Valvoline (VVV) Tops Q4 EPS by 7c, Revenues Beat; Provides FY20 Growth Outlook

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Valvoline Reports Fourth-Quarter and Fiscal Year 2019 Results

November 6, 2019 5:00 PM EST

LEXINGTON, Ky., Nov. 6, 2019 /PRNewswire/ --

Fourth-quarter summary

Reported net income of $27 million and earnings per diluted share (EPS) of $0.14 Adjusted EPS grew 18% to $0.40 Adjusted EBITDA of $129 million, up 7% Sales grew 6% to $629 million, while lubricant volume was flat at 46.4 million gallons  Valvoline Instant Oil Change system-wide same-store sales grew 10.0%

Full-year highlights

Reported net... More