Valvoline Inc (NYSE:VVV)
$ 42 0.06 (0.14%) Market Cap: 5.45 Bil Enterprise Value: 6.79 Bil PE Ratio: 33.33 PB Ratio: 90.52 GF Score: 86/100

Valvoline Inc at Goldman Sachs Global Retailing Conference Transcript

Sep 12, 2023 / 07:55PM GMT
Release Date Price: $32.92 (-1.17%)
Unidentified Analyst

Okay. Hi, everyone. Thank you for joining us. You've made it to the last session of the day. Congratulations. I hope that everyone's had a good day of meetings. I know I have. It's been a real thrill to have everybody on stage. I'm excited to introduce our last session here with Valvoline with President and soon to be Chief Executive Officer, Lori Flees. Thank you for joining us today.

Lori A. Flees
Valvoline Inc. - President

Pleasure to be here. Thank you.

Unidentified Analyst

We wanted to talk to you first about just what some of the bigger challenges this year have been for Valvoline and some of the bigger wins, and then we can go into a little bit more detail from there.

Lori A. Flees
Valvoline Inc. - President

Sure. 2023 has been a significant year of transition for Valvoline. Valvoline went public as a spin-out of Ashland in 2016, and it was both a product CPG company as well as a retailer. And in this year, in 2023 on March 1, we actually separated the

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