VVV Stock Recent News

LEXINGTON, Ky. , April 23, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that it plans to report financial results for its fiscal second quarter on May 8, 2024.

Valvoline has given a solid breakout and its Q1 FY24 results were strong, indicating potential for strong growth. The company's net revenue for Q1 FY24 rose by 12.1% compared to Q1 FY23, driven by growth in system-wide same-store sales. VVV stock is trading at its all-time high and the technical chart looks bullish, making it a potentially rewarding investment.

Valvoline's (VVV) Q1 earnings are in line with expectations. Revenues fall short of estimates in spite of a year-over-year increase.

Valvoline Inc. (VVV) Q1 2024 Earnings Call Transcript

The headline numbers for Valvoline (VVV) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Valvoline (VVV) came out with quarterly earnings of $0.29 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.16 per share a year ago.

Valvoline's transition to a pure-play retail business has resulted in strong financial performance and a healthy balance sheet. VVV's narrow focus on its core business and a healthy store network contribute to its competitive advantage. The key to future growth lies in well-calibrated expansion of the store network and monitoring same-store sales and operating margins.

Valvoline (VVV) lags estimates in the fiscal fourth quarter amid SSS growth.

Valvoline Inc. (NYSE:VVV ) Q4 2023 Earnings Conference Call November 9, 2023 9:00 AM ET Company Participants Elizabeth Russell - Investor Relations Lori Flees - President & Chief Executive Officer Mary Meixelsperger - Chief Financial Officer Conference Call Participants Daniel Imbro - Stephens Inc Steven Zaccone - Citi Simeon Gutman - Morgan Stanley Kate McShane - Goldman Sachs Bret Jordan - Jefferies David Lantz - Wells Fargo Mike Harrison - Seaport Research Partners Operator Hello, everyone, and welcome to the Valvoline 4Q 2023 Earnings Conference Call and Webcast. My name is Emily and I'll be coordinating your call today.

LEXINGTON, Ky. , Oct. 26, 2023 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that it plans to report financial results for its fiscal fourth quarter on November 9, 2023.