Valvoline(NYSE) VVV

Valvoline Inc. helps drivers keep their cars running well. The company makes oil changes fast and easy for busy people. It also replaces parts like batteries and wipers for car safety.

What Is Under the Hood?

• Retail Service Centers: Provides quick oil changes and preventive maintenance through approximately 2,500 company-operated and franchised locations.
• Preventive Maintenance: Includes battery, bulb, and wiper replacements plus tire rotations and other manufacturer-recommended services.
• Fleet Services: Offers specialized maintenance programs and service expansion for commercial and professional vehicle groups.
• Complementary Products: Supplies various fluids and automotive parts to dealerships and independent repair shops.

Growing the Store Network

• Acquired 100% of Breeze Autocare on Dec. 1, 2025, for total cash consideration of $637.4 million.
• Added 204 service center stores primarily under the Oil Changers brand through the Breeze acquisition.
• Divested 45 stores immediately following the Breeze acquisition to satisfy regulatory requirements.
• Sold 10 company-operated stores to a franchisee during the first quarter of fiscal 2026.

Why Valvoline Stays Quick

Valvoline uses data insights and proprietary technology to speed up service times in its maintenance bays. The company manages a large network of approximately 2,500 locations across the United States and Canada.

Valvoline by the Numbers

• Net revenues grew 24% to $544.6 million in the third fiscal quarter of 2026.
• System-wide same-store sales increased 8.0% during the three months ended June 30, 2026.
• Income from continuing operations reached $65.0 million in the third fiscal quarter of 2026, up 14% year over year.
• Adjusted EBITDA, a non-GAAP metric, rose 25% year over year to $162.4 million in the third fiscal quarter of 2026.

The Road Ahead

Valvoline has evolved into a dedicated automotive retail services provider focused on fast preventive maintenance. Its growth strategy relies on expanding its store network and improving operational efficiency through technology.