LEXINGTON, Ky., April 22, 2025 /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, 2025. A live audio webcast with analysts and investors will also be held on May 8, 2025 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.
LEXINGTON, Ky., April 11, 2025 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV) today announced that the Company and Greenbriar Equity Group, L.P. ("Greenbriar") each received a Request for Additional Information and Documentary Material ("Second Request") from the U.S. Federal Trade Commission ("FTC") as part of the agency's regulatory review of Valvoline's proposed acquisition of Breeze Autocare from Greenbriar.
LEXINGTON, Ky., Feb. 20, 2025 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that it has signed a definitive agreement to acquire Breeze Autocare from Greenbriar Equity Group, a middle market private equity firm. Breeze Autocare is a strong operator of nearly 200 stores across 17 states, predominantly under the Oil Changers brand. Valvoline will acquire the business for approximately $625 million in cash, which Valvoline intends to fund with a newly issued Term Loan B.
Delivers 11% top-line growth, 8% system-wide SSS growth, and 35 store additions
LEXINGTON, Ky., Feb. 6, 2025 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today reported financial results for its first quarter ended December 31, 2024. All comparisons in this press release are made to the same prior-year period unless otherwise noted.
Valvoline Instant Oil ChangeSM aligns with two great athletic programs to showcase their commitment to training and expertise
LEXINGTON, Ky., Jan. 23, 2025 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced it is the proud sponsor of The Ohio State University Athletics and University of Tennessee Athletics. The partnership kicked off as Ohio State and Tennessee participated in the first 12-team College Football Playoff and will continue with the 2024-25 basketball and hockey seasons.
LEXINGTON, Ky., Jan. 22, 2025 /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 first quarter on February 6, 2025. A live audio webcast with analysts and investors will also be held on February 6, 2025 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.
This is the second consecutive year the company ranked first in the automotive services retailer category
LEXINGTON, Ky., Jan. 15, 2025 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, has been recognized as a top franchisor in Entrepreneur's 46th annual Franchise 500®. This is the second year the company ranked as the leading automotive services retailer and 24th overall among the top 500 franchise brands for 2025.
Company is 18th on Forbes "Best Customer Service 2025" Ranking
LEXINGTON, Ky., Jan. 6, 2025 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, has been recognized for providing excellent customer service as ranked by Forbes in its "Best Customer Service 2025" list. Valvoline was the top-ranked instant oil change company and placed 18th among the 300 brands included on the list.
As Americans brace for cold temperatures and winter storms, it's important to prepare vehicles for extreme conditions
LEXINGTON, Ky., Jan. 3, 2025 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, encourages drivers to prepare their vehicles as a polar vortex descends on much of the United States bringing severe winter weather conditions like freezing temperatures and heavy snowfall.
LEXINGTON, Ky., Nov. 21, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that the company will participate in a fireside chat at the Morgan Stanley Global Consumer and Retail Conference on Tuesday, December 3, at 3:00 p.m. ET.
A live audio webcast will be available on Valvoline's investor relations website at http://investors.valvoline.com. Following the live event, an archived version of the webcast will be available on the website.
FEP to Acquire 38 Valvoline Company-Owned Stores in Austin, San Antonio, El Paso and West Texas Markets
NEW YORK, Nov. 19, 2024 /PRNewswire/ -- Franchise Equity Partners (FEP), a private investment firm on a mission to create long-term partnerships with quality franchisees and franchisors, today announced a strategic partnership with Valvoline Inc., the trusted leader in preventive automotive maintenance. As part of the agreement, FEP will acquire 38 of Valvoline's company-owned stores in West Texas, including markets in Austin, San Antonio, El Paso, and surrounding regions. The stores will be franchised and operated under the newly formed entity, Velocity Auto Care.
