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home / news releases / VVV - Valvoline Inc. (VVV) Q2 2024 Earnings Call Transcript


VVV - Valvoline Inc. (VVV) Q2 2024 Earnings Call Transcript

2024-05-08 13:06:07 ET

Valvoline Inc. (VVV)

Q2 2024 Earnings Conference Call

May 08, 2024 09:00 AM ET

Company Participants

Elizabeth Russell - Investor Relations

Lori Flees - President & Chief Executive Officer

Mary Meixelsperger - Chief Financial Officer

Conference Call Participants

David Bellinger - Mizuho

Simeon Gutman - Morgan Stanley

Kate McShane - Goldman Sachs

Avanti Cheruvallath - Citi

Mike Harrison - Seaport Research Partners

Lydia Huang - JPMorgan

Bret Jordan - Jefferies

Presentation

Operator

Hello, and welcome to the Valvoline's 2Q 2024 Earnings Conference Call and Webcast. My name is Elliot, and I will be coordinating your call today. [Operator Instructions]

I'd now like to hand over to, Elizabeth Russell, the floor is yours. Please go ahead.

Elizabeth Russell

Thank you. Good morning, and welcome to Valvoline's Second Quarter Fiscal 2024 Conference Call and Webcast. This morning, Valvoline released results for the first quarter ended March 31, 2024. This presentation should be viewed in conjunction with that earnings release, a copy of which is available on our Investor Relations website at investors.valvoline.com.

Please note that these results are preliminary until we file our Form 10-Q with the Securities and Exchange Commission. On this morning's call is Lori Flees, our CEO and President; and Mary Meixelsperger, our CFO.

As shown on Slide 2, any of our remarks today that are not statements of historical fact are forward-looking statements. These forward-looking statements are based on current assumptions as of the date of this presentation, and are subject to certain risks and uncertainties that may cause actual results to differ materially from such statements. Valvoline assumes no obligation to update any forward-looking statements unless required by law.

In this presentation and in our remarks, we will be discussing our results on an adjusted non-GAAP basis, unless otherwise noted. Non-GAAP results are adjusted for key items, which are unusual, non-operational or restructuring in nature. We believe this approach enhances the understanding of our ongoing business. A reconciliation of our adjusted non-GAAP results to amounts reported under GAAP in a discussion of management's use of non-GAAP and key business measures is included in the presentation appendix....

For further details see:

Valvoline Inc. (VVV) Q2 2024 Earnings Call Transcript
Stock Information

Company Name: Valvoline Inc.
Stock Symbol: VVV
Market: NYSE
Website: valvoline.com

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