Valvoline Expects FY24 Adjusted EPS Of $1.40-$1.65; Plans To Add 140-170 Stores To The Network, With 55-70 Coming From Franchisees
Portfolio Pulse from Benzinga Newsdesk
Valvoline has announced its expectation for FY24 adjusted EPS to be between $1.40-$1.65. The company also plans to add 140-170 stores to its network, with 55-70 of these coming from franchisees.
November 09, 2023 | 12:19 pm
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Valvoline's announcement of its FY24 adjusted EPS forecast and expansion plans could potentially impact its stock price.
The company's earnings per share (EPS) forecast is a key indicator of its profitability. A higher EPS often leads to a higher stock price. Additionally, the company's expansion plans indicate growth, which is generally viewed positively by investors.
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