Valvoline Misses Quarterly Estimates but Raises Full-Year Revenue Outlook

Core Insights - Valvoline Inc. reported fourth-quarter results that did not meet analyst expectations but provided optimistic revenue guidance for fiscal 2026 [1][2] Financial Performance - Adjusted earnings per share for the fourth quarter were $0.45, below the consensus estimate of $0.47 [1] - Revenue for the fourth quarter was $454 million, slightly missing expectations of $455.79 million [1] - System-wide same-store sales growth was strong at 6.0% for the quarter [1] - System-wide store sales increased by 11% to $918 million in the fourth quarter [3] - Adjusted EBITDA rose by 5% to $130.1 million [3] - For the full fiscal year, Valvoline generated $1.7 billion in revenue, a 6% increase from the prior year, or 12% when adjusted for refranchising activity [3] Future Guidance - For fiscal 2026, Valvoline forecasts revenue between $2.0 billion and $2.1 billion, exceeding analyst expectations of $1.91 billion [2] - The company's full-year earnings forecast is between $1.60 and $1.70 per share, which is below the consensus estimate of $1.88 [2]