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Stock impact report

Valvoline Inc (VVV) Reports Strong Growth in Q1 2024 Earnings [Yahoo! Finance]

Valvoline Inc. (VVV) 
Last valvoline inc. earnings: 2/3 05:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Adjusted Earnings : Adjusted EBITDA and adjusted EPS grew by 23% and 81%, respectively. Expansion : 38 new stores added, bringing the total to 1,890 system-wide stores. Shareholder Returns : Over $170 million returned to shareholders through stock repurchases. Liquidity Position : Cash and cash equivalents balance stood at $540 million against a total debt of $1.6 billion. Warning! GuruFocus has detected 7 Warning Signs with VVV. On February 6, 2024, Valvoline Inc ( NYSE:VVV ) released its 8-K filing , announcing the financial results for the first quarter of fiscal year 2024, which ended on December 31, 2023. The company, a leader in automotive maintenance with a focus on lubricants and other maintenance products, reported a robust start to the year with significant growth in sales and profitability. Valvoline Inc ( NYSE:VVV ) is renowned for its production, marketing, and sales of automotive maintenance products, including a wide range of lubricants. The company's stron Show less Read more
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