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Recognition highlights the strength of the Valvoline Instant Oil Change franchise model for operators looking to grow with an established automotive service brand. LEXINGTON, Ky.--(BUSINESS WIRE)-- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, has been recognized as No. 34 in Entrepreneur magazine’s ranking of the Top Brands for Multi-Unit Owners, underscoring the strength of the Valvoline Instant Oil Change franchise system for operators seeking scalable growth. The ranking identifies the brands with the most appeal for prospective franchisees interested in multi-unit ownership, as well as existing franchisees looking to expand their portfolios.“Multi-unit growth requires a brand operators can believe in, a model they can scale and a team that understands how to support growth,” said Adam Worsham, Chief Franchising Officer at Valvoline Inc. “This ranking reinforces the strength of the Valvoline Instant Oil Change franchise system and the opportunity it creates for partners focused on expanding their portfolios.”For multi-unit operators, brand strength, repeatable operations and customer demand are important considerations when evaluating growth opportunities. Valvoline Instant Oil Change’s inclusion on the list reflects the company’s continued focus on supporting franchisee growth within the preventive automotive maintenance category.The ranking appears in the July/August 2026 issue of Entrepreneur magazine and recognizes franchise brands positioned to support operators interested in expanding their businesses across multiple locations.About Valvoline Inc.Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at approximately 2,500 franchised and company-operated service centers across the United States and Canada. The Company completes more than 30 million services annually system-wide, from about 15-minute stay-in-your-car oil changes to a variety of manufacturer-recommended maintenance services such as wiper replacements and tire rotations. At Valvoline Inc., it all starts with our people, including the over 13,500 team members who are working to drive the full potential of our core business, deliver sustainable network growth and innovate to meet the evolving needs of our customers and the car parc. For more information, visit vioc.com. For Further Information Investor Relations Elizabeth B. Clevinger +1 (859) 357-3155 IR@valvoline.com Media Relations Angela Davied +1 (913) 302-0032 media@valvoline.com Source: Valvoline Inc.
LEXINGTON, Ky.--(BUSINESS WIRE)-- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that the company will be participating in a fireside chat at the Goldman Sachs Global Consumer and Retail Conference on Monday, September 14, at 3:35 p.m. ET. A live audio webcast will be available on the Valvoline Inc. investor relations website at http://investors.valvoline.com. Following the live event, an archived version of the webcast will be available on the website. About Valvoline Inc. Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at approximately 2,500 franchised and company-operated service centers across the United States and Canada. The Company completes more than 30 million services annually system-wide, from about 15-minute stay-in-your-car oil changes to a variety of manufacturer-recommended maintenance services such as wiper replacements and tire rotations. At Valvoline Inc., it all starts with our people, including the over 13,500 team members who are working to drive the full potential of our core business, deliver sustainable network growth and innovate to meet the evolving needs of our customers and the car parc. For more information, visit vioc.com. ™ Trademark, Valvoline Inc., or its subsidiaries, registered in various countries FOR FURTHER INFORMATION Investor Relations Elizabeth B. Clevinger +1 (859) 357-3155 IR@valvoline.com Media Relations Angela Davied +1 (913) 302-0032 media@valvoline.com Source: Valvoline Inc.
