Valvoline Inc. (VVV) saw its stock price surge 5.08% in pre-market trading on Thursday, following the release of its impressive fiscal first-quarter 2025 results.
The leading automotive services provider reported adjusted earnings per share of $0.32 for the quarter ended December 31, 2024, exceeding analysts' expectations of $0.30. Revenue rose 11% year-over-year to $414.3 million, also surpassing the consensus estimate of $399.99 million.
The strong financial performance was driven by robust system-wide same-store sales growth of 8.0%, fueled by a balanced contribution from both higher ticket prices and increased transactions. Valvoline's resilient business model and focus on expanding its retail network continued to pay dividends, as the company opened 35 new stores during the quarter.
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