Back to top

Image: Bigstock

Valvoline (VVV) Opens VIOC Service Center in Williamsburg

Read MoreHide Full Article

Valvoline Inc. (VVV - Free Report) recently announced the opening of acompany-owned Valvoline Instant Oil Change (VIOC) service center in Williamsburg, VA. With this, the company currently owns six VIOC quick-lube locations operating in the state. The move expanded the company’s existing network of more than 1,300 franchised and owned VIOC stores.

Notably, VIOC stores offer a wide variety of services that include tire rotation, preventive maintenance services related to the radiator, air conditioning and transmission as well as replacement of safety parts like light bulbs and wiper blades. Most of the locations provide fuel system and battery services. VIOC service stores allow customers to stay inside the car and survey the services.

Recently, the company acquired two quick lube locations based in the Houston area. Currently, these quick lube locations are serving as VIOC stores.

Valvoline is working diligently to strengthen its quick-lube model. In this regard, it has undertaken several efforts ranging from organic expansion of stores to starting VOIC service stores and Express Care centers at acquired locations. This model enables the company to provide quick and reliable services to customers through a convenient approach.

However, the company faces strong competition in all product categories and subcategories. Notably, its major peers for retail customers include global integrated oil brands like Exxon Mobil Corporation (XOM - Free Report) , BP p.l.c. (BP - Free Report) and Royal Dutch Shell plc (RDS.A - Free Report) . In addition, analysts have become increasingly bearish on Valvoline. In the past couple of months, the Zacks Consensus Estimate for fiscal 2019 earnings has declined from $1.39 to $1.34, thanks to six downward estimate revisions versus none upward.

Zacks' Top 10 Stocks for 2019

In addition to the stocks discussed above, wouldn't you like to know about our 10 finest buy-and-holds for the year?

From more than 4,000 companies covered by the Zacks Rank, these 10 were picked by a process that consistently beats the market. Even during 2018 while the market dropped -5.2%, our Top 10s were up well into double-digits. And during bullish 2012 – 2017, they soared far above the market's +126.3%, reaching +181.9%.

This year, the portfolio features a player that thrives on volatility, an AI comer, and a dynamic tech company that helps doctors deliver better patient outcomes at lower costs.

See Stocks Today >>




In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Valvoline Inc. (VVV) - free report >>

Exxon Mobil Corporation (XOM) - free report >>

BP p.l.c. (BP) - free report >>

Royal Dutch Shell PLC (RDS.A) - free report >>

More from Zacks Analyst Blog

You May Like