LEXINGTON, Ky.--(BUSINESS WIRE)-- Valvoline Inc. (“Valvoline”) (NYSE: VVV) announced today the pricing of its offering of $600,000,000 aggregate principal amount of 6.125% Senior Notes due 2034 (the “Notes”). The offering was upsized by $100,000,000 aggregate principal amount compared to the previously announced offering size of $500,000,000. The offering of the Notes is part of a leverage-neutral coordinated refinancing transaction intended to strengthen Valvoline’s debt maturity profile and enhance liquidity. The Notes will be unsubordinated unsecured obligations of Valvoline. Each of Valvoline’s subsidiaries that guarantees Valvoline’s obligations under its senior secured credit facilities will guarantee the Notes on an unsubordinated unsecured basis. Valvoline intends to use the net proceeds from the offering to repay in full its senior secured term loan A facility and partially repay its senior secured term loan B facility, to pay related fees and expenses, and the remainder, if any, for general corporate purposes. The offering is expected to close on August 24, 2026, subject to customary closing conditions. Concurrent with the offering, Valvoline intends to enter into an amendment to its existing revolving credit facility (the “Credit Facilities Amendment”) to, among other things, increase availability thereunder from $475 million to $600 million, reduce the pricing thereof and extend its maturity to the date that is five years after the amendment effective date. The Credit Facilities Amendment is expected to enhance Valvoline’s liquidity position, reduce borrowing costs and provide additional financial flexibility. The offering of Notes is not conditioned upon the effectiveness of the Credit Facilities Amendment. The Notes will be offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The Notes have not been and will not be registered under the Securities Act and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell, or a solicitation of an offer to buy the Notes. No offer, solicitation or sale will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful. About ValvolineTM Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at approximately 2,500 franchised and company-operated service centers across the United States and Canada. The Company completes more than 30 million services annually system-wide, from about 15-minute stay-in-your-car oil changes to a variety of manufacturer-recommended maintenance services such as wiper replacements and tire rotations. At Valvoline Inc., it all starts with our people, including the over 13,500 team members who are working to drive the full potential of our core business, deliver sustainable network growth, and innovate to meet the evolving needs of our customers and the car parc. For more information, visit vioc.com. TM Trademark, Valvoline or its subsidiaries, registered in various countries SM Service mark, Valvoline or its subsidiaries, registered in various countries Forward-Looking Statements Certain statements in this news release, other than statements of historical fact, are forward-looking statements within the meaning of the Private Securi
LEXINGTON, Ky.--(BUSINESS WIRE)-- Valvoline Inc. (“Valvoline”) (NYSE: VVV) announced today the commencement of an offering of $500,000,000 aggregate principal amount of Senior Notes due 2034 (the “Notes”). The offering of the Notes is part of a leverage-neutral coordinated refinancing transaction intended to strengthen Valvoline’s debt maturity profile and enhance liquidity. The Notes will be unsubordinated unsecured obligations of Valvoline. Each of Valvoline’s subsidiaries that guarantees Valvoline’s obligations under its senior secured credit facilities will guarantee the Notes on an unsubordinated unsecured basis. Valvoline intends to use the net proceeds from the offering, together with cash and cash equivalents on hand, to repay in full its senior secured term loan A facility and partially repay its senior secured term loan B facility and to pay related fees and expenses. Concurrent with the offering, Valvoline intends to enter into an amendment to its existing revolving credit facility (the “Credit Facilities Amendment”) to, among other things, increase availability thereunder from $475 million to $600 million, reduce the pricing thereof and extend its maturity to the date that is five years after the amendment effective date. The Credit Facilities Amendment is expected to enhance Valvoline’s liquidity position, reduce borrowing costs and provide additional financial flexibility. The offering of Notes is not conditioned upon the effectiveness of the Credit Facilities Amendment. The Notes will be offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The Notes have not been and will not be registered under the Securities Act and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell, or a solicitation of an offer to buy the Notes. No offer, solicitation or sale will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful. About Valvoline™ Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at approximately 2,500 franchised and company-operated service centers across the United States and Canada. The Company completes more than 30 million services annually system-wide, from about 15-minute stay-in-your-car oil changes to a variety of manufacturer-recommended maintenance services such as wiper replacements and tire rotations. At Valvoline Inc., it all starts with our people, including the over 13,500 team members who are working to drive the full potential of our core business, deliver sustainable network growth and innovate to meet the evolving needs of our customers and the car parc. For more information, visit vioc.com. TM Trademark, Valvoline or its subsidiaries, registered in various countries SM Service mark, Valvoline or its subsidiaries, registered in various countries Forward-Looking Statements Certain statements in this news release, 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, statements regarding the proposed offering of the Notes, the anticipated use of proceeds from the offering, the repayment of indebtedness, the proposed Credit F
