Valvoline Inc. Reports Third Quarter Results
VVVValvoline(VVV) Prnewswire·2024-08-07 19:00

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 operations adjusted EBITDA of $123 million increased 12% and adjusted EPS of $0.45 ...