On the question-and-answer portion of the call, management discussed a pilot of mobile service delivery. Flees said the mobile initiative is “relatively small,” limited to a couple of markets, and focused on consumer and fleet convenience. Management said the mobile channel contributed about 20 basis points to same-store sales in the quarter.Flees said franchise same-store sales were slightly higher than the system average for the quarter and on the two-year stack. She added that Valvoline continues to grow ...

Group 1 - NewMarket Corporation (NYSE:NEU) has finalized a deal to acquire Mars TopCo, LLC from AE Industrial Partners, enhancing its position in the specialty chemicals sector [1][2] - The acquisition will allow NewMarket to expand its footprint in the aerospace and defense industries, particularly in mission-critical chemicals [2] - This agreement is expected to finalize in 2025 and marks NewMarket's second recent acquisition in the aerospace and defense sectors [2] Group 2 - NewMarket Corporation is a significant player in the petroleum additives market, supplying essential components for hydraulic fluids, engine oils, and biofuels across various sectors [3]