secwatch.observer — SEC 8-K summary
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Issuer:     VALVOLINE INC (VVV)
CIK:        0001674910
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001674910-24-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674910/000167491024000031/0001674910-24-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674910/000167491024000031/vvv-20240206.htm
  HTML page:      https://secwatch.observer/filing/0001674910-24-000031

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