Valvoline Inc.

Valvoline Inc. Earnings Recaps

VVV Energy 3 recaps
Q2 2026 May 9, 2026

Valvoline’s shares rose 4.2% following a quarter that delivered better-than-expected sales growth, margin expansion, and improved free cash flow, with management raising full-year same-store sales, EBITDA, and EPS guidance.

Key takeaways
  • Net sales increased 25% to $504 million, driven by core growth and full-quarter contribution from Breeze Auto Care.
  • System-wide same-store sales rose 8.2%, supported primarily by higher ticket average rather than transactions alone.
  • EBITDA grew 28% to $134 million, with margin expansion of 60bps to 26.5%, aided by improved SG&A leverage and cost efficiencies.
  • Free cash flow improved by roughly $57 million year-over-year to $45 million, while net debt to adjusted EBITDA edged down to 3.1x.
  • Management noted rising product costs entering Q3 due to the Middle East conflict but are mitigating impacts through pricing actions and expect to sustain growth momentum.
Full recap
Q1 2026 Feb 4, 2026

Valvoline's Q1 Fiscal 2026 results showcased robust growth, with net sales increasing by 11% and adjusted EBITDA climbing significantly, fueled by effective productivity gains and network expansion.

Key takeaways
  • System-wide same-store sales surged 13.8%, driven by net price increases and premiumization strategies.
  • Net sales reached $462 million, marking a 15% growth on an adjusted basis, despite past refranchising impacts.
  • The company successfully integrated 162 new stores from the Breeze transaction, enhancing its network and scaling towards a 3,500-store target.
  • Adjusted EBITDA margin improved by 60 basis points to 25.4%, reflecting strong operational efficiency.
  • Valvoline’s franchise model was recognized as the top automotive services brand in Entrepreneur's Franchise 500 for the fourth consecutive year.
Full recap
Q4 2025 Nov 19, 2025

Valvoline Inc. delivered strong fourth-quarter and full-year results, highlighted by continued double-digit same-store sales growth and significant store network expansion, with robust adjustments in EBITDA.

Key takeaways
  • Achieved $3.5 billion in system-wide sales, marking the nineteenth year of consecutive same-store sales growth.
  • Added 170 new system-wide stores in fiscal 2025, enhancing total stores to 2,180 across North America.
  • Adjusted EBITDA increased significantly, reflecting strong core business performance and efficiency initiatives.
  • Capital expenditures exceeded guidance, driven by strategic new store additions as growth momentum continues into fiscal 2026.
  • Integration of advanced scheduling tools has improved labor productivity and cost management in company-operated stores.
Full recap