Core Insights - Valvoline reported revenue of 398.2 million [1] - The earnings per share (EPS) for the quarter was 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]
Valvoline (VVV) Reports Q1 Earnings: What Key Metrics Have to Say