Delivers 24% top-line growth, 47 net store additions LEXINGTON, Ky.--(BUSINESS WIRE)-- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today reported financial results for its third quarter ended June 30, 2026. All comparisons in this press release are made to the same prior-year period unless otherwise noted.“We delivered another strong quarter, with sales and profit growth in line with our expectations,” said Lori Flees, President & CEO. “Top-line sales grew 24%, with system-wide same-store sales growth of 8.0%, benefiting from pricing actions taken in the quarter. We generated healthy profit growth, solid margins and improved SG&A leverage. The team continues to manage the business effectively through the changing supply and macro environment. Our results demonstrate the strength, resilience, and growth in our business.”Continuing Operations - Operating ResultsSales of $545 million grew 24% and system-wide store sales increased 19% to $1.05 billionSystem-wide same-store sales (SSS) growth of 8.0%Reported income from continuing operations of $65 million grew 14% and diluted earnings per share (EPS) of $0.51 increased 16%Adjusted EBITDA of $162 million increased 25% and adjusted EPS of $0.57 increased 21%System-wide net store additions in the quarter totaled 47 (25 franchise and 22 company-operated additions)Balance Sheet and Cash FlowCash and cash equivalents balance of $84 million; total debt of $1.6 billion, reflecting a $50 million voluntary prepayment on the Term Loan AYear-to-date operating cash flow from continuing operations of $285 million and free cash flow of $112 million, an improvement of $93 million over the prior yearOutlookFlees added, “We are operating in a period of meaningful change on the cost side of our business. Our team is focused on mitigating the impact of increased finished lubricant costs with pricing actions and ongoing operational discipline. We remain confident in the underlying strength of our business and our team's execution. As a result, we are narrowing our guidance ranges and raising full-year system-wide same-store sales expectations.”Information regarding the Company’s outlook for fiscal 2026 is provided in the table below: Updated OutlookPrior OutlookSystem-wide SSS growth17.5% - 8%5% - 6.5%System-wide store additions1no cha
LEXINGTON, Ky.--(BUSINESS WIRE)-- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced the release of its Fiscal 2025 (FY25) Impact Report, highlighting progress across people, communities, environmental stewardship and governance, including a record $1.8 million raised for Children’s Miracle Network. FY25 marked a year of strong momentum fueled by Valvoline Inc.’s purpose to simplify vehicle care so customers can do what drives them, and its commitment to its people, performance, and long-term growth. Key highlights from the FY25 Impact Report include: Raised $1.8 million for Children’s Miracle Network, the company’s most successful fundraising total to date Invested more than $1.4 million in preventive maintenance and energy upgrades across company-owned U.S. service centers Diverted approximately 602 tons of standard waste from landfills across company-owned U.S. service centers and headquarters Welcomed more than 11,000 new team members and continued investing in training, development and career growth “Our FY25 Impact Report reflects the dedication of our team members and franchisees who drive our success every day,” said Lori Flees, President and CEO of Valvoline Inc. “Together, we are building a company that creates opportunity, strengthens the communities we serve and delivers long-term value by leading with purpose and doing the right thing, always.” Click here to read Valvoline Inc.’s complete Impact Report, which covers the company’s 2025 fiscal year (October 1, 2024 through September 30, 2025). The report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards and is also aligned to general principles of the Sustainability Accounting Standards Board (SASB) for Multiline and Specialty Retailers & Distributors. Valvoline Inc. Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at more than 2,400 franchised and company-operated service centers across the United States and Canada. The Company completes more than 30 million services annually system-wide, from about 15-minute stay-in-your-car oil changes to a variety of manufacturer-recommended maintenance services such as wiper replacements and tire rotations. At Valvoline Inc., it all starts with our people, including the 13,000 team members who are working to drive the full potential of our core business, deliver sustainable network growth, and innovate to meet the evolving needs of our customers and the car parc. For more information, visit vioc.com. TM Trademark, Valvoline Inc., or its subsidiaries, registered in various countries ® Registered trademark owned by a third party Investor Relations Elizabeth B. Clevinger +1 (859) 357-3155 IR@valvoline.com Media Contact Angela Davied +1 (913) 302-0032 angela.davied@valvoline.com Source: Valvoline Inc.
