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.
Valvoline Inc. (NYSE: VVV) maintains its position as a global leader in automotive maintenance solutions through continuous innovation in lubricant technology and preventive care services. This news hub provides investors and industry professionals with essential updates on corporate developments, financial performance, and market initiatives.
Access real-time updates including earnings reports, product innovations, and strategic partnerships. Our curated collection features official press releases alongside third-party analysis of Valvoline's franchising expansions, environmental initiatives, and advancements in synthetic oil formulations.
Key coverage areas include quarterly financial results, service network growth, technical certifications, and leadership changes. Bookmark this page for streamlined tracking of Valvoline's operational milestones in the competitive automotive services sector.
Valvoline Inc. (NYSE: VVV) announced a quarterly cash dividend of $0.125 per share, payable on June 15, 2021, to shareholders of record as of May 28, 2021. This marks a continued commitment to returning value to shareholders. As a key player in the automotive lubricant industry, Valvoline operates over 1,500 quick-lube locations worldwide, highlighting its strong market presence in more than 140 countries.
Valvoline Inc. (NYSE: VVV) plans to release its fiscal second quarter financial results on April 28, 2021, following market closure. A live audio webcast with analysts and investors is scheduled for 9 a.m. ET on April 29, 2021. The webcast will be accessible on the company's Investor Relations website, with a replay available shortly after the call. Valvoline operates over 1,500 quick-lube locations and ranks highly in both the U.S. and Canada as a leading supplier of lubricants and automotive services.
Valvoline Inc. (NYSE: VVV) has launched Valvoline High Mileage 150k with MaxLife Plus Technology Synthetic Blend, specifically engineered for vehicles exceeding 150,000 miles. This innovative engine oil reduces oil consumption and enhances wear protection, improving overall engine performance. The average age of vehicles is currently 11.95 years, with trends reflecting increased longevity due to COVID-19 impacts. The product addresses critical issues such as oil leaks and oxidation, marking Valvoline's continued leadership in high mileage vehicle solutions since 1866.
Henley Enterprises, the largest franchisee of Valvoline Instant Oil Change (VIOC), plans to expand its retail presence in Southern California, creating over 100 jobs in areas including San Diego, Orange, Los Angeles, and Riverside counties. Positions available range from Entry Level Automotive Technicians to Service Center Managers. With nearly 30 years of service, VIOC operates over 225 locations in 11 states. Henley emphasizes employee development and offers competitive pay, flexible work schedules, and training for new hires.
Henley Enterprises, the largest franchisee of Valvoline Instant Oil Change (VIOC), plans to expand its retail locations in New England, adding over 60 jobs across Boston, Manchester, and Providence. This growth follows a return to normal traffic levels. Job openings include various positions from Entry Level Automotive Technicians to Service Center Managers, highlighting Henley's commitment to employee development through comprehensive training and benefits. With over 225 locations in 11 states, Henley aims to support its workforce and foster career growth.
Valvoline Inc. (NYSE: VVV) has launched its new Valvoline™ Full Synthetic Extended Protection motor oil, deemed its most advanced product yet. The oil is proven to be 10 times stronger against breakdown and offers 50% better engine wear protection compared to industry standards. Designed to enhance engine performance and longevity, it addresses critical issues in today's high-performance engines, including thermal stability and cleanliness. The product surpasses the latest oil specifications and offers additional protection against common engine problems.
Valvoline Inc. (NYSE: VVV) has announced a landmark partnership with the Toronto Blue Jays for the 2021 MLB season. This collaboration marks Valvoline Canada's first alignment with a Canadian sports team, enhancing its brand visibility across the nation. Valvoline will utilize various marketing channels, including social media, outdoor advertising, and in-stadium promotions during 80 home games. The partnership aims to celebrate Valvoline's heritage as 'The Original Motor Oil' and connect with Canadian audiences.
Valvoline Inc. (NYSE: VVV) has improved its CDP score to a "B" in its inaugural year of public reporting, indicating significant progress in sustainability efforts. The enhancement is attributed to better operational efficiencies and innovative product development aimed at lowering greenhouse gas emissions. Valvoline collaborated with Schneider Electric for support in energy tracking and sustainability strategies, utilizing the EcoStruxure™ Resource Advisor platform to advance its environmental initiatives. This commitment highlights Valvoline's dedication to minimizing environmental impacts while maintaining quality service.
Valvoline Inc. (NYSE: VVV) will launch its 2nd annual Mechanics' Month campaign in March 2021, aimed at honoring mechanics worldwide for their essential services during the COVID-19 pandemic. This 31-day international initiative will feature social media tributes, giveaways, and collaborations to raise awareness of mechanics' contributions. Valvoline's Senior VP, Jamal Muashsher, emphasized the importance of recognizing these professionals as vital to keeping services operational during challenging times. This campaign reflects Valvoline's commitment to supporting the automotive service industry.