Valvoline Inc. (VVV) Q1 2023 Earnings Name Transcript

Valvoline Inc. (NYSE:VVV) Q1 2023 Earnings Convention Name February 7, 2023 9:00 AM ET

Firm Members

Elizabeth Russell – Investor Relations

Sam Mitchell – Chief Government Officer

Lori Flees – President of Retail Companies

Mary Meixelsperger – Chief Monetary Officer

Convention Name Members

Simeon Gutman – Morgan Stanley

Mike Harrison – Seaport Analysis Companions

Dan Rizzo – Jefferies

Chris Shaw – Monness, Crespi & Hardt


Good morning or good afternoon, all, and welcome to the Valvoline First Quarter FY ‘23 Earnings Webcast. My title is Adam, and I will be your operator for right this moment. [Operator Instructions]

I’ll now hand the ground over to Elizabeth Russell to start. So Elizabeth, please go forward if you find yourself prepared.

Elizabeth Russell

Thanks, Adam. Good morning, and welcome to Valvoline’s first quarter fiscal 2023 convention name and webcast. On February 7, at roughly 7:00 a.m. Jap Time, Valvoline launched outcomes for the primary quarter ended December 31, 2022. This presentation must be seen together with that earnings launch, a replica of which is obtainable on our Investor Relations web site at Please be aware that these outcomes are preliminary till we file our Kind 10-Q with the Securities and Trade Fee.

On this morning’s name is Sam Mitchell, our CEO, Lori Flees, our President of Retail Companies; and Mary Meixelsperger, our CFO.

As proven on slide two, any of our remarks right this moment that aren’t statements of historic information are forward-looking statements. These forward-looking statements are primarily based on present assumptions as of the date of this presentation and are topic to sure dangers and uncertainties which will trigger precise outcomes to vary materially from such statements. Valvoline assumes no obligation to replace any forward-looking statements except required by regulation.

On this presentation and in our remarks, we will likely be discussing our outcomes on an

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