Valvoline Inc (NYSE:VVV)
$ 42.93 -0.48 (-1.11%) Market Cap: 5.53 Bil Enterprise Value: 6.95 Bil PE Ratio: 35.29 PB Ratio: 52.55 GF Score: 85/100

Valvoline Inc at Consumer Analyst Group of New York Conference Transcript

Feb 19, 2020 / 08:00PM GMT
Release Date Price: $22.13 (+0.41%)
Unidentified Analyst

All right, if everyone could take their seats. Next up on the CAGNY stage, we have Valvoline. Valvoline has been around for more than 150 years but it's still relatively new as a separate publicly traded company, having done an IPO about 3.5 years ago and with a final separation about 6 months later.

They have a long history of product innovation with a well-known brand, but more and more, the growth of the company is coming from its retail services business, represented in its Quick Lubes segment where it operates and franchises stores that do preventative vehicle maintenance.

Presenters today are Valvoline's CEO, Sam Mitchell; CFO, Mary Meixelsperger; and Tony Puckett, President of the Quick Lubes segment. With that, I'll pass it along to Sam.

Samuel J. Mitchell
Valvoline Inc. - CEO & Director

All right. Thank you, Andrew. What we learned this morning when we kicked off, that Kellogg's was celebrating their 114th birthday, I believe, and I agree with Steve in that you have to do a lot of things right to last that long.

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