Valvoline Inc. Reports Fourth-Quarter and Fiscal Year 2023 Results

LEXINGTON, Ky., Nov. 9, 2023 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today reported financial results for its …

CouponFollow Extension

12%
OFF

Valvoline Inc (VVV) Q4 2024 Earnings Call Highlights: Strong Sales ...

4 days from now

5 days ago · System-wide Store Sales: $3.1 billion, a 12% increase over the prior year. Same-Store Sales Growth: 6.7% for the fiscal year. Number of Stores: Ended the year with 2,010 …

yahoo.com

$1
OFF

Valvoline Inc. Reports Third Quarter Results - Aug 7, 2024

4 days from now

Aug 7, 2024 · Valvoline Inc. Reports Third Quarter Results. ... In fiscal year 2023, Valvoline's network delivered approximately 27 million services to generate $1.4 billion in revenue from …

valvoline.com

$776
OFF

IES Holdings Reports Fiscal 2024 Fourth Quarter And Full Year …

4 days from now

3 days ago · --IES Holdings, Inc. today announced financial results for the quarter and fiscal year ended September 30, 2024. Revenue of $776 million for the fourth quarter of fiscal 2024, an …

nasdaq.com

$315
OFF

Keysight Technologies Reports Fourth Quarter And Fiscal Year …

4 days from now

5 days ago · Keysight Technologies, Inc. today reported financial results for the fourth fiscal quarter and fiscal year ended October 31, 2024. This loss reflects a $315 million tax expense …

nasdaq.com

$2
OFF

Valvoline Inc. Reports Fourth Quarter And Fiscal Year 2024 Results

4 days from now

6 days ago · Includes remeasurement adjustments recorded in the fourth quarter, which resulted in a gain of $2.4 million and a gain of $41.6 million in fiscal 2024 and 2023, respectively.

prnewswire.com

$60
OFF

I3 Verticals Reports Fourth Quarter And Full Fiscal Year 2024 …

4 days from now

6 days ago · Highlights from continuing operations 1 for the fiscal fourth quarter and full fiscal year of 2024 vs. 2023. Fourth quarter revenue from continuing operations was $60.9 million, an …

businesswire.com

$95
OFF

Golub Capital BDC, Inc. Announces Fiscal Year 2024 Fourth Quarter ...

4 days from now

5 days ago · Consolidated Results of Operations. For the fourth fiscal quarter of 2024, the Company reported GAAP net income of $95.2 million or $0.36 per share and Adjusted Net …

nasdaq.com

FAQs about Valvoline Inc. Reports Fourth-Quarter and Fiscal Year 2023 Results Coupon?

Does Valvoline Inc (VVV) have a warning sign?

Warning! GuruFocus has detected 4 Warning Sign with VVV. On November 9, 2023, Valvoline Inc ( NYSE:VVV ), a leader in automotive preventive maintenance, released its financial results for the fourth quarter and the full fiscal year ended September 30, 2023. ...

How did Valvoline grow in fiscal year 2024?

Valvoline Inc (NYSE:VVV) added 158 new stores in fiscal year 2024, demonstrating strong network growth. The company continues to see growth in its fleet business, with transactions growing at over a 14% compounded annual growth rate over the last three years. ...

What will Valvoline do with $225 billion?

Valvoline, based in Lexington, Kentucky, will use about $2.25 billion from the $2.65 billion sale to return money to shareholders, reduce debt, and invest in its retail services. The company will become a ‘pure-play automotive service provider’ and target earnings-per-share growth of more than 20%. ...

How did Valvoline perform in the fourth quarter?

For the fourth quarter, Valvoline Inc ( NYSE:VVV) reported sales from continuing operations of $390 million, a 16% increase. System-wide SSS grew by 10.0%, and the company saw a significant 505% growth in income from continuing operations, which amounted to $75 million. EPS for the quarter increased by 657% to $0.53. ...

How did Valvoline (VVV) perform in fiscal year?

Valvoline Inc ( NYSE:VVV) announces a 17% increase in sales from continuing operations, reaching $1.4 billion for the fiscal year. Income from continuing operations surged by 82%, with an impressive 102% increase in EPS. System-wide same-store sales (SSS) grew by 11.9%, marking the 17th consecutive year of SSS growth. ...

Why does Valvoline face margin pressure?

Valvoline Inc (NYSE:VVV) faces potential margin pressure due to expected increases in labor costs and uncertainties around product costs. The company anticipates a more challenging consumer environment, which may impact its ability to take pricing actions at the same level as in the past. Q: Comps were a bit light this quarter. ...