Valvoline sells Global Products to Aramco for $2.65B; posts preliminary Q3 revenue $957M and EPS $0.55

VALVOLINE INC

Sale of Global Products business to Aramco affiliate for $2.65B cash; net after-tax proceeds ~$2.25B to be used for share repurchases, debt reduction, and retail investments.
Transaction expected to close late 2022 or early 2023; subject to regulatory approvals and customary conditions.
Preliminary Q3 FY2022 revenue $957M, reported diluted EPS $0.55, adjusted EPS $0.58.
Retail Services sales growth 16% YoY, system-wide same-store sales growth 9.9%, store count 1,690.
Global Products sales growth 24%, volume growth 9%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.