Valvoline Inc. released its financial results for its third quarter ending June 30, 2026, in a recent press release.

Continuing Operations - Operating Results

Sales of $545 million grew 24%, according to the company. System-wide store sales increased 19% to $1.05 billion, and system-wide same-store sales saw growth of 8.0%. 

Reported income from continuing operations of $65 million grew 14%, and diluted earnings per share of $0.51 increased 16%. Adjusted EBITDA of $162 million increased 25% and adjusted EPS of $0.57 increased 21%. 

System-wide net store additions in the quarter totaled 47, comprised of 25 franchise and 22 company-operated additions.

Balance Sheet and Cash Flow

The company reported cash and cash equivalents balance of $84 million, and total debt of $1.6 billion, reflecting a $50 million voluntary prepayment on the Term Loan A.

Valvoline also saw year-to-date operating cash flow from continuing operations of $285 million and free cash flow of $112 million, an improvement of $93 million over the prior year.

Outlook

Lori Flees, president & CEO, said her team will be focused on mitigating the impact of increased finished lubricant costs with pricing actions and ongoing operational discipline. As a result the company plans to narrow its guidance ranges and raise full-year system-wide same-store sales expectations.

Information regarding the Company’s outlook for fiscal 2026 is provided below:

“We delivered another strong quarter, with sales and profit growth in line with our expectations,” said Flees. “Top-line sales grew 24%, with system-wide
same-store sales growth of 8.0%, benefiting from pricing actions taken in the quarter. We generated healthy profit growth, solid margins and improved SG&A leverage. The team continues to manage the business effectively through the changing supply and macro environment. Our results demonstrate the strength, resilience, and growth in our business.”