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Valvoline Inc (VVV.N)

VVV.N on New York Stock Exchange

21.27USD
20 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Valvoline Reports Q1 Loss Per Share $0.05
Wednesday, 7 Feb 2018 05:00pm EST 

Feb 7 (Reuters) - Valvoline Inc ::VALVOLINE REPORTS FIRST-QUARTER RESULTS; UPDATES FULL-YEAR OUTLOOK.Q1 ADJUSTED EARNINGS PER SHARE $0.29.Q1 LOSS PER SHARE $0.05.SEES FY ADJUSTED EARNINGS PER SHARE $1.30 TO $1.38 INCLUDING ITEMS.QTRLY RESULTS INCLUDE A PROVISIONAL CHARGE OF $75 MILLION ($0.37 PER DILUTED SHARE) RELATED TO RECENTLY ENACTED U.S. TAX REFORM.  Full Article

Valvoline Says Units Of Co,PNC Bank, National Association, Entered First Amendment To Transfer And Administration Agreement Dated Nov 29, 2016​
Tuesday, 28 Nov 2017 04:19pm EST 

Nov 28 (Reuters) - Valvoline Inc ::VALVOLINE -‍ ON NOV 20 UNITS OF CO,PNC BANK, NATIONAL ASSOCIATION, ENTERED FIRST AMENDMENT TO TRANSFER AND ADMINISTRATION AGREEMENT DATED NOV 29, 2016​.VALVOLINE INC SAYS FIRST AMENDMENT EXTENDS TERM OF FACILITY TO NOV 19, 2020 - SEC FILING​.VALVOLINE INC - CO'S ‍UNIT, LEX CAPITAL LLC, MAY OBTAIN UP TO $175 MILLION IN FORM OF CASH/LETTERS OF CREDIT FOR BENEFIT OF VALVOLINE LLC FROM INVESTORS​.  Full Article

Valvoline increases quarterly dividend by more than 50 percent
Tuesday, 14 Nov 2017 04:55pm EST 

Nov 14 (Reuters) - Valvoline Inc :Valvoline increases quarterly dividend by more than 50 percent.Valvoline Inc - ‍Board increased quarterly cash dividend on co's common stock by more than 50 percent, from 4.9 cents to 7.45 cents per share​.  Full Article

Valvoline sees 2018 earnings per share of $1.20-$1.28
Wednesday, 8 Nov 2017 05:01pm EST 

Nov 8 (Reuters) - Valvoline Inc :Valvoline reports fourth quarter and fiscal year 2017 results; provides fiscal 2018 outlook.Q4 earnings per share $0.52 including items.Sees fy 2018 earnings per share $1.20 to $1.28 excluding items.Q4 earnings per share view $0.33 -- Thomson Reuters I/B/E/S.Valvoline Inc - qtrly ‍sales $547 million versus $494​ million.Valvoline - ‍expects to early adopt new accounting guidance, which will reclassify non-service pension & other post-employment benefit income to be non-operating​.Valvoline Inc - ‍beginning in fiscal 2018, adjusted EBITDA and adjusted eps will both exclude non-operating pension and opeb income​.Valvoline Inc - ‍expect our diluted adjusted eps excluding pension and opeb plan income to be between $1.20 and $1.28 in fiscal 2018​.Valvoline Inc - ‍for first-quarter fiscal 2018, Valvoline anticipates adjusted EBITDA (excluding pension and opeb income) of $108 million-$113 million​.  Full Article

William Wulfsohn to step down as Valvoline chairman and retire from board
Friday, 29 Sep 2017 07:00am EDT 

Sept 29 (Reuters) - Valvoline Inc : :William Wulfsohn to step down as Valvoline chairman and retire from Valvoline board.Valvoline Inc - board member Stephen Kirk named new chairman.  Full Article

Valvoline signs eight new agreements with franchisees
Thursday, 7 Sep 2017 07:00am EDT 

Sept 7 (Reuters) - Valvoline Inc :Valvoline announces new development agreements with franchisees and the acquisition of franchise locations in Michigan and Ohio.Valvoline - ‍signed 8 new development deals with 7 of its largest Valvoline Instant Oil Change franchisees for addition of more than 160 stores by 2023​.Valvoline Inc - ‍announced it has signed a definitive agreement with Henley Bluewater LLC to acquire its 56 stores in Michigan and Northern Ohio​.Valvoline Inc - ‍financial terms definitive agreement with Henley Bluewater LLC not disclosed​.  Full Article

Valvoline announces pricing of senior notes offering
Thursday, 3 Aug 2017 04:15pm EDT 

Aug 3 (Reuters) - Valvoline Inc ::Valvoline announces pricing of senior notes offering.Valvoline Inc- ‍pricing of its previously announced offering of $400 million aggregate principal amount of 4.375% senior notes due 2025​.  Full Article

Valvoline Q3 adjusted earnings per share $0.34
Tuesday, 1 Aug 2017 05:01pm EDT 

Aug 1 (Reuters) - Valvoline Inc :Valvoline Inc. reports third quarter fiscal 2017 results in line with guidance.Q3 adjusted earnings per share $0.34 excluding items.Q3 earnings per share view $0.34 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $1.37 to $1.40.  Full Article

Ashland Global's board declares cash dividend of 22.5 cents
Wednesday, 17 May 2017 05:40pm EDT 

May 17 (Reuters) - Ashland Global Holdings Inc :Ashland Global Holdings says board has declared a quarterly cash dividend of 22.5 cents per share on company's common stock - SEC filing.Ashland Global Holdings Inc - quarterly cash dividend represents a reduction from previous quarterly dividend of 39 cents per share.Ashland Global Holdings Inc - reduction in dividend was as a result of recently completed separation of Valvoline Inc.  Full Article

Valvoline reports Q2 earnings per share $0.35
Tuesday, 25 Apr 2017 05:01pm EDT 

April 25 (Reuters) - Valvoline Inc -:Valvoline Inc reports second quarter fiscal 2017 financial results and announces $150 million share repurchase program.Q2 adjusted earnings per share $0.37.Q2 earnings per share $0.35.Q2 earnings per share view $0.34 -- Thomson Reuters I/B/E/S.Valvoline Inc - full-year guidance remains unchanged, including adjusted eps of $1.36-$1.43.Valvoline inc - full-year guidance remains unchanged, including adjusted eps of $1.36-$1.43.Fy2017 earnings per share view $1.38, revenue view $2.04 billion -- Thomson Reuters I/B/E/S.Qtrly sales $ 514 million versus $ 480 million.Valvoline Inc - $150 million share repurchase program will be funded from available liquidity.Valvoline Inc - repurchase program will be funded from available liquidity.Q2 revenue view $501.0 million -- Thomson Reuters I/B/E/S.Valvoline Inc - term of new repurchase program extends through december 31, 2019.  Full Article

BRIEF-Valvoline Reports Q1 Loss Per Share $0.05

* VALVOLINE REPORTS FIRST-QUARTER RESULTS; UPDATES FULL-YEAR OUTLOOK