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The competition highlights the best in the automotive preventive maintenance industry, competing to perform the quickest perfect oil change LEXINGTON, Ky., June 11, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced the 30th annual international Oilympics competition will be held in Lexington, Kentucky, on June 11.
Valvoline's (VVV) fiscal second-quarter earnings and revenues surpass estimates on higher system-wide same-store sales.
While the top- and bottom-line numbers for Valvoline (VVV) give a sense of how the business performed in the quarter ended March 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 $0.37 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.23 per share a year ago.
Valvoline (VVV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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.