Valvoline (VVV) Tops Q2 EPS by 3c

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Go back to Valvoline (VVV) Tops Q2 EPS by 3c

Valvoline Inc. Reports Second Quarter Fiscal 2017 Financial Results and Announces $150 Million Share Repurchase Program

April 25, 2017 5:01 PM EDT

Net income growth of 4 percent, operating income growth of 13 percent

Reported net income of $71 million and reported earnings per diluted share (EPS) of $0.35 Adjusted EPS of $0.37, up 6 percent Reported operating income of $117 million EBITDA from operating segments (Core North America, Quick Lubes and International) was in line with prior year at $115 million Lubricant volume grew 3 percent to 45.0 million gallons Valvoline Instant Oil ChangeSM (VIOC) system-wide same-store sales (SSS) growth of 3.9 percent Full-year... More