Valvoline(VVV) - 2024 Q3 - Quarterly Results

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 ...