Valvoline (VVV) Q2 2025 Earnings Call May 08, 2025 09:00 AM ET Company Participants Elizabeth Clevinger - Investor RelationsLori Flees - CEO, President & DirectorMary Meixelsperger - Chief Financial OfficerSteven Shemesh - Director, Equity Research - U.S. Hardlines/Broadlines, Food Retail & E-CommerceMax Rakhlenko - Managing DirectorAriana Warden - Equity Research Associate - ConsumerMark Jordan - Vice President - Equity ResearchChris O’Cull - Managing Director - Restaurants, Franchised BusinessesDavid Lant ...

Company Overview - Mazzotta Rentals, Inc. (MRI) is a leading provider of rental equipment solutions in the construction, industrial, and infrastructure sectors across Connecticut, Massachusetts, New York, Rhode Island, Vermont, New Hampshire, and Maine [1][4] - The company is known for its customer-first approach and reliable service, partnering with contractors and businesses to support projects of all sizes [4] Financial Developments - MRI has secured an asset-based loan credit facility with M&T Bank, which includes a $120 million revolving line of credit and a $5 million term loan facility [1] - The facility also features a $35 million accordion option for future growth, refinancing existing debt and supporting the company's expansion efforts [1][2] Strategic Goals - The financing is viewed as a significant step in executing the company's long-term strategic plan, providing flexibility for investments in fleet and infrastructure while maintaining a healthy financial profile [3] - The company aims to expand its service offerings and strengthen its position as an industry leader in equipment rentals, driven by increasing customer demand in general construction and infrastructure development [3]