VVV Stock Recent News

Valvoline Inc. missed Non-GAAP EPS by $0.02, revenue was $3.75 million under the mark. Despite growth moves, Valvoline faces hurdles with high valuation, rising costs, and a shaky economy. Valvoline's recent financials show strong profits, but future projections indicate potential earnings decline.

While the top- and bottom-line numbers for Valvoline (VVV) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Valvoline (VVV) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.43 per share a year ago.

Delivers 12%   top-line growth, 6.5% system-wide SSS growth, 33 store additions and announces refranchising of 17 stores Sales from continuing operations of $421 million grew 12%, driven by system-wide same store sales (SSS) growth of 6.5% Income from continuing operations of $48 million declined 25%, reflecting a year-over-year reduction in interest income, and earnings per diluted share (EPS) of $0.37 decreased 8%, Continuing operations adjusted EBITDA of $123 million increased 12% and adjusted EPS of $0.45 increased 5% over the prior year, which reflects a year-over-year reduction in interest income Store additions in the quarter totaled 33 (15 franchised and 18 company-operated) bringing total system-wide stores to 1,961 Refranchised 17 stores in July 2024 LEXINGTON, Ky. , Aug. 7, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today reported financial results for its third quarter of fiscal 2024, which ended J

LEXINGTON, Ky. , July 30, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that its board of directors authorized the Company to repurchase up to $400 million of its common stock.

LEXINGTON, Ky. , July 22, 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 third quarter on August 7, 2024.

The company leads the automotive preventive maintenance industry by joining  the EPA's Green Power Partnership LEXINGTON, Ky., July 8, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, announced today that it recently joined the U.S. Environmental Protection Agency's Green Power Partnership, recognizing the more than 7 million kilowatt-hours (kWh) of green power the company uses annually.

LEXINGTON, Ky. , June 26, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced the release of its Corporate Social Responsibility report, highlighting its fiscal year 2023 people, safety, environmental, and innovation initiatives.

LEXINGTON, Ky. , June 17, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that its U.S. quick lube service brand Valvoline Instant Oil ChangeSM has been named an 11-time winner of the Association for Talent Development (ATD) Best of the BEST Award.

U.S. and Canada winning teams perform the quickest perfect service experience LEXINGTON, Ky. , June 13, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced the winners of its 30th Oilympics competition held in Lexington, Kentucky.