Valvoline Inc

Valvoline fell short on both top and bottom lines in its fiscal fourth quarter, delivering adjusted EPS of $0.45 against a consensus estimate of $0.47, a miss of 4.32%, while revenue of $453.80 million trailed expectations by 0.20% despite climbing 4.2% year over year. The headline drag came from a sharp spike in non-operational costs, most notably $26.30 million in net pension and other postretirement plan expenses compared to just $1.30 million a year ago, which weighed heavily on reported income from continuing operations even as adjusted EBITDA grew 5% to $130.10 million. Operational momentum remained intact, with system-wide same-store sales rising 6.0% in the quarter and the store network expanding to 2,180 locations after 56 net additions. The recently closed acquisition of Oil Changers, funded with a new $740.00 million term loan, looms large over the company's forward outlook; for fiscal 2026, Valvoline guided revenue of $2.00 to $2.10 billion and adjusted EPS of $1.60 to $1.70, inclusive of the deal's contribution.