Quick Lubes

Illinois Attorney General Kwame Raoul announced the state had settled with Valvoline to resolve allegations of unfair labor practices at the oil chan ...

Sales at oil change and lubrication shops in the United States rose 14% to $8 billion in 2023, continuing a trend of year-on-year increases since decl ...

Valvoline Inc. reported higher revenue and a quarter bump in increases in operating income for the three months ended March 31, while Quaker Chemical ...

Earnings Fall at WD-40

April 10, 2024

WD-40 Co. reported a decrease in net income on increased net sales for its maintenance products segments for its second fiscal quarter ended Feb. 29, ...

Valvoline Inc. reported a 114% jump in operating income and a 12% increase in net sales revenue for the quarter ended Dec. 31, which is the first quar ...

Canadian quick lube service business Mr. Lube + Tires reported an 18% increase in sales revenue and slightly higher same-store sales growth for the th ...

Lubrizol Corp.’s pre-tax profit for the second quarter fell 25% year to year due to the fact that earnings in the same period of 2022 were inflated ...

Sales at United States oil change and lubrication shops rose 11% last year to $7 billion, a joint report by the Auto Care Association and MEMA Afterma ...

Mr. Lube, a leading quick lube service business with locations across Canada, increased first quarter revenue by 20% and same-store sales by 18%, pare ...

Valvoline completed the buyback of $1 billion-worth of its common shares last week, giving the company more boardroom control. A stock analyst said th ...

Operating income for Valvoline’s Retail Services business took a dip while sales increased for the quarter ended Dec. 31, which is the first quarter ...

Are quick lubes on their way out, or can they manage to stay relevant for years to come? Steve Swedberg weighs in.

Profits Up for Valvoline

November 16, 2022

Valvoline’s new business model – following the August announcement of the sale of its lubes unit to Saudi Aramco – kept positive momentum in sal ...

Valvoline Inc. reported higher net income and operating income for the quarter ending June 30, in spite of a 28% increase in cost of sales. Meanwhile, ...

Sales at oil change and lubrication shops in the United States climbed 10% to $6.3 billion in 2021, compared to $5.7 billion in 2020, according to a j ...

Valvoline, a U.S. lubrication manufacturer and car care company, launched a suite of new services aimed at electric vehicles in selected retail outlet ...

Afton Chemical posted decreased operating profit for the fourth quarter and full year 2021 along with increased sales, while Valvoline saw an increase ...

More than half of United Kingdom drivers responding to a recent survey said they have delayed vehicle maintenance such as engine oil changes during th ...

Calumet Specialty Products Partners L.P. reported much improved earnings for the quarter ending Sept. 30, showing signs of emerging from COVID-19 pand ...