LEXINGTON, Ky.--(BUSINESS WIRE)-- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced the election of Katherine Fogertey, former CFO of Shake Shack, and Scott Mezvinksy, CEO of the KFC Division of Yum! Brands, to its Board of Directors, effective July 22, 2026. Fogertey is a finance executive with more than two decades of experience spanning public company leadership and equity capital markets. She most recently served as Chief Financial Officer of Shake Shack Inc. (NYSE: SHAK), a leading global fast-casual restaurant company with nearly 700 company-operated and licensed locations, where she guided the company through a period of significant operational, strategic, and financial transformation, driving margin expansion, disciplined unit growth, and the development of advanced data and analytics capabilities that supported long-term value creation. Previously, she spent nearly 16 years at Goldman Sachs, most recently as Vice President in Global Investment Research, where she was the lead equity analyst covering the U.S. restaurant industry. Mezvinsky is a seasoned executive with more than 20 years of experience leading global consumer businesses with a strong track record of delivering impactful results. He currently serves as the Chief Executive Officer of the KFC division of Yum! Brands, Inc. (NYSE: YUM), leading the world’s largest chicken restaurant brand, with more than 30,000 restaurants in 150 countries and territories around the world. In that role, he is responsible for KFC’s global strategy, brand stewardship, franchise partnerships, operations and long-term growth. Mezvinsky joined Yum! Brands in 2004 and has held a variety of senior leadership positions across finance, strategy, development, operations and general management, including serving as President of Taco Bell North America and International. “We are thrilled to welcome Katie and Scott to the Valvoline Inc. Board of Directors,” said Richard J. Freeland, Chairman of the Board. “Katie’s deep financial expertise, capital markets and investor insights, and successful track record using data analytics and driving operational excellence aligns seamlessly with our long-term strategic vision. Likewise, Scott’s extensive experience leading global consumer brands, scaling both U.S. and international franchise networks, and executing large-scale growth strategies will provide invaluable insight to our Board and guidance to our executive team. Together, their combined expertise brings fresh, vital perspectives to our Board that will be instrumental in creating long-term shareholder value.” The Board appointed Fogertey to serve as a member of the Board’s Audit Committee and Mezvinsky to serve as a member of the Board’s Governance and Nominating Committee, effective July 22, 2026. About Valvoline Inc. Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at more than 2,400 franchised and company-operated service centers across the United States and Canada. The Company completes more than 30 million services annually system-wide, from about 15-minute stay-in-your-car oil changes to a variety of manufacturer-recommended maintenance services such as wiper replacements and tire rotations. At Valvoline Inc., it all starts with our people, including the 13,000 team members who are working to drive the full potential of our core business, deliver sustainable network growth, and innovate to meet the evolving needs of our customers and the car parc. For more information, visit vioc.com</
LEXINGTON, Ky.--(BUSINESS WIRE)-- 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 5, 2026. A live audio webcast with analysts and investors will also be held on August 5, 2026 at 9 a.m. ET. 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. About Valvoline Inc. Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at more than 2,400 franchised and company-operated service centers across the United States and Canada. The Company completes more than 30 million services annually system-wide, from about 15-minute stay-in-your-car oil changes to a variety of manufacturer-recommended maintenance services such as wiper replacements and tire rotations. At Valvoline Inc., it all starts with our people, including the 13,000 team members who are working to drive the full potential of our core business, deliver sustainable network growth and innovate to meet the evolving needs of our customers and the car parc. For more information, visit vioc.com. TM Trademark, Valvoline Inc., or its subsidiaries, registered in various countries FOR FURTHER INFORMATION Investor Relations Elizabeth B. Clevinger +1 (859) 357-3155 IR@valvoline.com Media Relations Angela Davied +1 (913) 302-0032 media@valvoline.com Source: Valvoline Inc.
