Valvoline reports Q3 adjusted EPS 47c, consensus 45c

Reports Q3 revenue $439M, consensus $436.37M. “For the third quarter, we are pleased to have delivered strong sales, profit and store growth,” said Lori Flees, President and CEO. “Our business continues to demonstrate remarkable resilience in customer demand despite miles driven being modestly down and a slower start to the summer holidays. We delivered good same store sales comps with transaction growth across each month in the quarter.”