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LEXINGTON, Ky., April 28, 2021 /PRNewswire/ Valvoline Inc. (NYSE: VVV), a leading supplier of premium branded lubricants and automotive services, today reported financial results for its second fiscal quarter ended March 31, 2021. All comparisons in this press release are made to the same prior-year period unless otherwise noted. We continue to see healthy demand and loyalty to our brand from consumers and customers, said Sam Mitchell, CEO of Valvoline. Quick Lubes had record 20% system-wide same-store sales growth and improved margins for the quarter, and International saw robust volume, top-line and earnings growth. Core North America generated top-line growth and continued to provide significant operating cash flow. This strong cash generation is a key component of our strategic transformation to a more service-driven company by funding our growth initiatives in Quick Lubes and International.
Valvoline Reports Second-Quarter Results, Raises Fiscal 2021 Guidance prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Priti Ramgarhia- April 20, 2021, 10:35 AM EDT SHARE ON:
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Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Valvoline Inc. First Quarter 2021 Earnings Conference Call. [Operator Instructions]
I would now like to hand today s conference over to your speaker, Sean Cornett, Head of Investor Relations. Thank you. Please go ahead.
Sean T. Cornett
Director, Investor Relations
Thanks, Stephanie. Good morning, and welcome to Valvoline s first quarter fiscal 2021 conference call and webcast. Valvoline released results for the quarter ended December 31, 2020, at approximately 5:00 p.m. Eastern Time yesterday, February 3, and this presentation and remarks should be viewed in conjunction with that earnings release, a copy of which is available on our Investor Relations website at investors.valvoline.com. These results are preliminary until we file our Form 10-Q with the Securities and Exchange Commission. A copy of the press release has been furnished to the SEC on a Form 8-K. With me on the call today are Valvoline s