Valvoline Inc.: Expansion of Market Share & Franchise Growth As A Key Growth Catalyst!

Valvoline Inc. announced its fourth-quarter and full fiscal year 2024 earnings, underlining its solid market position in the retail services sector, yet facing specific growth challenges. For fiscal 2024, Valvoline reported a significant 12% increase in system-wide store sales reaching $3.1 billion, along with adjusted EBITDA growth of 17% to $443 million. However, there were concerns as net revenue and same-store sales growth landed just below expectations. While the company has traditionally delivered same-store sales growth for 18 consecutive years, the reported same-store sales growth was a relatively modest 6.7%.