Valvoline Inc. reported earnings results for the fourth quarter ended September 30, 2023. For the fourth quarter, the company reported sales was USD 390 million compared to USD 335.4 million a year ago. Net income was USD 45.2 million compared to USD 157.7 million a year ago.

Basic earnings per share from continuing operations was USD 0.54 compared to USD 0.07 a year ago. Diluted earnings per share from continuing operations was USD 0.53 compared to USD 0.07 a year ago. Basic earnings per share was USD 0.33 compared to USD 0.89 a year ago.

Diluted earnings per share was USD 0.32 compared to USD 0.88 a year ago.