---
schema_version: "secwatch.filing_event.v1"
accession: "0001674910-24-000031"
form_type: "8-K"
ticker: "VVV"
cik: "0001674910"
company_name: "VALVOLINE INC"
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:15:44.258058+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Valvoline Q1 FY2024: Revenue $373M (+12%), adjusted EPS $0.29 (+81%), SSS +7.1%

## Summary
- Revenue $373M (+12% YoY); system-wide same-store sales +7.1%.
- Adjusted EBITDA $90.2M (+23%); adjusted EPS $0.29 (+81%).
- Added 38 stores (19 franchised, 19 company-operated); total system stores 1,890.
- Repurchased >$170M of stock in Q1; $40M remaining on current authorization.
- Reported income from cont ops $33.9M (+26%); GAAP EPS $0.26 (+73%).

## SEC filing metadata
- accession: 0001674910-24-000031
- form_type: 8-K
- ticker: VVV
- cik: 0001674910
- company_name: VALVOLINE INC
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674910/000167491024000031/0001674910-24-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674910/000167491024000031/vvv-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001674910-24-000031
- JSON: https://secwatch.observer/filing/0001674910-24-000031.json
- Plain text: https://secwatch.observer/filing/0001674910-24-000031.txt

## Key facts
- Earnings Releases
  VALVOLINE INC reported first quarter of fiscal 2024, which ended December 31, 2023 results: revenue $373 million, net income $34 million, EPS $0.26.
  - Period: first quarter of fiscal 2024, which ended December 31, 2023
  - Revenue: $373 million
  - Net income: $34 million
  - EPS: $0.26
  - Result: reported results
  source text: • Sales from continuing operations of $373 million grew 12%, driven by system-wide same store sales (SSS) growth of 7.1% • Reported income from continuing operations of $34 million grew 26% and earnings per diluted share (EPS) of $0.26 increased 73%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674910/000167491024000031/0001674910-24-000031-index.htm

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