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Valvoline's (VVV) CEO Sam Mitchell on Q2 2021 Results - Earnings Call Transcript

May 01, 2021 9:19 AM ETValvoline Inc. (VVV)
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Valvoline, Inc. (NYSE:VVV) Q2 2021 Earnings Conference Call April 29, 2021 9:00 AM ET

Company Participants

Sean Cornett - SD, IR

Sam Mitchell - CEO

Mary Meixelsperger - CFO

Conference Call Participants

Laurence Alexander - Jefferies

Michael Kessler - Morgan Stanley

Stephanie Benjamin - Truist

Chris Shaw - Monness, Crespi

Wendy Nicholson - Citi

Mike Harrison - Seaport Global Securities


Ladies and gentlemen, thank you for standing by, and welcome to the Valvoline, Inc. 2Q 2021 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. [Operator Instructions].

I would now like to hand the conference over to your speaker today, Sean Cornett. Thank you. Please go ahead, sir.

Sean Cornett

Thanks, Christy. Good morning, and welcome to Valvoline's second quarter fiscal 2021 conference call and webcast.

Valvoline released results for the quarter ended March 31, 2021, at approximately 5:00 p.m. Eastern Time yesterday, April 28. 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 Chief Executive Officer, Sam Mitchell; and Mary Meixelsperger, Chief Financial Officer.

As shown on Slide 2, any of our remarks today that are not statements of historical fact are forward-looking statements. These forward-looking statements are based on current assumption as of the date of this presentation and are subject to certain risks and uncertainties that may cause actual results to differ materially from such statements. Valvoline assumes no obligation to update any forward-looking statements unless required by law.

In this presentation, and in

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