Franchise Equity Partners Forms Strategic Partnership with Valvoline to Accelerate Growth in Texas [Yahoo! Finance]
Valvoline Inc. (VVV)
Last valvoline inc. earnings: 2/3 05:00 pm
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Source: Yahoo! Finance
NEW YORK Nov. 19, 2024 /PRNewswire/ -- Franchise Equity Partners (FEP), a private investment firm on a mission to create long-term partnerships with quality franchisees and franchisors, today announced a strategic partnership with Valvoline Inc., the trusted leader in preventive automotive maintenance. As part of the agreement, FEP will acquire 38 of Valvoline's company-owned stores in West Texas , including markets in Austin San Antonio El Paso , and surrounding regions. The stores will be franchised and operated under the newly formed entity, Velocity Auto Care. "Partnering with Franchise Equity Partners advances Valvoline's growth strategy across Texas ," said Lori Flees , President and CEO of Valvoline Inc. "FEP's exceptional track record, deep operational expertise, and ability to execute large-scale growth initiatives made them the right choice for this partnership. We are confident this collaboration will strengthen the Valvoline Inc. brand and provide customers across the r
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VVV
News
- Valvoline Inc. to participate in Morgan Stanley Global Consumer and Retail Conference [Yahoo! Finance]Yahoo! Finance
- Valvoline Inc. to participate in Morgan Stanley Global Consumer and Retail ConferencePR Newswire
- Valvoline Inc. (NYSE: VVV) had its price target lowered by analysts at Mizuho from $50.00 to $46.00. They now have an "outperform" rating on the stock.MarketBeat
- Valvoline Inc. (NYSE: VVV) had its price target lowered by analysts at Royal Bank of Canada from $52.00 to $46.00. They now have an "outperform" rating on the stock.MarketBeat
- Valvoline Inc. (NYSE: VVV) had its price target lowered by analysts at Wells Fargo & Company from $46.00 to $44.00. They now have an "overweight" rating on the stock.MarketBeat
VVV
Earnings
- 11/19/24 - Beat
VVV
Sec Filings
- 11/22/24 - Form 10-K
- 11/19/24 - Form 8-K
- 11/18/24 - Form 4
- VVV's page on the SEC website