Valvoline Inc. (NYSE:VVV) Q1 2024 Earnings Call Transcript

Mary Meixelsperger: And the other piece, Lori, is really just continued benefit from miles driven. We’ll continue to see lesser but continuing benefit as we see miles driven continue to increase.

Lori Flees: Yes. And the last one, I think, to add is around the speed of service. So we continue to look at our process and the technology that we use in stores to make our process and our best-in-class customer experience easier and faster to deliver, and we know that if we can take a minute out of that service time, it’s more cars that can go through the days during peak periods. And so that, we believe, will continue to be provide us a tailwind on transactions going forward. So it’s all 4 of those things, Jim, that will drive the transaction side.

Operator: Thank you. We have no further questions. I will now hand back to Elizabeth for any closing comments.

Elizabeth Russell: Thank you all for your time today and for your thoughtful questions. We look forward to our ongoing discussions. This concludes our call for today.

Operator: Thank you. This now concludes today’s call. Thank you all for joining. You may now disconnect your lines.