secwatch.observer — SEC 8-K summary
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Issuer:     VALVOLINE INC (VVV)
CIK:        0001674910
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001674910-22-000053
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Valvoline Q2 net income up 19% to $81M; sales +26% to $886M; reaffirms FY guidance
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- Reported EPS $0.45 (+22% YoY); adjusted EPS $0.48 flat; adjusted EBITDA $158M (+1%).
- Retail Services sales $350M (+23%); system-wide same-store sales +13.1%; unit additions +7%.
- Global Products sales $536M (+29%) on 9% volume growth; operating income $74M (+1%).
- Returned $57M to shareholders via dividends and share repurchases.
- Full-year guidance reaffirmed: adjusted EBITDA $675-700M, adjusted EPS $2.07-$2.20.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674910/000167491022000053/0001674910-22-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674910/000167491022000053/vvv-20220509.htm
  HTML page:      https://secwatch.observer/filing/0001674910-22-000053

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