Valvoline Inc (NYSE:VVV) reported better-than-expected earnings for the second quarter on Thursday.
The company posted quarterly earnings of 41 cents per share which beat the analyst consensus estimate of 34 cents per share. The company reported quarterly sales of $503.800 million which beat the analyst consensus estimate of $495.575 million.
Valvoline raised its FY2026 adjusted EPS guidance from $1.60-$1.70 to $1.65-$1.75 and affirmed FY2026 sales guidance of $2.000 billion-$2.100 billion.
“We delivered a strong second quarter with results that reflect our focus on driving the full potential of the core business,” said Lori Flees, President & CEO. “Top-line sales grew 25% underpinned by system-wide same-store sales growth of 8.2% and the …
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