Valvoline(VVV)

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Valvoline Instant Oil Change Ranks 40th in Franchise Times Top 400
Prnewswire· 2024-10-21 11:30
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. The Franchise Times Top 400 is the most comprehensive ranking of the largest U.S. franchise systems. Its results are determined by global systemwide sales from the previous year and based on a five-month research and reporting process that considers a variety of factors."We ...
Valvoline Reaches Milestone of Opening its 2,000th Location
ZACKS· 2024-10-07 11:16
Valvoline Inc. (VVV) recently announced that in September, it inaugurated its 2,000th location under the Valvoline Instant Oil Change and Great Canadian Oil Change brands. This broadens its network of service centers across the United States and Canada to 3,500. This company-run two-bay service center in Centerville, OH, is the sixth Valvoline Instant Oil Change location in the Dayton, OH, metro area. Valvoline Instant Oil Change is ranked #1 in automobile preventive maintenance service providers on Entrepr ...
Valvoline Inc. Achieves Milestone of Opening its 2,000th Location
Prnewswire· 2024-10-03 11:00
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. This advances the Company's efforts to expand its network of services centers to 3,500 in the United States and Canada. "I am proud that we are bring ...
Valvoline Great Canadian Oil Change Ranks Highest Among Aftermarket Service Facilities in J.D. Power Survey
Prnewswire· 2024-10-01 12:00
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. Power's 2024 Canada Customer Service Index–Long-Term Study. "Our Great Canadian Oil Change team is honored to be recognized by the communities we proudly serve," said Lori Flees, Valvoline Inc. President & Chief Executive Officer. "It's important to us ...
Valvoline's (VVV) Earnings and Revenues Lag Estimates in Q3
ZACKS· 2024-08-13 16:20
Valvoline Inc. (VVV) reported earnings from continuing operations of 37 cents per share in third-quarter fiscal 2024 (ended Jun 30, 2024), down from the year-ago quarter's tally of 40 cents. Barring one-time items, adjusted earnings were 45 cents per share in the quarter, up from 43 cents a year ago. It missed the Zacks Consensus Estimate of 49 cents. Revenues Net sales increased around 12% year over year to $421.4 million in the quarter. The metric missed the Zacks Consensus Estimate of $422.4 million. Sys ...
Valvoline(VVV) - 2024 Q3 - Earnings Call Transcript
2024-08-07 18:55
Valvoline Inc. (NYSE:VVV) Q3 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Elizabeth Russell - IR Lori Flees - President and CEO Mary Meixelsperger - CFO Conference Call Participants Steven Zaccone - Citi Simeon Gutman - Morgan Stanley Peter Keith - Piper Sandler Mike Harrison - Seaport Global Research David Bellinger - Mizuho Lydia Huang - JPMorgan David Lantz - Wells Fargo Bret Jordan - Jefferies Jim Chartier - Monness Crespi Hardt Operator Hello all, and welcome to Valvolin ...
Compared to Estimates, Valvoline (VVV) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-08-07 14:36
For the quarter ended June 2024, Valvoline (VVV) reported revenue of $421.4 million, up 12% over the same period last year. EPS came in at $0.45, compared to $0.43 in the year-ago quarter. The reported revenue represents a surprise of -0.24% over the Zacks Consensus Estimate of $422.41 million. With the consensus EPS estimate being $0.49, the EPS surprise was -8.16%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expect ...
Valvoline (VVV) Q3 Earnings and Revenues Miss Estimates
ZACKS· 2024-08-07 13:26
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. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -8.16%. A quarter ago, it was expected that this automotive and industrial lubricants maker would post earnings of $0.36 per share when it actually produced earnings of $0.37, delivering a surprise of 2.78%. Over the last ...
Valvoline(VVV) - 2024 Q3 - Quarterly Results
2024-08-07 11:00
Exhibit 99.1 PRESS RELEASE Valvoline Inc. Reports Third Quarter Results 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 oper ...
Valvoline Inc. Announces $400 Million Share Repurchase Authorization
Prnewswire· 2024-07-30 21:00
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. The timing and amount of any repurchases of common stock will be solely at the discretion of the Company and is subject to general business and market conditions, as well as other factors. The authorization permits the Company to make repurchases ...