Valvoline Inc. (VVV) Analyst/Investor Day Transcript

Elizabeth Clevinger
Investor Relations Executive

Welcome to Valvoline’s Investor update. Whether you are in the room or joining us virtually, I’m so glad to have you with us today. During our time together this morning, we’ll show you how our strategy, execution and disciplined capital allocation delivers superior returns. This is about clarity in our plan and confidence in our future. Lori Flees, our President and CEO will kick off our presentations today, followed by Linne Fulcher, our Chief Operating Officer. After a short break, we’ll be joined by Adam Worsham, our Chief Franchising Officer and Kevin Willis, our Chief Financial Officer.Following the presentations today, there will be time for Q&A. [Operator Instructions] The materials are available for download at our website, which is investors.valvoline.com.

Before we get started, I’ll ask you to take note of our safe harbor statement. Today’s presentations may include projections and expectations about future business performance. These forward-looking statements are based on current assumptions and beliefs and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated. I’d invite you to review our SEC filings at investors.valvoline.com for a detailed discussion of these risks and uncertainties. Unless otherwise noted, we will discuss adjusted results in today’s presentation.

On our website, you’ll also find a discussion of management’s use of non-GAAP and key business measures and reconciliations between GAAP results and the non-GAAP measures included in today’s presentation. Once again, thank