Dec. 3 at 12:14 PM
$VVV expands its footprint with a
$625M acquisition — but is it enough to reverse a 22.4% stock decline? 📉
🌟 Valvoline acquires Breeze Autocare, adding nearly 200 stores, aiming for 3,500 locations in North America.
🔄 Deal expected to be EPS-neutral initially, but accretive over time.
⏸️ Share repurchases paused; acquisition funded through a Term Loan B, with a focus on synergies and long-term growth.
Discover the full impact on VVV’s strategy here 👉 https://www.zacks.com/stock/news/2798697/valvoline-closes-breeze-autocare-deal-boosts-growth-strategy?cid=sm-stocktwits-2-2798697-body-23179&ADID=SYND_STOCKTWITS_TWEET_2_2798697_BODY_23179