secwatch.observer — SEC 8-K summary
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Issuer:     VALVOLINE INC (VVV)
CIK:        0001674910
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0001674910-21-000112
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Valvoline Q4/FY2021: EPS $2.29 (+36%), sales $3B (+27%); reiterates separation plan
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- FY2021 reported net income $420M (+32%), EPS $2.29; adjusted EPS $1.95 (+37%).
- Sales grew 27% to $3B; Retail Services sales +38%, Global Products +20%.
- Retail Services system-wide same-store sales +21.2% for FY; store count +9% to 1,594.
- Q4 net income $168M (+38%), adjusted EPS $0.50 (+11%), sales $835M.
- Company reiterates plan to separate Retail Services and Global Products; no timetable set.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674910/000167491021000112/0001674910-21-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674910/000167491021000112/vvv-20211103.htm
  HTML page:      https://secwatch.observer/filing/0001674910-21-000112

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer