Valvoline Reports First-Quarter Results

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Valvoline (VVV) Tops Q1 EPS by 9c, Revenues Beat; Raises Q2 EPS Guidance

February 3, 2020 5:04 PM EST

Valvoline (NYSE: VVV) reported Q1 EPS of $0.39, $0.09 better than the analyst estimate of $0.30. Revenue for the quarter came in at $607 million versus the consensus estimate of $581.91 million.

"We are pleased with our start to fiscal 2020," said Sam Mitchell, CEO. "Core North America had a strong quarter, driven by substantially higher branded volume in the retail channel and benefits from the operating... More