Valvoline Q1 sales up 31% to $858M; adjusted EPS $0.48 +12%

VALVOLINE INC

2022-Q1 EPS reported $0.48 revenue$858,000,000

Reported net income $87M flat; EPS $0.48 +2%; adjusted EBITDA $156M +5%.
Retail Services sales $346M (+36%), system-wide same-store sales +24.7%, unit additions +7%.
Global Products sales $512M (+28%), volume +13%; operating income declined 20% on price-cost lag.
Returned $54M to shareholders via dividends and buybacks.
CEO cites robust demand and progress on segment separation.

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