Valvoline Inc. Reports Second Quarter Results; Delivers sales of $403 million, 5.8% system-wide SSS growth; Announces new CFO

Published: 2025-05-09 11:08:14 ET VVV

Published on 05/09/2025 at 11:08

LEXINGTON, Ky. - Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today reported financial results for its second quarter ended March 31, 2025. All comparisons in this press release are made to the same prior-year period unless otherwise noted.

'For the second quarter, the business performed in line with our expectations and we are encouraged by the resiliency of our business in light of the uncertain macro and tariff environment,' said Lori Flees, President and CEO. 'We have moved quickly to mitigate any meaningful headwinds of potential tariff impacts and continue to stay close to the evolving trade policies. We are reiterating guidance for fiscal year 2025.'

Flees continued, 'During the quarter, we announced the signing of a definitive agreement to acquire Breeze Autocare which would allow us to accelerate our growth and earnings potential. In April, we received a Second Request from the Federal Trade Commission and we continue to work to gain approval to close the transaction.'

Continuing Operations - Operating Results

Sales of $403 million grew 4%, 11.0% considering the impact of refranchising

System-wide store sales grew 11% to $826 million and system-wide SSS grew 5.8%

Reported income from continuing operations of $38 million declined 12% and earnings per diluted share (EPS) of $0.30 decreased 9%

Adjusted EBITDA of $104 million declined 1% and would have increased 6% considering the impact of refranchising

Adjusted EPS of $0.34 decreased 8% primarily driven by the impact of refranchising

Net store additions in the quarter totaled 33 (15 franchise and 18 company-operated additions)

https://mediaroom.valvoline.com/2025-05-08-Valvoline-Inc-Reports-Second-Quarter-Results