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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.
Net sales from stores in U.S. and Canada open more than twelve calendar months increased 8.2%
Diluted net income per share increased to $1.51 per share
Adjusted diluted net income per share increased 51.5% to $2.06 per share
Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) increased to $848.7 million, or 18.2% of sales
Net operating cash increased 256% to $195.7 million
Completed a three-for-one stock split to improve accessibility to a broader base of investors
The Company anticipates FY21 diluted net income per share in the range of $7.66 to $7.93 per share, including a loss of $0.34 per share from a divestiture and acquisition-related amortization expense of $0.80 per share
Invesco Reports Results for the Three Months Ended March 31, 2021
Invesco Announces First Quarter Diluted EPS of $0.58; Adjusted Diluted EPS(1) of $0.68
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ATLANTA, April 27, 2021 /PRNewswire/ Invesco Ltd. (NYSE: IVZ) today reported financial results for the three months ended March 31, 2021.
$24.5 billion of net long-term inflows, reflecting annualized long-term organic growth of 8.8%, led by net inflows into ETFs, continued strength in Fixed Income, and net inflows into Balanced funds
$1,404.1 billion in ending AUM, an increase of 4.0% over the prior quarter
20.7% operating margin; 40.2% adjusted operating margin
(1)
Update from Marty Flanagan, President and CEO We re off to a strong start this year with $24.5 billion in net long-term inflows, a record quarterly level of flows for the firm that helped us generate positive operating leverage in the quarter said Marty Flanagan, President and CEO. The strong
Ternium Announces First Quarter of 2021 Results apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.