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 ...

Core Viewpoint - Valvoline Inc. plans to refranchise 38 existing Valvoline Instant Oil Change service centers to Velocity Auto Care, enhancing its network growth strategy and customer convenience [1][2][3]. Group 1: Company Strategy - The refranchising initiative is part of Valvoline's strategic priority to accelerate network growth, allowing for more service centers to be available to customers [2]. - This transaction marks Valvoline's third refranchising effort, following two transactions in fiscal year 2024 that converted 28 company stores to franchise in Las Vegas and Denver [3]. Group 2: Franchise Partner - Velocity Auto Care, the new franchisee, is a wholly owned portfolio company of Franchise Equity Partners, which operates over 750 storefronts across 33 states [2]. - The partnership aims to deliver quick and trusted service to customers in central and west Texas, leveraging Valvoline's established brand recognition [3]. Group 3: Company Overview - Valvoline Inc. operates more than 2,000 service centers across the U.S. and Canada, completing over 28 million services annually, including oil changes and maintenance services [5]. - The company employs over 11,000 team members focused on growing the core business and expanding the retail network [5].

Core Insights - Valvoline Inc. plans to report its financial results for the fiscal fourth quarter on November 19, 2024, with a live audio webcast scheduled for the same day at 9 a.m. ET [1][2] Company Overview - Valvoline Inc. is recognized as a leader in preventive automotive maintenance, operating approximately 2,000 service centers across North America [3] - The company generated $1.4 billion in revenue from $2.8 billion in system-wide store sales in fiscal year 2023, achieving 17 consecutive years of same-store sales growth [3] - Valvoline's services include quick oil changes, battery replacements, tire rotations, and other maintenance services, with a customer satisfaction rating of 4.6 out of 5 stars based on a survey of over 900,000 customers [3]

Company Overview - Valvoline Inc. is recognized as a leader in preventive automotive maintenance, with a focus on quick and easy service [3] - The company operates approximately 2,000 service centers across North America, providing a range of services including 15-minute stay-in-your-car oil changes, battery replacements, tire rotations, and other maintenance services [3] - In fiscal year 2023, Valvoline generated $1.4 billion in revenue from $2.8 billion in system-wide store sales, achieving 17 consecutive years of same-store sales growth [3] Franchise Performance - Valvoline Instant Oil Change ranked 40th in the Franchise Times Top 400, which is based on global systemwide sales from the previous year [1] - The ranking reflects the company's commitment to expanding its franchise network and providing quality support to franchise partners [1] - Over half of Valvoline's Instant Oil Change locations in the U.S. are franchised, indicating a strong franchise model [1] Customer Satisfaction - Valvoline Instant Oil Change has received a customer satisfaction rating of 4.6 out of 5 stars, based on a survey of over 900,000 customers annually [3][4] - The company has been recognized as a top-rated franchisor in its category by Entrepreneur and Franchise Times, highlighting its training excellence and franchise support [3]

Company Leadership Transition - Valvoline Inc. announces the planned retirement of Chief Financial Officer Mary Meixelsperger, who will continue in her role until a successor is hired and will assist during the transition period [1][2] - The company has initiated a comprehensive search for a successor, involving both internal and external candidates [1] Executive Contributions - CEO Lori Flees expressed gratitude for Meixelsperger's leadership and contributions, highlighting her role in building the company and her strategic insights [2] - Meixelsperger joined Valvoline in 2016, just before its initial public offering and spinoff from Ashland Global Holdings [2] Meixelsperger's Background - Prior to Valvoline, Meixelsperger served as CFO for DSW Inc. and Shopko Stores, and she is currently on the board of directors for Genesco Inc. and The Federal Reserve Bank of Cleveland [3] - She was recognized as one of the Top 50 Women Leaders of Kentucky in 2023 [3] Company Overview - Valvoline Inc. is a leader in automotive preventive maintenance, operating approximately 2,000 service centers in North America [4] - In fiscal year 2023, Valvoline delivered around 27 million services, generating $1.4 billion in revenue from $2.8 billion in system-wide store sales, marking 17 years of consecutive same-store sales growth [4]

Company Expansion - Valvoline Inc. inaugurated its 2,000th location under the Valvoline Instant Oil Change and Great Canadian Oil Change brands, expanding its service center network to 3,500 across the U.S. and Canada [1] - The new service center in Centerville, OH, is the sixth Valvoline Instant Oil Change location in the Dayton, OH, metro area [1] Industry Recognition - Valvoline Instant Oil Change is ranked 1 in automobile preventive maintenance service providers on Entrepreneur's Franchise 500 2024 list [2] - The brand also ranks 11 on Forbes' Best Customer Service list, which evaluates the top 300 brands for customer service excellence [2] - Valvoline's Great Canadian Oil Change brand achieved the 1 rank in J.D. Power's Canadian Customer Service Index for aftermarket service facilities [2] Financial Performance - Valvoline's shares have increased by 28.4% over the past year, contrasting with a 5% decline in the industry [4] - During the fiscal third-quarter call, the company reported that its performance was in line with expectations, with results trending at or slightly below the midpoint of adjusted EBITDA and adjusted EPS guidance [4]

Core Viewpoint - Valvoline Inc. is accelerating its growth by reaching the milestone of opening its 2,000th service center, aiming for a total of 3,500 locations across the United States and Canada [1][2]. Expansion and Growth - The 2,000th location is a new, company-operated, two-bay service center in Centerville, Ohio, marking the sixth Valvoline Instant Oil Change location in the Dayton metro area [2]. - Valvoline's network growth is supported by its franchise partners and internal teams, contributing to the company's expansion strategy [2]. Industry Recognition - Valvoline Instant Oil Change has been ranked 1 in automotive preventive maintenance service providers on Entrepreneur's Franchise 500® 2024 list and 11 on Forbes' Best Customer Service list [3]. - The Great Canadian Oil Change brand received the top ranking in J.D. Power's Canadian Customer Service Index for aftermarket service facilities [3]. Financial Performance - In fiscal year 2023, Valvoline's network delivered approximately 27 million services, generating $1.4 billion in revenue from $2.8 billion in system-wide store sales [4]. - The company has achieved 17 consecutive years of same-store sales growth across its network [4]. Company Overview - Valvoline Inc. operates approximately 2,000 service centers in North America, providing a range of services including oil changes, battery replacements, and tire rotations [4]. - The company is recognized for its training excellence and has been awarded the BEST Award multiple times, highlighting its commitment to quality service [4].