Valvoline Inc. to Refranchise 38 Company Stores; Welcomes New Franchise Partner Velocity Auto Care [Yahoo! Finance]
Valvoline Inc. (VVV)
Last valvoline inc. earnings: 2/3 05:00 pm
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Source: Yahoo! Finance
This move is part of Valvoline's strategy to accelerate network growth and expand its reach. The refranchising effort is expected to bring more convenience to customers, opportunities for team members, and value to shareholders. This is Valvoline's third refranchising initiative, following two previous transactions in Las Vegas and Denver. LEXINGTON, Ky. Nov. 19, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, announces it intends to refranchise 38 existing Valvoline Instant Oil Change SM service centers to a new franchisee, Velocity Auto Care. The service centers are located in Austin San Antonio El Paso and west Texas "One of our strategic priorities is accelerating our network growth," said Lori Flees , Valvoline Inc. President and Chief Executive Officer. "We are pleased to have franchisees that can expand select markets more rapidly than the company was planning. More service centers, whether owned and ope
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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
- 11/19/24 - Form 8-K
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- VVV's page on the SEC website