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]
Valvoline Reaches Milestone of Opening its 2,000th Location