Sales of $1.6 billion and system-wide store sales of $3.1 billion each growing 12%, delivering 18th fiscal year of system-wide SSS growth
Fiscal year highlights
Sales from continuing operations of $1.6 billion grew 12%, driven by system-wide same-store sales (SSS) growth of 6.7%Store count increased nearly 9% YoY, bringing system-wide total to 2,010Reported income from continuing operations of $215 million grew 8% and earnings per diluted share (EPS) of $1.63 increased 33%Continuing operations adjusted EBITDA of $443 million increased 17% while adjusted EBITDA margin improved 100 bps to 27.3%, adjusted EPS of $1.57 increased 33%Returned $227 million in cash to shareholders via share repurchasesLEXINGTON, Ky., Nov. 19, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, announces it intends to refranchise 38 existing Valvoline Instant Oil ChangeSM service centers to a new franchisee, Velocity Auto Care. The service centers are located in Austin, San Antonio, El Paso and west Texas.
"One of our strategic priorities is accelerating our network growth," said Lori Flees, Valvoline Inc. President and Chief Executive Officer. "We are pleased to have franchisees that can expand select markets more rapidly than the company was planning. More service centers, whether owned and operated by the company or a franchise, deliver more convenience for our customers, more opportunities for our team members, and more value to our shareholders. We look forward to many years of outstanding partnership with our newest franchisee, Velocity Auto Care."
Customers can donate at participating Valvoline Instant Oil Change or Great Canadian Oil Change locations through November 30.
LEXINGTON, Ky., Nov. 1, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, kicks off its annual in-store fundraising campaign for Children's Miracle Network Hospitals, Nov. 1-30, 2024. This marks 15 years of Valvoline Inc. supporting Children's Miracle Network Hospitals. To date, the Company has raised more than $6 million for children's hospitals.
LEXINGTON, Ky., Oct. 28, 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 fourth quarter on November 19, 2024. A live audio webcast with analysts and investors will also be held on November 19, 2024 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.
LEXINGTON, Ky., Oct. 21, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that Valvoline Instant Oil Change℠ ranks 40th in the Franchise Times Top 400. The Franchise Times Top 400 is the most comprehensive ranking of the largest U.S. franchise systems. Its results are determined by global systemwide sales from the previous year and based on a five-month research and reporting process that considers a variety of factors.
LEXINGTON, Ky., Oct. 18, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance announces the planned retirement of its Chief Financial Officer Mary Meixelsperger. Meixelsperger will continue as CFO until a successor is hired and will remain with the Company through the subsequent transition period. The Company has initiated a comprehensive search with the assistance of a leading executive search firm to identify a successor for this position, which will include both internal and external candidates.
The company continues its accelerated growth toward goal of 3,500 service centers
LEXINGTON, Ky., Oct. 3, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, announces that in September it opened its 2,000th location under the Valvoline Instant Oil ChangeSM and Great Canadian Oil Change brands. This advances the Company's efforts to expand its network of services centers to 3,500 in the United States and Canada.
LEXINGTON, Ky., Oct. 1, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that Valvoline Great Canadian Oil Change ranks highest among aftermarket service facilities in J.D. Power's 2024 Canada Customer Service Index–Long-Term Study.
"Our Great Canadian Oil Change team is honored to be recognized by the communities we proudly serve," said Lori Flees, Valvoline Inc. President & Chief Executive Officer. "It's important to us to help make expert vehicle care easy for everyone. We appreciate that for most people, their car is a major investment, and we are committed to helping them get the most life out of it with quick, easy, trusted service."
LEXINGTON, Ky., Oct. 1, 2024 /CNW/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that Valvoline Great Canadian Oil Change ranks highest among aftermarket service facilities in J.D. Power's 2024 Canada Customer Service Index–Long-Term Study.
"Our Great Canadian Oil Change team is honored to be recognized by the communities we proudly serve," said Lori Flees, Valvoline Inc. President & Chief Executive Officer. "It's important to us to help make expert vehicle care easy for everyone. We appreciate that for most people, their car is a major investment, and we are committed to helping them get the most life out of it with quick, easy, trusted service."
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