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LEXINGTON, KY—Julie Marie O’Daniel, Chief Legal Officer of Valvoline Inc . (NYSE:VVV), recently sold 6,000 shares of the company’s common stock. The shares were sold at an average price of $37.405, amounting to a total transaction value of $224,430. The transaction comes as Valvoline, with a market capitalization of $4.7 billion, trades near its Fair Value according to InvestingPro analysis.
Following this transaction, O’Daniel retains direct ownership of 15,305 shares. Additionally, she holds approximately 3,041 shares indirectly through the Valvoline 401(k) Plan. The company maintains a GOOD financial health score, with strong profitability metrics and a return on assets of 10.7%.
This sale reflects part of a routine portfolio adjustment, with no indication of any broader strategic changes at Valvoline. The company, known for its automotive lubricants and services, continues to operate from its headquarters in Lexington, Kentucky. InvestingPro analysis reveals additional insights, including multiple financial health indicators and growth metrics, available in the comprehensive Pro Research Report covering this and 1,400+ other US stocks.
In other recent news, Valvoline Inc. reported first-quarter earnings and revenue that exceeded analyst expectations. The company announced adjusted earnings per share of $0.32, surpassing the consensus estimate of $0.30. Revenue reached $414 million, beating projections of $396.83 million and marking an 11% year-over-year growth. Valvoline’s system-wide same-store sales increased by 8.0%, and the company added 35 new stores during the quarter, including 14 franchise locations. System-wide store sales grew 14% to $820 million, and adjusted EBITDA rose 14% to $103 million. The company maintained its full-year guidance, with management stating that Valvoline is "on track" to meet its targets. Valvoline aims to expand its store network to over 3,500 locations through new builds, acquisitions, and franchise partner development. The quarter concluded with Valvoline operating 2,045 system-wide stores, consisting of 932 company-operated and 1,113 franchised locations. Additionally, the company returned $39 million to shareholders through share repurchases during this period.
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