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Valvoline Inc (VVV.N)

VVV.N on New York Stock Exchange

22.40USD
10:36pm IST
Change (% chg)

$0.02 (+0.09%)
Prev Close
$22.38
Open
$22.35
Day's High
$22.59
Day's Low
$22.31
Volume
61,669
Avg. Vol
305,245
52-wk High
$23.90
52-wk Low
$16.90

Latest Key Developments (Source: Significant Developments)

Valvoline Increases Quarterly Dividend
Friday, 15 Nov 2019 

Nov 14 (Reuters) - Valvoline Inc ::VALVOLINE INCREASES QUARTERLY DIVIDEND.VALVOLINE INC - INCREASED QUARTERLY CASH DIVIDEND ON COMPANY'S COMMON STOCK BY NEARLY 7 PERCENT TO $0.113 PER SHARE.  Full Article

Valvoline To Acquire Assets Of Minit Lube In Alberta, Canada
Thursday, 22 Aug 2019 

Aug 22 (Reuters) - Valvoline Inc ::VALVOLINE TO ACQUIRE ASSETS OF MINIT LUBE IN ALBERTA, CANADA.VALVOLINE INC - FINANCIAL TERMS WERE NOT DISCLOSED..  Full Article

Valvoline Reports Second-Quarter Results
Thursday, 2 May 2019 

May 1 (Reuters) - Valvoline Inc ::VALVOLINE REPORTS SECOND-QUARTER RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.35.Q2 EARNINGS PER SHARE $0.33.Q2 SAME STORE SALES ROSE 10.8 PERCENT.Q2 EARNINGS PER SHARE ESTIMATE $0.33 -- REFINITIV IBES DATA.Q2 SALES $591 MILLION VERSUS REFINITIV IBES ESTIMATE OF $596.7 MILLION.REDUCES FULL-YEAR GUIDANCE FOR ADJUSTED EBITDA TO $460 MILLION TO $470 MILLION.QTRLY VALVOLINE INSTANT OIL CHANGE (VIOC) SYSTEM-WIDE SAME-STORE SALES (SSS) GREW 10.8%.SEES 2019 REVENUE UP 5-7%.SEES 2019 ADJUSTED EPS $1.27-$1.33.FY2019 EARNINGS PER SHARE VIEW $1.33, REVENUE VIEW $2.40 BILLION -- REFINITIV IBES DATA.SEES 2019 VIOC SAME-STORE SALES UP 8-9%.COSTS RELATED TO THE SHUTDOWN ARE BEING TREATED AS A KEY ITEM, INCLUDING APPROXIMATELY $1 MILLION IN FISCAL Q2 AND THE REMAINDER IN Q3.  Full Article

Valvoline Q1 Adjusted Earnings Per Share $0.27
Thursday, 7 Feb 2019 

Valvoline Inc ::VALVOLINE REPORTS FIRST-QUARTER RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.27.Q1 EARNINGS PER SHARE $0.28.Q1 SAME STORE SALES ROSE 9.8 PERCENT.Q1 EARNINGS PER SHARE ESTIMATE $0.31 -- REFINITIV IBES DATA.Q1 SALES $557 MILLION VERSUS REFINITIV IBES ESTIMATE OF $584.7 MILLION.LOWERS FULL-YEAR GUIDANCE FOR ADJUSTED EBITDA TO $470-$485 MILLION.ANNOUNCES BROAD-BASED RESTRUCTURING PROGRAM.RESTRUCTURING PROGRAM EXPECTED TO GENERATE ANNUALIZED PRE-TAX SAVINGS OF APPROXIMATELY $40 TO $50 MILLION.MAJORITY OF PRE-TAX SAVINGS WILL BEGIN IN FISCAL 2020 WITH FULL RUN-RATE SAVINGS EXPECTED TO BE ACHIEVED BY END OF THAT YEAR.INCREASES QUARTERLY DIVIDEND TO $0.106PER SHARE.SEES 2019 FREE CASH FLOW $190 MILLION -$210 MILLION.SEES 2019 DILUTED ADJUSTED EPS $1.35-$1.43.SEES 2019 REVENUES UP 7 PERCENT -9 PERCENT.IN RESPONSE TO CURRENT DYNAMICS IN DIY, IS TAKING ACTIONS WHICH IT EXPECTS TO STABILIZE RETAIL BUSINESS IN CORE NORTH AMERICA.IS IMPLEMENTING A MORE AGGRESSIVE TRADE PROMOTION PLAN, WHICH INCLUDES OPTIMIZING PROMOTED PRICE POINTS AT KEY RETAILERS.  Full Article

Valvoline Sets Quarterly Cash Dividend Of $0.106 Per Share
Thursday, 31 Jan 2019 

Jan 30 (Reuters) - Valvoline Inc ::SETS QUARTERLY CASH DIVIDEND OF $0.106PER SHARE.  Full Article

Valvoline Increases Quarterly Dividend
Tuesday, 20 Nov 2018 

Nov 19 (Reuters) - Valvoline Inc ::VALVOLINE INCREASES QUARTERLY DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $0.106PER SHARE.INCREASED QUARTERLY CASH DIVIDEND ON COMPANY'S COMMON STOCK BY MORE THAN 40 PERCENT.  Full Article

Valvoline To Acquire Oil Changers, Its Second Quick-Lube Acquisition In Canada
Wednesday, 5 Sep 2018 

Sept 4 (Reuters) - Valvoline Inc ::VALVOLINE TO ACQUIRE OIL CHANGERS, ITS SECOND QUICK-LUBE ACQUISITION IN CANADA.VALVOLINE INC - FINANCIAL TERMS WERE NOT DISCLOSED..VALVOLINE - SIGNED AGREEMENT TO BUY BUSINESS ASSETS OF OIL CHANGERS INC.  Full Article

Valvoline Q3 Earnings Per Share $0.33
Thursday, 2 Aug 2018 

Aug 1 (Reuters) - Valvoline Inc ::VALVOLINE REPORTS THIRD-QUARTER FISCAL 2018 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.32.Q3 EARNINGS PER SHARE $0.33.Q3 SALES $577 MILLION VERSUS I/B/E/S VIEW $591.4 MILLION.Q3 EARNINGS PER SHARE VIEW $0.35 -- THOMSON REUTERS I/B/E/S.FOR FISCAL Q4, ANTICIPATE CONTINUED STRONG SAME-STORE SALES GROWTH FROM VIOC.LOWERING FISCAL 2018 ADJUSTED EBITDA GUIDANCE TO $465 TO $470 MILLION.  Full Article

Valvoline To Acquire Great Canadian Oil Change
Friday, 18 May 2018 

May 17 (Reuters) - Valvoline Inc ::VALVOLINE TO ACQUIRE GREAT CANADIAN OIL CHANGE, ITS FIRST INTERNATIONAL QUICK-LUBE ACQUISITION.VALVOLINE INC - FINANCIAL TERMS WERE NOT DISCLOSED..VALVOLINE INC - ACQUISITION WILL EXPAND VALVOLINE'S EXISTING QUICK-LUBE NETWORK TO OVER 1,200 COMPANY-OWNED AND FRANCHISED LOCATIONS.  Full Article