The competition highlights the best in the
automotive preventive maintenance industry, competing to perform
the quickest perfect oil change
LEXINGTON, Ky., June 11, 2024 /PRNewswire/ -- Valvoline Inc.
(NYSE: VVV), the quick, easy, trusted leader in preventive
automotive maintenance, today announced the 30th annual
international Oilympics competition will be held in Lexington, Kentucky, on June 11. This nod to the world Olympic games
includes 39 regional Valvoline Inc. teams across the U.S. and
Canada competing to determine
which will execute a perfect service experience.
"We are excited to host the best of the best in Valvoline's
hometown of Lexington, Kentucky,"
said Valvoline Inc., President and CEO Lori
Flees. "Starting from a field of nearly 10,000 service
center technicians, the 117 technicians who compete at Oilympics
are some of the fastest and most skilled across Valvoline's
network."
The tradition began in 1994 with Valvoline Instant Oil
ChangeSM stores and has grown into an international
competition to include Valvoline Inc.'s 1,900-plus company-owned
and franchised service centers in North
America under the Valvoline Instant Oil Change and Great
Canadian Oil Change retail service brands.
Those competing in Oilympics will complete Valvoline Inc.'s
proprietary multi-step service process called SuperPro™. The
process begins the moment a customer is greeted at the service
center and ends when the service center employee waves goodbye when
the service is complete.
Teams compete locally to determine a regional winner that will
represent their market or franchise system. Those qualifying
advance to the international competition where judges from across
the organization observe, time, and score each team.
While speed is a factor just like in the Olympics, quality of
the service delivery is what ultimately determines which teams take
gold, silver, and bronze spots on the podium. The U.S. and Canadian
gold-winning teams win the title, a trophy and an award from the
company. There are also honors for most valuable player and best
overall service experience.
About Valvoline Inc.
Valvoline Inc. (NYSE: VVV)
is the quick, easy, trusted leader in automotive preventive
maintenance. Valvoline Inc. is creating shareholder value by
driving the full potential in our core business, accelerating
network growth and innovating to meet the needs of customers and
the evolving car parc. With approximately 1,900 service centers
throughout North America,
Valvoline Inc. and our franchise partners keep customers moving
with our 4.6 out of 5 star* rated service that includes 15-minute
stay-in-your-car oil changes; battery, bulb and wiper replacements;
tire rotations; and other manufacturer recommended maintenance
services. In fiscal year 2023, Valvoline's network delivered
approximately 27 million services to generate $1.4 billion in revenue from $2.8 billion in system-wide store sales, marking
17 years of consecutive system-wide same-store sales growth. At
Valvoline Inc., it all starts with our people, including our more
than 10,00 team members and strong, long-standing franchise
partners. We are proud to be an 11-time winner of the BEST Award
for training excellence and a top-rated franchisor in our category
by Entrepreneur and Franchise Times. To learn more, or to find a
service center near you, visit vioc.com.
* Based on a survey of more than 900,000 Valvoline Instant Oil
Change℠ customers annually
™ Trademark, Valvoline Inc., or its subsidiaries, registered in
various countries
SM Service mark, Valvoline Inc., or its
subsidiaries, registered in various countries
For Further Information
Investor Inquiries
Elizabeth B. Russell
+1 (859) 357-3155
IR@valvoline.com
Media Inquiries
Angela Davied
+1 (877) 508-0832
media@valvoline.com
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SOURCE Valvoline Inc.