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Valvoline (VVV) Q3 Earnings and Revenues Miss Estimates
ZACKS· 2024-08-07 13:26
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. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -8.16%. A quarter ago, it was expected that this automotive and industrial lubricants maker would post earnings of $0.36 per share when it actually produced earnings of $0.37, delivering a surprise of 2.78%. Over the last ...
Valvoline(VVV) - 2024 Q3 - Earnings Call Presentation
2024-08-07 13:01
1 Third Quarter Fiscal 2024 Earnings Lori Flees, CEO & President Mary Meixelsperger, CFO Elizabeth Russell, Investor Relations 08.07.2024 TOME SAFE HARBOR Forward-Looking Statements Certain statements herein, other than statements of historical fact, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may include, without limitation, executing on its growth strategy to create shareholder value by driving the full potentia ...
Valvoline(VVV) - 2024 Q3 - Quarterly Results
2024-08-07 11:00
Exhibit 99.1 PRESS RELEASE Valvoline Inc. Reports Third Quarter Results 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 oper ...
Valvoline Inc. Reports Third Quarter Results
Prnewswire· 2024-08-07 11:00
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 ...
Valvoline Inc. Announces $400 Million Share Repurchase Authorization
Prnewswire· 2024-07-30 21:00
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. The timing and amount of any repurchases of common stock will be solely at the discretion of the Company and is subject to general business and market conditions, as well as other factors. The authorization permits the Company to make repurchases ...
Valvoline Inc. to Report Financial Results for Third Quarter 2024 and Host Webcast on August 7
Prnewswire· 2024-07-22 20:30
The webcast and slide presentation will be available on the company's Investor Relations website at http://investors.valvoline.com. Shortly after the call concludes, a replay of the webcast will be available on this same website. FOR FURTHER INFORMATION About Valvoline Inc. Investor Relations Elizabeth B. Russell +1 (859) 357-3155 [email protected] LEXINGTON, Ky., July 22, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced t ...
The U.S. Environmental Protection Agency Recognizes Valvoline Inc. Among Nation's Leading Green Power Users
Prnewswire· 2024-07-08 11:30
The company has thoughtfully evaluated its purchase of renewable energy certificates (RECs), with most coming from renewable energy suppliers in the United States, including wind and solar projects established in the past 15 years. These efforts are helping to reduce the negative health impacts of air emissions including those related to ozone, fine particles, acid rain, and regional haze. The Green Power Partnership recognition is just one way Valvoline Inc. supports a culture of sustainability. In fiscal ...
Valvoline(VVV) - 2024 Q2 - Quarterly Report
2024-05-10 20:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________________ FORM 10-Q (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to ___________ Commission file number 001-37884 VALVOLINE INC. (Exact name of registrant as specified in its charter) Kentuck ...
Valvoline(VVV) - 2024 Q2 - Earnings Call Transcript
2024-05-08 17:06
Valvoline Inc. (NYSE:VVV) Q2 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Elizabeth Russell - Investor Relations Lori Flees - President & Chief Executive Officer Mary Meixelsperger - Chief Financial Officer Conference Call Participants David Bellinger - Mizuho Simeon Gutman - Morgan Stanley Kate McShane - Goldman Sachs Avanti Cheruvallath - Citi Mike Harrison - Seaport Research Partners Lydia Huang - JPMorgan Bret Jordan - Jefferies Operator Hello, and welcome to the Valvoline's ...
Valvoline(VVV) - 2024 Q2 - Earnings Call Presentation
2024-05-08 15:45
1 Second Quarter Fiscal 2024 Earnings Lori Flees, CEO & President Mary Meixelsperger, CFO Elizabeth Russell, Investor Relations 05.08.2024 TOME SAFE HARBOR Forward-Looking Statements Certain statements herein, other than statements of historical fact, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may include, without limitation, executing on its growth strategy to create shareholder value by driving the full potenti ...