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

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].