Valvoline Reports Third-Quarter Results
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Valvoline (VVV) Tops Q3 EPS by 4c
August 3, 2020 5:01 PM EDTValvoline (NYSE: VVV) reported Q3 EPS of $0.28, $0.04 better than the analyst estimate of $0.24. Revenue for the quarter came in at $516 million versus the consensus estimate of $506.47 million.
Outlook:
"The resiliency of our business model drove a strong recovery across our segments during Q3, as miles driven trends improved from the unprecedented declines caused by early-stage COVID-19 restrictions," said Mitchell. "Looking forward to Q4, the quarter is off to a good start based on our early view of July results, including same-store... More
