Welcome to our dedicated page for Valvoline news (Ticker: $VVV), a resource for investors and traders seeking the latest updates and insights on Valvoline stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Valvoline's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Valvoline's position in the market.
Valvoline Inc. reported strong second-quarter results with system-wide same-store sales growth of 7.7%, $389 million in sales, and 38 net store additions. The company saw a 13% revenue increase, 32% growth in income from continuing operations, and a 74% rise in earnings per diluted share. Adjusted EBITDA grew by 21% and adjusted EPS by 61%. Valvoline also repurchased $40 million of shares in the quarter, completing a $1.6 billion repurchase authorization.
