Valvoline (VVV) Reports In-Line Q2 EPS
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Valvoline Reports Second-Quarter Fiscal 2018 Results
May 2, 2018 5:00 PM EDTFor the quarter, Valvoline Instant Oil Change (VIOC) delivers system-wide same-store sales (SSS) growth of 9.6 percent, Core North America premium mix increases 320 basis points and International volume, including unconsolidated joint ventures, grows 3 percent
Reported net income of $67 million and earnings per diluted share (EPS) of $0.33 Adjusted EPS of $0.34 and a 6 percent increase in adjusted EBITDA to $122 million Lubricant volume growth of 1 percent to 45.5 million gallons VIOC system-wide SSS growth of 9.6 percent Repurchased 3.7 million shares for $87 million... More