Quick Lubes

Additive

Sales at Oil Change Shops Jump 14%

June 19, 2024

Sales at oil change and lubrication shops in the United States rose 14% to $8 billion in 2023, continuing a trend of yea ...

Valvoline, Quaker Chemical Profits Rise

Valvoline, Quaker Chemical Profits Rise

May 8, 2024

Valvoline Inc. reported higher revenue and a quarter bump in increases in operating income for the three months ended Ma ...

Earnings Fall at WD-40

Earnings Fall at WD-40

April 10, 2024

WD-40 Co. reported a decrease in net income on increased net sales for its maintenance products segments for its second ...

Valvoline Posts Big Jump in Earnings

Valvoline Posts Big Jump in Earnings

February 14, 2024

Valvoline Inc. reported a 114% jump in operating income and a 12% increase in net sales revenue for the quarter ended De ...

Earnings Climb for Mr. Lube + Tires

Earnings Climb for Mr. Lube + Tires

November 22, 2023

Canadian quick lube service business Mr. Lube + Tires reported an 18% increase in sales revenue and slightly higher same ...

Lubrizol Profit Down, Mr. Lube Revenue Up

Lubrizol Profit Down, Mr. Lube Revenue Up

August 23, 2023

Lubrizol Corp.’s pre-tax profit for the second quarter fell 25% year to year due to the fact that earnings in the same ...

Additive

Sales Jump at Oil Change Centers

June 28, 2023

Sales at United States oil change and lubrication shops rose 11% last year to $7 billion, a joint report by the Auto Car ...

Mr. Lube Sales Continue Rising

Mr. Lube Sales Continue Rising

June 21, 2023

Mr. Lube, a leading quick lube service business with locations across Canada, increased first quarter revenue by 20% and ...

Additive

Valvoline Completes Big Stock Buyback

June 14, 2023

Valvoline completed the buyback of $1 billion-worth of its common shares last week, giving the company more boardroom co ...

Valvoline Reports Lower Income

Valvoline Reports Lower Income

February 8, 2023

Operating income for Valvoline’s Retail Services business took a dip while sales increased for the quarter ended Dec. ...

How Many Years Do Quick Lubes Have Left?

How Many Years Do Quick Lubes Have Left?

February 1, 2023

Are quick lubes on their way out, or can they manage to stay relevant for years to come? Steve Swedberg weighs in.

Profits Up for Valvoline

Profits Up for Valvoline

November 16, 2022

Valvoline’s new business model – following the August announcement of the sale of its lubes unit to Saudi Aramco – ...

Earnings Up at Valvoline, HF Sinclair, Afton

Earnings Up at Valvoline, HF Sinclair, Afton

August 10, 2022

Valvoline Inc. reported higher net income and operating income for the quarter ending June 30, in spite of a 28% increas ...

Additive

U.S. Oil Change Sales Jump

June 15, 2022

Sales at oil change and lubrication shops in the United States climbed 10% to $6.3 billion in 2021, compared to $5.7 bil ...

Valvoline Pilots EV Servicing Options

Valvoline Pilots EV Servicing Options

February 11, 2022

Valvoline, a U.S. lubrication manufacturer and car care company, launched a suite of new services aimed at electric vehi ...

Profits Fall at Afton, Mixed for Valvoline

Profits Fall at Afton, Mixed for Valvoline

February 9, 2022

Afton Chemical posted decreased operating profit for the fourth quarter and full year 2021 along with increased sales, w ...