Valvoline Inc. (NYSE:VVV) Q4 2024 Earnings Conference Call November 19, 2024 9:00 AM ET
Company Participants
Elizabeth Clevinger - IR
Lori Flees - President and CEO
Mary Meixelsperger - CFO
Conference Call Participants
David Bellinger - Mizuho
Steven Vangeli - Citi
Lauren Ng - Morgan Stanley
Justin Kleber - Baird
Mike Harrison - Seaport Global Securities
Thomas Wendler - Stephens
Peter Keith - Piper Sandler
Bret Jordan - Jefferies
David Lantz - Wells Fargo
Steve Shemesh - RBC Capital Markets
Operator
Hello everyone and welcome to Valvoline's Fourth Quarter Fiscal 2024 Conference Call and Webcast. My name is Lydia, and I'll be your operator today. [Operator Instructions]
I'll now hand you over to Elizabeth Clevinger with Investor Relations to begin. Please go ahead.
Elizabeth Clevinger
Thank you. Good morning, and welcome to Valvoline's fourth quarter fiscal 2024 conference call and webcast.
This morning, Valvoline released results for the fourth quarter and fiscal year ended September 30, 2024. This presentation should be viewed in conjunction with that earnings release, a copy of which is available on our Investor Relations website at investors.valvoline.com. Please note that these results are preliminary until we filed our Form 10-K with the Securities and Exchange Commission. On this morning's call is Lori Flees, our President and CEO; and Mary Meixelsperger, our CFO.
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 assumptions 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 our remarks, we will be discussing our results on an adjusted non-GAAP basis unless otherwise noted. Non-GAAP results are adjusted for key items, which are unusual, non-operational or restructuring in nature. We believe this approach enhances the understanding of our ongoing business. A reconciliation of our GAAP to adjusted non-GAAP results and a discussion of management's use of non-GAAP and key business measures is included in the presentation appendix. The information provided is used by our management and may not be comparable to similar measures used by other companies. As a reminder, the retail services business represents the company's continuing operations and the former Global Products segment is classified as discontinued operations for the purposes of GAAP reporting.