 73 in Tennessee, emphasizing its local presence and service capabilities [2][3] Group 2: Company Background - Valvoline Inc. operates over 2,000 service centers across the U.S. and Canada, completing more than 28 million services annually, including quick oil changes and maintenance services [6] - The company employs 11,000 team members focused on business growth and future vehicle planning [6] Group 3: Athletic Program Highlights - The University of Tennessee has a rich athletic history, with 24 team national championships and nearly 200 individual national championships [7] - Ohio State Sports Properties manages the rights relationship for Ohio State Athletics, providing corporate partners with media opportunities [9]

LEXINGTON, Ky., Jan. 22, 2025 /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 first quarter on February 6, 2025. A live audio webcast with analysts and investors will also be held on February 6, 2025 at 9 a.m. ET. The webcast and slide presentation will be available on the company's Investor Relations website at http://investors.valvoline.com. Shortly after the call conc ...

Core Insights - Valvoline Inc. has been recognized as the leading automotive services retailer for the second consecutive year in Entrepreneur's 46th annual Franchise 500®, ranking 24th overall among the top 500 franchise brands for 2025 [1][2] Company Performance - The company operates more than 2,000 franchised and company-operated service centers across the United States and Canada, completing over 28 million services annually [4] - Valvoline aims to increase its annual store openings to 250, targeting a total of more than 3,500 retail locations in the future [2] Franchise Operations - More than half of Valvoline's preventive automotive maintenance service centers are operated by franchisees, highlighting the importance of franchise partnerships in the company's growth strategy [2] - The Entrepreneur Franchise 500® evaluates companies based on cost and fees, size and growth, support, and brand strength, with a minimum of 10 franchise units required for consideration [3]

Company is 18th on Forbes "Best Customer Service 2025" RankingLEXINGTON, Ky., Jan. 6, 2025 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, has been recognized for providing excellent customer service as ranked by Forbes in its "Best Customer Service 2025" list. Valvoline was the top-ranked instant oil change company and placed 18th among the 300 brands included on the list."Every year we serve millions of guests, and our goal is to deliver th ...

As Americans brace for cold temperatures and winter storms, it's important to prepare vehicles for extreme conditions LEXINGTON, Ky., Jan. 3, 2025 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, encourages drivers to prepare their vehicles as a polar vortex descends on much of the United States bringing severe winter weather conditions like freezing temperatures and heavy snowfall. To prepare vehicles for winter driving conditions, the compan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to ___________ Commission file number 001-37884 VALVOLINE INC. Kentucky 30-0939371 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer ...