Valvoline Inc. delivered robust financial results for its third quarter, with sales reaching $439 million and a significant increase in income from continuing operations and EPS. The company also expanded its retail footprint by adding 46 new stores system-wide, demonstrating resilience in customer demand.
Valvoline Inc. reported second quarter fiscal year 2025 results with sales of $403 million, a 4% increase, and system-wide store sales growth of 11% to $826 million. Reported income from continuing operations and EPS declined, while adjusted EBITDA and Adjusted EPS also saw declines, primarily due to the impact of refranchising. The company added 33 net new stores during the quarter and reiterated its full-year guidance.
Valvoline Inc. reported strong first-quarter results with an 11% increase in sales, driven by an 8% system-wide same-store sales growth. The company added 35 stores and benefited from a $71 million pre-tax gain due to refranchising.
Valvoline Inc. reported a 12% increase in sales from continuing operations to $436 million, driven by a 5.4% system-wide same-store sales growth. Reported income from continuing operations increased by 19% to $89 million, with EPS up by 26% to $0.68. Adjusted EBITDA grew by 14% to $124 million, and adjusted EPS increased by 18% to $0.46.
Valvoline Inc. reported a 12% increase in sales, driven by a 6.5% system-wide same-store sales growth. The company added 33 new stores and refranchised 17 stores.
Valvoline Inc. reported a 7.7% increase in system-wide same-store sales and added 38 net new stores in the second quarter of fiscal year 2024. The company's sales from continuing operations grew by 13% to $389 million, and adjusted EBITDA increased by 21%.
Valvoline Inc. reported a strong start to fiscal year 2024 with a 12% increase in sales from continuing operations, driven by a 7.1% system-wide same-store sales growth. The company added 38 stores and repurchased over $170 million of its stock.
Valvoline Inc. reported a 16% increase in sales from continuing operations, reaching $390 million, and a 10.0% increase in system-wide same-store sales (SSS) for the fourth quarter. EPS increased by 657% to $0.53, and adjusted EPS increased by 86% to $0.39. The company added 48 net stores, bringing the total store count to 1,852.
Valvoline Inc. reported a 19% increase in sales from continuing operations, reaching $376.2 million, and a 62% increase in reported income from continuing operations, totaling $64.5 million. Adjusted EPS increased by 105% to $0.43, and adjusted EBITDA grew by 28% to $110.4 million. The company added a net of 23 stores, bringing the total system-wide stores to 1,804. Valvoline returned $1.39 billion to shareholders through share repurchases and expects to execute the remaining repurchase authorization over the next 12 months.
Valvoline reported a 16% increase in sales from continuing operations to $344.5 million and a 43% increase in income from continuing operations to $32.9 million. Adjusted EPS increased by 64% to $0.23, and adjusted EBITDA grew by 26% to $87.1 million. The company added 35 net new stores, bringing the total system-wide store count to 1,781, and system-wide same-store sales increased by 13.5%.
Valvoline reported a 16% increase in sales from continuing operations, reaching $332.8 million, and an 11.9% increase in system-wide same store sales. The company added a net total of 31 stores, with 23 being company-operated and 8 franchised, bringing the total system-wide store count to 1,746. The sale of the Global Products business is expected to close in early calendar year 2023, with plans to repurchase shares using $1.6 billion of the net cash proceeds.
Valvoline's Q4 2022 results showed a decrease in reported net income and EPS, but an increase in adjusted EPS and adjusted EBITDA. Continuing operations sales increased, but reported net income decreased significantly. System-wide same-store sales increased, and cash was returned to shareholders through dividends and share repurchases. The company also announced a $1.6 billion share repurchase authorization.
Valvoline reported a 21% increase in sales, reaching $957 million, driven by strong demand and pricing actions. Net income grew 2% to $99 million, and adjusted EPS improved 5% to $0.58. The company updated its full-year guidance for adjusted EBITDA to $670 to $680 million and adjusted EPS to $2.07 to $2.15.
Valvoline reported a strong second quarter with a 26% increase in sales to $886 million, driven by strong demand and pricing actions. Net income grew by 19% to $81 million, and earnings per diluted share increased by 22% to $0.45.
Valvoline reported a 31% increase in sales to $858 million. Net income remained flat at $87 million, while adjusted EPS increased by 12% to $0.48. The company returned $54 million to shareholders through dividends and share repurchases.
Valvoline reported a strong fourth quarter with a 28% increase in sales to $835 million. Net income grew by 38% and EPS increased by 39%. The company's Retail Services and Global Products segments both contributed to the robust performance.
Valvoline reported a strong third quarter with significant growth across key financial metrics. Net income increased by 64%, EPS by 66%, adjusted EPS by 112%, and adjusted EBITDA by 75%. Sales also saw a substantial rise of 53%, primarily fueled by the Retail Services segment's impressive same-store sales growth of 40.5%.
Valvoline reported a strong second quarter with sales growth of 21% reaching $701 million, driven by international and quick lubes performance. The company raised its full-year guidance for adjusted EBITDA to $590 million to $610 million and adjusted EPS to $1.72 to $1.82.
Valvoline reported strong first-quarter results with an 8% increase in sales to $653 million. Net income grew by 19% to $87 million, and EPS increased by 21% to $0.47. Adjusted EBITDA also saw a significant rise of 21% to $145 million.
Valvoline's Q4 2020 results exceeded expectations, demonstrating the resilience of its business model. The company reported a net income of $122 million, a 4% increase in sales to $652 million, and an adjusted EPS growth of 15% to $0.46. Strong performance in Quick Lubes and Core North America, along with improved profitability in International, drove the positive results.
Valvoline's Q3 2020 results demonstrated resilience with a sales decline of 16% to $516 million, but a strong recovery in June with 10% growth. Net income decreased by 9% to $59 million, and EPS decreased by 6% to $0.32. The company benefited from easing COVID-19 restrictions and strong in-store execution.
Valvoline's second-quarter results showed resilience despite the impact of COVID-19, with a net income of $63 million and adjusted EPS increasing by 11% to $0.39. Sales declined by 2% to $578 million, but the company maintained a strong cash position and is focused on managing operations and maintaining financial flexibility.
Valvoline reported a positive first quarter with a 9% increase in sales to $607 million and a 30% increase in adjusted EPS to $0.35. The company's performance was driven by strong results in Core North America and continued growth in Quick Lubes.