New national report shows people are seeking trusted guidance, clear communication and low-pressure experiences as everyday choices become more complex LEXINGTON, Ky.--(BUSINESS WIRE)-- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today released its inaugural State of American Decision Making Report, a new national report examining how Americans navigate everyday choices amid rising costs, busy schedules, and an increasingly complex information environment.The report reveals a striking contradiction: while nearly two-thirds of Americans (64.4%) describe themselves as very confident decision-makers, four in 10 (40.3%) say they often or always feel overwhelmed by the number of decisions they face in a typical week, and 31.4% say they often or always second-guess themselves after making a decision.From managing household budgets to maintaining a vehicle, the findings point to a broader consumer mindset: Americans are looking for choices that feel clear, trustworthy and worth it, especially when the stakes feel higher."This report underscores something we see every day: people want everyday decisions to feel easier, clearer and more worthwhile," said Laura Carpenter, Chief Customer Officer, Valvoline Inc. "Convenience is often what helps customers take action and trust is what helps them feel good about the decision they made. When customers understand what they need, know what to expect and feel they can trust the person helping them, the experience becomes easier and far less stressful. That is especially true in vehicle maintenance, where quick, easy service and trusted guidance work together to give customers confidence."Among the report’s key findings:Americans feel confident, but many still feel overwhelmed: Nearly two-thirds of Americans (64.4%) say they feel very confident in their ability to make smart everyday decisions, yet 40.3% say they often or always feel overwhelmed by the number of decisions they face in a typical week.Trust reinforces the value of convenient vehicle maintenance: When choosing where to maintain their vehicle, convenience is often a common benefit, but 35% of Americans also prioritize the option they trust most, along with 17.4% who prioritize the lowest price and 12.6% who prioritize the fastest option.Consumers want low-pressure, transparent service: When making a wise choice for auto services, consumers do not want to be pressured (49.9%), and also value transparent pricing (47.8%) and things explained plainly (42.3%).Rising costs are making Americans more deliberate: Nearly half of Americans (47.1%) say they compare more options before choosing when costs go up, while 30.4% say they prioritize value over price alone.Relief is a powerful measure of a good decision: More than half of Americans (56.9%) say they feel relieved after making a decision they are happy with, and 47.4% say they feel relieved after getting their vehicle serviced.The report shows Americans increasingly define a good decision as one that reduces stress, avoids regret and helps them move on with confidence.The findings suggest that in an environment defined by more information, more options and more pressure, Americans are looking for convenience and also for choices that feel informed, trustworthy and sensible — and for brands that can make those choices easier.The findi
This honor reinforces the company’s standing as a leader in learning, development and workforce growth LEXINGTON, Ky.,--(BUSINESS WIRE)-- 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 Change® has been named a 12-time winner of the Association for Talent Development (ATD) BEST Award, placing the organization among ATD’s Best of the Best winners.This year, 61 organizations from around the globe were honored with BEST awards including nine companies named Best of the Best for being a 10-time or more winner.“Our people are at the heart of everything we do,” said Kyle McMahon, Vice President of Operations-West Region. “Being recognized among ATD’s Best of Best winners reflects our commitment to developing talent and fostering a culture of continuous learning and growth.”The BEST award is the talent development industry’s most prestigious and rigorous recognition. The global program honors companies that demonstrate enterprise-wide success through talent development strategies and innovative learning practices. Nominees undergo a thorough evaluation process led by experts in the field.About Valvoline Inc. Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at more than 2,400 franchised and company-operated service centers across the United States and Canada. The Company completes more than 30 million services annually system-wide, from about 15-minute stay-in-your-car oil changes to a variety of manufacturer-recommended maintenance services such as wiper replacements and tire rotations. At Valvoline Inc., it all starts with our people, including the 13,000 team members who are working to drive the full potential of our core business, deliver sustainable network growth, and innovate to meet the evolving needs of our customers and the car parc. For more information, visit vioc.com. Investor Relations Elizabeth B. Clevinger +1 (859) 357-3155 IR@valvoline.com Media Relations Angela Davied +1 (913) 302-0032 media@valvoline.com Source: Valvoline Inc.