Valvoline Inc's stock surged 6.53% during pre-market trading on Thursday, following the release of its fiscal second-quarter earnings report for 2026.
The automotive service provider reported quarterly adjusted earnings per share of $0.41, significantly beating the analyst consensus estimate of $0.34. Quarterly sales reached $503.8 million, also exceeding expectations of $495.58 million and representing a 25% year-over-year increase. The company's adjusted EBITDA for the quarter rose 28% to $134 million, driven by an acceleration in system-wide same-store sales growth to 8.2%.
Adding to the positive sentiment, Valvoline raised its full-year guidance. The company now expects fiscal 2026 adjusted EBITDA of $540-$560 million, up from its previous outlook of $525-$550 million. It also lifted its adjusted EPS guidance to $1.65-$1.75 from the prior range of $1.60-$1.70. CEO Lori Flees cited a focus on core execution, productivity gains, and improved SG&A leverage as key drivers behind the strong results and optimistic outlook.
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