{"schema_version":"secwatch.filing_event.v1","accession":"0001674910-23-000029","form_type":"8-K","ticker":"VVV","cik":"0001674910","company_name":"VALVOLINE INC","filed_at":"2023-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.097255+00:00","generated_at":"2026-06-19T22:59:42.222033+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Valvoline Q1 sales up 16% to $332.8M; reaffirms FY adjusted EBITDA guidance","bullets":["Sales from continuing operations $332.8M (+16% YoY); system-wide same-store sales +11.9%.","Income from continuing operations $27M (-21%); diluted EPS $0.15 (-21%); adjusted EPS $0.16 flat.","Sale of Global Products on track for early 2023 close; $1.6B proceeds for share repurchases over 18 months.","Net store additions 31 (total system 1,746); reaffirms FY2023 continuing ops adjusted EBITDA $370-390M."],"urls":{"canonical":"https://secwatch.observer/filing/0001674910-23-000029","json":"https://secwatch.observer/filing/0001674910-23-000029.json","markdown":"https://secwatch.observer/filing/0001674910-23-000029.md","text":"https://secwatch.observer/filing/0001674910-23-000029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674910/000167491023000029/0001674910-23-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674910/000167491023000029/vvv-20230207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T22:59:42.222033+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0147ca0dab9ffb53261e88a611d8b7b024e7b8e5","claim":"VALVOLINE INC reported fiscal first quarter ended December 31, 2022 results: revenue $332.8 million, net income $27.0 million, EPS $0.15. Guidance reaffirmed.","evidence_excerpt":"year 2023 with $1.6 billion of the net cash proceeds expected to be returned via share repurchases in the 18 months following close • Sales from continuing operations of $332.8 million grew 16%, while system-wide same store sales (SSS) increased 11.9% • Reported income from continuing operations of $27.0 million declined 21% and earnings per diluted share (EPS)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1674910/000167491023000029/0001674910-23-000029-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal first quarter ended December 31, 2022"},{"label":"Revenue","value":"$332.8 million"},{"label":"Net income","value":"$27.0 million"},{"label":"EPS","value":"$0.15"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}