Valvoline Outlines Plans to Grow to 360 Stores Next Year in Earnings Call

Valvoline outlined its future plans for growth—including the integration of Breeze Autocare—in a recent earnings call, according to Seeking Alpha.

CEO Lori Flees revealed the company plans to close the acquisition of Breeze on Dec. 1, following an order from the Federal Trade Commission to divest 45 Oil Changers locations as part of the merger.

“At the end of last week, we've received regulatory clearance from the FTC and plan to close the [Breeze acquisition] transaction on December 1,” said Flees. “As part of the agreement with the FTC, we will divest 45 stores, bringing the net additions to 162.”

In 2026, the company is expecting an overall network growth of 330 to 360 new stores, in addition to a system-wide same-store sales growth of 4% to 6%, shared CFO John Willis.

However, the call saw management expressing caution surrounding the integration of Breeze Autocare, with focus shifting from core performance to discussing the potential risks and uncertainties surrounding the acquisition and margin dynamics.