---
schema_version: "secwatch.filing_event.v1"
accession: "0001674910-24-000062"
form_type: "8-K"
ticker: "VVV"
cik: "0001674910"
company_name: "VALVOLINE INC"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T10:57:13.913953+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Valvoline Q2 EPS +74% on 13% revenue growth; system-wide SSS +7.7%

## Summary
- Revenue from continuing ops $389M (+13%); reported EPS $0.33 (+74%), adjusted EPS $0.37 (+61%).
- Adjusted EBITDA $105M (+21%); system-wide same-store sales up 7.7%.
- Added 38 net stores (14 franchised, 24 company-operated); total system-wide stores 1,928.
- Completed $1.6B share repurchase authorization after $40M in Q2 repurchases.
- FY 2024 guidance narrowed for certain key metrics; store growth continues.

## SEC filing metadata
- accession: 0001674910-24-000062
- form_type: 8-K
- ticker: VVV
- cik: 0001674910
- company_name: VALVOLINE INC
- filed_at: 2024-05-08T23:59:59+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/1674910/000167491024000062/0001674910-24-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674910/000167491024000062/vvv-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001674910-24-000062
- JSON: https://secwatch.observer/filing/0001674910-24-000062.json
- Plain text: https://secwatch.observer/filing/0001674910-24-000062.txt

## Key facts
- Earnings Releases
  VALVOLINE INC reported fiscal second quarter ended March 31, 2024 results: revenue $389 million, net income $43 million, EPS $0.33.
  - Period: fiscal second quarter ended March 31, 2024
  - Revenue: $389 million
  - Net income: $43 million
  - EPS: $0.33
  - Result: reported results
  source text: Valvoline Inc. Reports Second Quarter Results Delivers 7.7% system-wide SSS growth and 38 net store additions • Sales from continuing operations of $389 million grew 13%, driven by system-wide same store sales (SSS) growth of 7.7% • Reported income from continuing operations of $43 million grew 32% and earnings per diluted share (EPS) of $0.33 increased 74%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674910/000167491024000062/0001674910-24-000062-index.htm

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