VALVOLINE INC. DL-,01

Broyhill Asset Management named Valvoline a top contributor in Q2 after the company’s shares rose 18%. Comparable sales grew 8.2% versus consensus near 5.4%, adjusted EBITDA increased 28%, and management raised guidance for comparable sales, EBITDA and earnings. Valvoline added 31 stores to reach 2,409 locations, with ticket sales accounting for about two-thirds of revenue gains; the stock closed at $30.37 on Sept. 14 and has a market cap of $3.87 billion. » More on finance.yahoo.com

At the Goldman Sachs conference Valvoline announced plans to grow from just under 2,500 locations to 2,900 by the end of 2028 and to more than 3,500 stores long term, supported by new openings, acquisitions and franchise partnerships. Management emphasized high customer retention (>80%), a rising share of premium oils (around 80%) and operational efficiency through standardized processes and training. In view of geopolitically driven raw material shortages, Valvoline expects lubricant costs to rise by up to 60% above pre‑crisis levels by Q4 and has raised company prices by $5–7 per oil change; pass‑through to franchisees is to become more transparent and quicker. Integration of Breeze Autocare is proceeding slowly but successfully, and management is prioritizing profitability over pure growth, while AI/automation are expected to deliver moderate SG&A savings by 2027. » More on de.investing.com

Valvoline has issued $600 million of senior notes due 2034 with a 6.125% coupon; the deal size was increased from the originally planned $500 million. The unsecured bonds are guaranteed by subsidiaries and are intended to fully repay the first‑lien secured term‑loan A facility and to partially repay the term‑loan B facility. The transaction is expected to close on August 24, 2026; the company also plans to increase and extend its revolving credit facility to $600 million. » More on de.investing.com

Valvoline reported Q3 fiscal 2026 sales up 24% to $545 million, adjusted EBITDA up 25% to $162 million and adjusted EPS of $0.57, with system-wide same-store sales growth of 8% and a network exceeding 2,400 locations. Management said constrained Group III base-oil supply has driven finished lubricant costs sharply higher and implemented pricing actions, but expects roughly 300–400 basis points of EBITDA margin compression in Q4. The company raised its full-year same-store-sales and sales guidance to $2.05–$2.1 billion while maintaining adjusted EBITDA guidance of $550–$560 million and adjusted EPS of $1.70–$1.75, and plans continued focus on leverage reduction and restarting buybacks. » More on finance.yahoo.com

Valvoline reported adjusted Q3 earnings of $0.57 per share and revenue of $544.6 million, beating Wall Street expectations. The company raised its same-store revenue forecast for the full year but warned that gross margins are likely to compress by 300–400 basis points in Q4 due to higher lubricant costs. Systemwide store sales rose 19% and the network grew by a net 47 locations; the stock fell 5.4% in premarket trading on the negative margin outlook. » More on de.investing.com