Overview
U.S. automotive service provider's Q2 revenue rose 25% yr/yr, driven by new stores and SSS growth
Adjusted EPS rose 21%, exceeding analyst expectations
Company raised full-year guidance for adjusted EBITDA and adjusted EPS
Outlook
Valvoline raises fiscal 2026 adj EBITDA outlook to $540-$560 mln from $525-$550 mln
Company lifts fiscal 2026 adj EPS guidance to $1.65-$1.75 from $1.60-$1.70
Valvoline maintains fiscal 2026 net revenue forecast at $2.0-$2.1 bln
Result Drivers
SAME-STORE SALES GROWTH - System-wide SSS rose 8.2%, contributing to overall revenue growth
NEW STORE CONTRIBUTION - New stores, including those from the Breeze acquisition, added to sales growth
PRODUCTIVITY AND SG&A LEVERAGE - Higher store productivity and improved SG&A leverage supported profit growth and margin expansion
Company press release: ID:nBw4jZCgya
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$504 mln
Q2 Adjusted EPS
Beat
$0.41
$0.34 (14 Analysts)
Q2 EPS
$0.35
Q2 Adjusted EBITDA
$134 mln
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)