Latest news with #Valvoline
Yahoo
21-07-2025
- Automotive
- Yahoo
Valvoline Inc. to Report Financial Results for Third Quarter 2025 and Host Webcast on August 6
LEXINGTON, Ky., July 21, 2025 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that it plans to report financial results for its fiscal third quarter on August 6, 2025. A live audio webcast with analysts and investors will also be held on August 6, 2025 at 9 a.m. ET. The webcast and slide presentation will be available on the company's Investor Relations website at Shortly after the call concludes, a replay of the webcast will be available on this same website. About Valvoline Inc. Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at approximately 2,100 franchised and company-operated service centers across the United States and Canada. The company completes more than 28 million services annually system-wide, from 15-minute stay-in-your-car oil changes to a variety of manufacturer-recommended maintenance services such as wiper replacements and tire rotations. At Valvoline Inc., it all starts with our people, including the 11,000 team members who are working to grow the core business, expand the company's retail network, and plan for the vehicles of the future. For more information, visit TM Trademark, Valvoline Inc., or its subsidiaries, registered in various countries FOR FURTHER INFORMATIONInvestor Relations Elizabeth B. Clevinger+1 (859) 357-3155IR@ Media Relations Angela Davied+1 (913) 302-0032media@ View original content to download multimedia: SOURCE Valvoline Inc.


Chicago Tribune
06-07-2025
- Automotive
- Chicago Tribune
Rains hold off until after race but outcome is the same as Shane van Gisbergen wins again
This year the downpour waited until after the NASCAR Grant Park 165 was finished. After previous years were interrupted by storms, fans came ready for the weather Sunday. Aaron Moy, 52, from Morton Grove, crafted an 'Anti-Rain Vortex' hat to wear to today's race: a strip of laminated printer paper spiraled around a plastic shaft on top of a red Valvoline hat. The shaft is connected to a small motor in the hat, so Moy can turn it on during the race. 'The last two years, the rain's messed up the race here. So I'm thinking, well, maybe I could do something to get the rain away,' Moy said, joking. He based it on the NASCAR 'vortex theory,' an inside joke among fans that the cars racing around the circular track can create a 'vortex' that pushes storms away. Many fans brought disposable ponchos or had a game plan for if the skies opened up. Taylor Little from South Bend and Alex Rupprecht from Glendale watched the race from atop a 6-foot electrical service box near the turn at Balbo and DuSable Lake Shore drives. It was the two 20-year-olds' first time attending NASCAR in Chicago. 'We're kind of excited for the rain,' Little said. 'It's maybe not as safe, but a fun race to see.' On Sunday, racers zoomed around the streets of the Loop under cloudy skies. A brief shower passed through the area shortly after the race concluded. The weather may have been different for this race but not the outcome. Shane van Gisbergen of New Zealand swept the Chicago Street Race weekend, winning his fifth of the six races in the Loop. But that didn't take away from the excitement for fans. Adelaide Van Pelt, 30, sported a purse decorated with tiny toy cars that she bought for the occasion. She attended the race Saturday for her job with Jack Link's, NASCAR's official snack, but returned for the second day just for fun. 'It's been really interesting to see races like this, because when I was a kid, I only ever went to Michigan track. So the street race is very different and a lot more exciting in many cases,' she said. 'It's a nice way for people to access NASCAR that aren't able to experience it because it is such a rural niche.' Van Pelt also thinks that street races are more fun for those unfamiliar with racing. 'A lot of stock cars aren't made to slow down as quickly as they have to on this track, so there's more crashes, which people tend to think is more interesting when it comes to NASCAR,' she said. Despite previous bad weather, racers like Chase Eliot said they have enjoyed their time in Chicago over the past three years. Elliot started in the rear end of the field after a qualifying spinout. 'Coming up here has been really cool for us, it's such a different vibe for us,' Elliot said in a prerace interview in front of a crowd of fans. 'I have friends at home that want to come to this one because we can go and eat dinner and walk to the racetrack. The first year was so weird … it's become a little more normal (in) year three.' Chicago Street Race President Julie Giese presented the event's grand marshal Derrick Rose with a tracksuit before the race. The 2011 NBA MVP spoke about taking part in his first NASCAR event. 'When they put it on the table, it was a no-brainer that I wanted to be a part of it,' Rose said. 'We've been (planning) this for a long time, so to actually be here to see everything unfold, it's (everything that) we thought it would be.' Illinois fans also spoke about the experience of having the race in their backyard. 'It is very different to have a road pole in a city where I've grown up,' said Danielle Colomer, 34, a Crystal Lake native wearing Elliot gear. 'I'm familiar with these roads, and I went to school on Michigan Ave.' Shane Van Gisbergen won Saturday's race — his fourth of six eligible races — while Mitch McDowell led for a chunk of the Grant Park 165. Driving the Demonmobile in a partnership with DePaul University may have given him some Chicago grace in the race. Wherever the 2026 street race lands, the racers will go without hesitation. Chicago has been special for some, though. 'I don't know what the plan is moving forward whether we come back here or not, (but) I'm happy to go to wherever they send us,' Elliot said. 'My experience has been really good here, so thanks for having us.'
