Valvoline sales surge 25% as Breeze integration and store expansion drive growth

Valvoline (NYSE:VVV) delivered a powerful second quarter for fiscal 2026, characterized by significant top-line expansion and improved operational leverage as the company scales its retail footprint.

The Lexington-based automotive service leader reported total sales from continuing operations of $504 million for the quarter ended March 31, 2026, representing a 25% increase over the prior-year period.

The growth was underpinned by an 8.2% increase in system-wide same-store sales and the continued momentum of new store openings.

System-wide store sales, which include both company-operated and franchised locations, rose 20% to $987 million.

Management highlighted the strong performance of Breeze, noting that the integration of the acquired entity is proceeding on schedule and contributing meaningfully to the company’s accelerated growth trajectory.

Profitability metrics followed the upward trend in sales.

Valvoline reported income from continuing operations of $45 million, an 18% increase year-over-year, while diluted earnings per share (EPS) grew 17% to $0.35.

On an adjusted basis, EBITDA rose 28% to $134 million and adjusted EPS reached $0.41, a 21% improvement from the second quarter of 2025.

Meanwhile, the company continued to aggressively expand its service network, recording 29 net store additions during the quarter.

This expansion was nearly evenly split between 15 new franchise locations and 14 company-operated stores.

As of March 31, 2026, the company’s cash and cash equivalents stood at $85 million against a total debt load of $1.7 billion.