Valvoline Inc

Latest Results (16.05.2026):

Valvoline Inc. (third quarter fiscal 2025, ended June 30, 2025) reported net revenues of $439.0 million, with reported income from continuing operations of $57.0 million (EPS $0.44) and adjusted EBITDA of about $130 million. Revenue rose 4% year-over-year (12% on a refranchising-recast basis), system‑wide store sales grew 10% to ~$890 million, and the company added 46 stores in the quarter.

Sales & profitability

Net revenues: $439.0M (+4% reported; +12% recast for Refranchising). Reported income from continuing operations was $57.0M (+18% YoY) and diluted EPS was $0.44 (+19%). Adjusted EBITDA was $129.5M (+5% reported; +12% recast) and adjusted EPS was $0.47 (+4% reported; +18% recast).

Store network & same-store sales

System‑wide store sales totaled $889.6M (+10% YoY) and system‑wide same‑store sales (SSS) grew 4.9% in Q3. Total system‑wide store count reached 2,124 (up 46 during the quarter), including 983 company‑operated and 1,141 franchised centers.

Cash flow & balance sheet

Cash and cash equivalents: $68.3M; total debt roughly $1.1B (long‑term debt $1,055.9M). Year‑to‑date operating cash flow from continuing operations was $180.0M and free cash flow from continuing operations was $19.7M for the nine months ended June 30, 2025.

Outlook & capital allocation

Valvoline narrowed fiscal 2025 guidance: system‑wide SSS 5.8%–6.4%; net revenues $1.69–$1.72B; adjusted EBITDA $460–$470M; adjusted EPS $1.59–$1.64. The company plans $60M of share repurchases (updated), with system‑wide store additions guidance unchanged (previously 160–185).

Refranchising & non‑GAAP context

Results include the effect of recent refranchising (67 store conversions completed across late FY24/early FY25); the company presents recast comparisons to show performance excluding timing of those transactions. Management also uses non‑GAAP measures (adjusted EBITDA, adjusted EPS, free cash flow) and discloses key adjustments (pension, IT transition, investment/divestiture costs, etc.).