Yahoo
24-06-2025
- Business
- Yahoo
Goldman Picks ValvolineInc. (VVV) as a Buy, Targets $45
On June 3, Goldman Sachs initiated coverage on Valvoline (NYSE:VVV) and gave it a Buy rating, setting a price target of $45. They see the company as a top performer in a scattered industry where people don't get to skip maintenance, meaning demand stays steady, recession or not. Valvoline's fundamentals back that up. A Piotroski Score of 9, nearly 10% revenue growth over the past year, and limited exposure to tariff fallout all play into Goldman's bullish call. Goldman Sachs analysts believe the company is under valuation pressure. They attribute that to some 'narrative headwinds,' basically investor skepticism, which they believe will fade. If that happens, the valuation multiple could get a bump. Copyright: wihtgod / 123RF Stock Photo Goldman also noted Valvoline's recent refranchising efforts as a smart long-term move, even using conservative math. And there's a fresh acquisition in the mix: Breeze Autocare. If Valvoline brings Breeze's operations up to par with its own store performance, Goldman estimates the deal could pay off at a multiple near 5x within three years. On top of that, same-store sales came in better than expected for Q2 2025. Goldman expects that momentum to hold steady into the next quarter. Their read is simple: Valvoline looks undervalued, well-managed, and positioned to benefit from both market consistency and internal execution. We recently shared two hedge funds' comments on VVV. One of them believes "the company will benefit from increased market share gains, driven by both corporate and franchise expansion, growing its scale, accelerating growth and increasing its moat." While we acknowledge the potential of VVV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Fox Sports
16-06-2025
- Automotive
- Fox Sports
Instant Recall: Bommarito Automotive Group 500
INDYCAR Sunday night's competitive and unpredictable NTT INDYCAR SERIES race at World Wide Technology Raceway featured nine different teams finishing in the top 10. And here's the kicker: Team Penske wasn't one of them. The Bommarito Automotive Group 500 presented by Axalta and Valvoline was one of those topsy-turvy races for which the series is known. If it seemed every driver in the paddock felt he had a chance to win the race, including all three representing Team Penske, believe them. More than half of the drivers led the 260-lap race. Five of the top-10 finishers were pursuing their first series victory, and that didn't include David Malukas, who led a race-high 67 laps, or Callum Ilott, who was leading with four-plus laps to go for a PREMA Racing team competing in just its second oval race. Christian Rasmussen used a car that had been spectacularly on fire to twice drive from the back of the field, pass a race-high 62 cars and finish a career-best third. He was elated. Conor Daly, who always seems to have a fast car at this track, stormed to the lead mid-race and led 36 laps. He saw the race as one that got away. The 27-car field was full of inspirational stories. One of those was Kyle Kirkwood scoring the first oval win of his still-young career. He led only eight laps, but the last five took him to victory lane. As for Team Penske, well, it was a night to forget as all three drivers had dramatic exits. Running second, Will Power had a rare tire failure that sent his car into the Turn 4 wall. Later, Josef Newgarden was leading and on his way to lapping series points leader Alex Palou when he found trouble on the front straightaway. Choosing to pass Palou on the left side turned out to be the wrong one as that's where Louis Foster's damaged car was sliding after wall contact off Turn 4. Their impact was ferocious, with Newgarden launched upside down. With Scott McLaughlin retiring from the race a half-hour later, the team with an event-record nine wins, including four of the past five by Newgarden, had an average finish of 25.3. There are so many other drivers left wondering how they weren't hoisting the big trophy atop the podium. Six-time series champion Scott Dixon – again – used crafty fuel strategy to get the lead on Lap 194, and for a time it looked like he might score the 59th victory of his career and third at this track. Malukas had jumped from fourth to first on the opening lap and led 67 laps, but in a late-race chance to overtake Kirkwood, his car drifted high into the Turn 4 wall. It might have been those two battling for the win if that wall slap was avoided. Kirkwood and second-place Pato O'Ward each led eight laps, the same number totaled by Santino Ferrucci, who seemed to be charging each time the television camera found him. Ilott and Felix Rosenqvist both pitted on Lap 204 in a bid to stretch their fuel to the end and steal a win. Both nearly pulled it off, but Rosenqvist aborted with seven laps left, three laps ahead of Ilott. Rinus VeeKay delivered a season-best seventh-place finish and led a lap. Rookie Robert Shwartzman, making just his second oval start after winning the pole for the Indianapolis 500 presented by Gainbridge, finished 10th, the first time he saw the checkered flag on a circle track. Among drivers without a series win, five finished in the top 