System-Wide Store Sales Growth
System-wide store sales grew 14% to $820 million, with same-store sales growth of 8%.
Net Sales and Adjusted EBITDA Increase
Net sales increased 11% to $414 million, and adjusted EBITDA grew 14% to $103 million.
New Store Additions
35 net new stores were added across the network this quarter.
Refranchising Efforts
Successfully closed refranchising efforts in Central and West Texas, transferring 39 stores to a new franchise partner.
Recognition and Awards
Valvoline Inc. was recognized as the leading automotive services retailer and number 24 overall on the Entrepreneur Franchise 500 list for 2025.
Strong Cash Flow and Share Repurchase
Cash flows from operating activities increased by $20 million over the prior year, and share repurchases totaled $39 million for the quarter.