System-wide Sales Growth
System-wide store sales reached $3.1 billion, marking a 12% increase over the prior year.
Consistent Same-Store Sales Growth
The company achieved its 18th consecutive year of system-wide same-store sales growth with a 6.7% increase for the year.
Network Expansion
Valvoline ended the fiscal year with 2,010 stores, indicating strong network growth.
Strong Profitability
Adjusted EBITDA rose 17% to $443 million, with an improvement in adjusted EBITDA margin by 100 basis points to 27.3%.
Customer Service Recognition
Valvoline was ranked #18 overall in best customer service by Forbes.
Fleet Business Growth
The Fleet business showed a 14% compounded annual growth rate over the last 3 years in transactions.