Valvoline is a pure-play automotive retail services company focused on preventive maintenance and quick oil-change services, after completing the sale of its Global Products business in March 2023. The company operates Valvoline Instant Oil Change and Great Canadian Oil Change networks, with roughly 1,900 service centers in North America as of mid-2024 and about 2,010 system-wide stores by September 30, 2024. In the six months ended March 31, 2024, continuing operations net revenues totaled $762.1 million, with oil changes and related fees of $560.7 million (about 74%), non-oil changes and related fees of $165.0 million (about 22%), and franchise fees and other of $36.4 million (about 5%). In fiscal year 2023, continuing operations revenue was about $1.4 billion as the company emphasized its transition to a standalone retail services platform. The business emphasizes a 15-minute stay-in-your-car oil change and other preventive services, supported by a large franchise network and strong consumer branding, but faces ongoing competition and execution risks as described in its risk disclosures. ([investors.valvoline.com](https://investors.valvoline.com/news/news-details/2023/Valvoline-Inc.-Completes-Sale-of-its-Global-Products-Business/default.aspx?utm_source=openai))
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Valvoline is a pure-play automotive retail services company focused on preventive maintenance and quick oil-change services, after completing the sale of its Global Products business in March 2023. The company operates Valvoline Instant Oil Change and Great Canadian Oil Change networks, with roughly 1,900 service centers in North America as of mid-2024 and about 2,010 system-wide stores by September 30, 2024. In the six months ended March 31, 2024, continuing operations net revenues totaled $762.1 million, with oil changes and related fees of $560.7 million (about 74%), non-oil changes and related fees of $165.0 million (about 22%), and franchise fees and other of $36.4 million (about 5%). In fiscal year 2023, continuing operations revenue was about $1.4 billion as the company emphasized its transition to a standalone retail services platform. The business emphasizes a 15-minute stay-in-your-car oil change and other preventive services, supported by a large franchise network and strong consumer branding, but faces ongoing competition and execution risks as described in its risk disclosures. ([investors.valvoline.com](https://investors.valvoline.com/news/news-details/2023/Valvoline-Inc.-Completes-Sale-of-its-Global-Products-Business/default.aspx?utm_source=openai))
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Daily adjusted close
Valvoline is a pure-play automotive retail services company focused on preventive maintenance and quick oil-change services, after completing the sale of its Global Products business in March 2023. The company operates Valvoline Instant Oil Change and Great Canadian Oil Change networks, with roughly 1,900 service centers in North America as of mid-2024 and about 2,010 system-wide stores by September 30, 2024. In the six months ended March 31, 2024, continuing operations net revenues totaled $762.1 million, with oil changes and related fees of $560.7 million (about 74%), non-oil changes and related fees of $165.0 million (about 22%), and franchise fees and other of $36.4 million (about 5%). In fiscal year 2023, continuing operations revenue was about $1.4 billion as the company emphasized its transition to a standalone retail services platform. The business emphasizes a 15-minute stay-in-your-car oil change and other preventive services, supported by a large franchise network and strong consumer branding, but faces ongoing competition and execution risks as described in its risk disclosures. ([investors.valvoline.com](https://investors.valvoline.com/news/news-details/2023/Valvoline-Inc.-Completes-Sale-of-its-Global-Products-Business/default.aspx?utm_source=openai))