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Get filing alertsValvoline reports 25% revenue growth, raises FY2026 guidance on strong same-store sales
Filed May 7, 2026 · Period ending May 7, 2026 · ~1 min read
Key Changes
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high
Q2 revenue grew 25% to $504M with 8.2% same-store sales growth; adjusted EBITDA up 28% to $134M and adjusted EPS up 21% to $0.41, driven by productivity gains and SG&A leverage.
Exhibit 99.1 view on EDGAR → -
high
Raised FY2026 guidance: same-store sales growth to 5%-6.5% (from 4%-6%), adjusted EBITDA to $540-$560M (from $525-$550M), and adjusted EPS to $1.65-$1.75 (from $1.60-$1.70).
Exhibit 99.1 view on EDGAR → -
medium
Added 29 net stores in Q2 (15 franchise, 14 company-operated), bringing total to 2,409 stores, representing 15.9% year-over-year network growth.
Exhibit 99.1 view on EDGAR → -
medium
Free cash flow improved $57M year-over-year to $45M for the first six months, with operating cash flow from continuing operations at $160M.
Exhibit 99.1 view on EDGAR → -
medium
Total debt increased to $1.7B from $1.1B at prior fiscal year-end, primarily reflecting Breeze acquisition financing; cash balance at $85M.
Exhibit 99.1 view on EDGAR →
Summary
Valvoline delivered strong second-quarter results and raised its full-year outlook, signaling accelerating momentum in its retail service center business. Revenue grew 25% to $504 million, driven by 8.2% same-store sales growth and contributions from 29 net new stores added during the quarter. Adjusted EBITDA rose 28% to $134 million, reflecting improved operational efficiency and SG&A leverage.
Management raised fiscal 2026 guidance across all key metrics, with adjusted EBITDA now expected at $540-$560 million (up from $525-$550 million) and adjusted EPS at $1.65-$1.75 (up from $1.60-$1.70). The company's store network expansion continues at a healthy pace, with 2,409 total locations representing 15.9% year-over-year growth.
Free cash flow improved by $57 million compared to the prior year, reaching $45 million for the first six months. Total debt increased to $1.7 billion from $1.1 billion at the prior fiscal year-end, primarily due to financing for the Breeze acquisition. The combination of strong same-store sales growth, network expansion, and improved cash generation supports the raised guidance and suggests the company is executing well on its growth strategy.
Section-by-Section Diff
Event · Item 7.01 — Regulation FD Disclosure
Valvoline announced it will release earnings and host a webcast presentation on May 7, 2026.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
On May 7, 2026, Valvoline will make the Earnings Release available on its website located at http://investors.valvoline.com. On May 7, 2026, Valvoline will make available a webcast and slide presentation relating to the Earnings Release on Valvoline's website located at http://investors.valvoline.com.
Valvoline disclosed it will publish earnings results and host an investor webcast with slides on May 7, 2026. This is a routine Regulation FD disclosure announcing the timing and format of earnings communication.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
System-wide net store additions in the quarter totaled 29 (15 franchise and 14 company-operated additions)
The company added 29 net stores system-wide during the quarter, bringing the total to 2,409 stores (1,210 company-operated and 1,199 franchised). This represents 15.9% year-over-year growth in the store count, supporting the company's network expansion strategy.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 2, 2026 · How we verify