---
schema_version: "secwatch.filing_event.v1"
accession: "0001674910-22-000091"
form_type: "8-K"
ticker: "VVV"
cik: "0001674910"
company_name: "VALVOLINE INC"
filed_at: "2022-11-15T23:59:59+00:00"
generated_at: "2026-06-21T18:34:19.360549+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Valvoline reports FY2022 adjusted EPS up 9%, announces $1.6B buyback, global products sale on track

## Summary
- Continuing ops revenue $1.2B (+19% YoY); adjusted EBITDA $315.7M (+14%).
- System-wide same-store sales +13.7%; store count up 8% to 1,715 units.
- Board approved $1.6B share repurchase authorization; $231.8M returned to shareholders in FY2022.
- Fiscal 2023 guidance: continuing ops adjusted EBITDA $370M-$390M.
- Global Products sale expected to close early calendar 2023.

## SEC filing metadata
- accession: 0001674910-22-000091
- form_type: 8-K
- ticker: VVV
- cik: 0001674910
- company_name: VALVOLINE INC
- filed_at: 2022-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674910/000167491022000091/0001674910-22-000091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674910/000167491022000091/vvv-20221115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001674910-22-000091
- JSON: https://secwatch.observer/filing/0001674910-22-000091.json
- Plain text: https://secwatch.observer/filing/0001674910-22-000091.txt

## Key facts
- Earnings Releases
  VALVOLINE INC reported fiscal fourth quarter ended September 30, 2022 (continuing operations) results: revenue $335.4 million, net income $12.4 million.
  - Period: fiscal fourth quarter ended September 30, 2022 (continuing operations)
  - Revenue: $335.4 million
  - Net income: $12.4 million
  - Result: reported results
  source text: Continuing operations sales of $335.4 million increased 14%, reported net income of $12.4 million decreased 90%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674910/000167491022000091/0001674910-22-000091-index.htm
- Earnings Releases
  VALVOLINE INC reported fiscal fourth quarter ended September 30, 2022 results: net income $157.7 million, EPS $0.88.
  - Period: fiscal fourth quarter ended September 30, 2022
  - Net income: $157.7 million
  - EPS: $0.88
  - Result: reported results
  source text: Reported net income of $157.7 million declined 7% and EPS of $0.88 decreased 4%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674910/000167491022000091/0001674910-22-000091-index.htm
- Earnings Releases
  VALVOLINE INC reported fiscal year ended September 30, 2022 (continuing operations) results: revenue $1.2 billion, net income $109.4 million.
  - Period: fiscal year ended September 30, 2022 (continuing operations)
  - Revenue: $1.2 billion
  - Net income: $109.4 million
  - Result: reported results
  source text: Continuing operations net revenues of $1.2 billion increased 19%, reported net income of $109.4 million decreased 45%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674910/000167491022000091/0001674910-22-000091-index.htm
- Earnings Releases
  VALVOLINE INC updated its fiscal year 2023 guidance (initiated).
  - Period: fiscal year 2023
  - Guidance: initiated
  - Result: guidance update
  source text: Provides fiscal 2023 guidance for continuing operations adjusted EBITDA of $370 million - $390 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674910/000167491022000091/0001674910-22-000091-index.htm
- Earnings Releases
  VALVOLINE INC reported fiscal year ended September 30, 2022 results: net income $424.3 million, EPS $2.35.
  - Period: fiscal year ended September 30, 2022
  - Net income: $424.3 million
  - EPS: $2.35
  - Result: reported results
  source text: Reported net income of $424.3 million grew 1% and earnings per diluted share (EPS) of $2.35 grew 3%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674910/000167491022000091/0001674910-22-000091-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.