10. Rasmussen was third, Ferrucci fifth, Daly sixth, Marcus Armstrong ninth, Shwartzman 10th. Those who led the race: Malukas (67), McLaughlin (51), Dixon (43), Daly (36), Newgarden (25), Kirkwood (eight), O'Ward (eight), Ferrucci (eight), Ilott (five), Rosenqvist (three), Alexander Rossi (two), Marcus Ericsson (two), Rasmussen (one), VeeKay (one). The top seven finishers represented seven different teams: Andretti Global, Arrow McLaren, Ed Carpenter Racing, AJ Foyt Racing, Juncos Hollinger Racing and Dale Coyne Racing. Also with a top-10 driver at the end were Meyer Shank Racing w/Curb-Agajanian and PREMA Racing. All told, 254 passes for position, tying the series record at WWTR set last year. The moral of this story: Celebrate Kirkwood's masterful drive and the entertaining challenges by so many others. recommended


Fox Sports
13-06-2025
- Automotive
- Fox Sports
Graham Rahal Reflective, Still Hungry as Milestone Approaches This Weekend
INDYCAR Graham Rahal reaches his 300th NTT INDYCAR SERIES start in the Bommarito Automotive Group 500 presented by Axalta and Valvoline on Sunday, June 15 at World Wide Technology Raceway. The start in the 260-lap race airing at 8 p.m. ET on FOX, the FOX Sports app and the INDYCAR Radio Network places Rahal in an exclusive group of drivers. Rahal joins Scott Dixon, who will make his record-extending 410th INDYCAR SERIES start, Mario Andretti (407), Helio Castroneves (395), Tony Kanaan (390), A.J. Foyt (369), Al Unser Jr. (329), Al Unser (320), Michael Andretti (317), Johnny Rutherford (315) and Will Power (310) as drivers reaching the triple-century mark. His dad, Bobby Rahal, made 264 career starts. Rahal's commitment is also reflected in a streak of consecutive starts. He hasn't missed a race since July 25, 2010, at Edmonton. Rahal will tie Marco Andretti for third-most consecutive starts with 249 in the XPEL Grand Prix at Road America on June 22. Only Dixon's 346 and counting, and Kanaan's 318 are more. Success is measured in many different ways, and when you look at wins, maybe it's not enough, but I've been fortunate to have a long career here,' Rahal said. 'But hopefully there's still a ways to go. 'Three hundred races, I think what I'm most fortunate about is to have been able to stay, knock on wood, pretty healthy through those times, and hopefully that will continue, as well.' Rahal is acutely aware he hasn't matched the resume of his father, Bobby, who won the 1986 Indy 500 among his 24 career victories and three championships. With six career wins and nearly 50 percent of his 299 starts ending in top-10 finishes (146), Rahal admits he wishes his trophy case was fuller. But he also understands and respects what he's achieved. 'There are a lot of people who come to this sport, have extended careers and never have that sort of success,' he said. 'But I'm not oblivious to the fact that I wish I had a lot, lot more. But I feel that in some ways, too, I've been through a lot in this sport. I've been to a lot of different teams. I've been through good years. I've been through years where we've really, really struggled. 'What I've been most proud of is being able to find our way out of those holes.' A recent example is 2014, when he finished 19th in points with Rahal Letterman Lanigan Racing. He bounced back in 2015 with the same team, breaking a 123-race winless streak with wins at Auto Club Speedway and Mid-Ohio Sports Car Course and finishing fourth in the standings. Rahal is winless in his last 134 starts, dating back to the June 2017 doubleheader sweep at Belle Isle Park. He also entered this season after an 18th-place points finish last year. He has climbed to 15th in points after seven races – a modest position, but with indicators that things are heading the right way. A late-season surge is possible. Early on, Rahal's strength came in race pace more than qualifying. He climbed nine spots in the Firestone Grand Prix St. Petersburg presented by RP Funding to finish 12th in the season opener. He gained seven spots at The Thermal Club, finishing 11th. At Barber Motorsports Park, he started 21st and finished 14th. The Acura Grand Prix of Long Beach on April 13 was the lone race day setback. He started 16th but finished 22nd. Rahal's average starting position in the first four races was 19th. But in the next three, that's improved dramatically to 9.3. That's a tangible result of the team finding direction. He qualified an impressive second in the Sonsio Grand Prix on the 2.439-mile, 14-turn Indianapolis Motor Speedway road course. He led a race-high 49 laps May 10 in that race but finished sixth. Two races later in the Chevrolet Detroit Grand Prix presented by Lear, Rahal qualified fifth, but a six-spot grid penalty dropped him to 11th in the starting lineup. With better qualifying form, consistent race pace and a tight-knit team, Rahal looks more poised than he has in years to end his win drought. 'I've said this since Sebring (preseason) test that I love working with (engineer) Yves (Touron),' Rahal said. 'I love working with (engineers) Tim (Trowbridge) and Grant (George), (race strategist) Tisch (Akulich) on the stand, all the mechanics who are pretty young, several new guys, I'm really enjoying this group of guys.' recommended