Valvoline(US:VVV)2025-02-06 22:03Financial Performance - Net sales reached $414 million, an increase of 11% year-over-year[5] - Adjusted EBITDA was $103 million, up 14% compared to the previous year[5] - Adjusted EPS increased by 10% to $032[6] - The company returned $39 million to shareholders through share repurchases[7] Retail Network Growth - System-wide store sales totaled $820 million, reflecting a 14% increase[5] - System-wide same-store sales (SSS) grew by 8%[5] - The company added 35 net new stores, including 14 franchise and 21 company-operated locations[8, 31] - 39 stores were refranchised[8] - Total system-wide store count reached 2,045, representing an 82% year-over-year growth[5, 37] Profitability and Margins - Gross margin increased by 80 basis points year-over-year[17] - Adjusted EBITDA margin increased by 60 basis points year-over-year[20] Fiscal Year 2025 Guidance - The company projects same-store sales growth of 5% to 7%[34] - System-wide store additions are expected to be between 160 and 185[34] - Net revenues are projected to be in the range of $167 billion to $173 billion[34] - Adjusted EBITDA is anticipated to be between $450 million and $470 million[34] - Adjusted EPS is expected to be between $157 and $167[34]