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FINWIRES

加拿大皇家銀行表示,瓦爾沃林第二季業績可望超越預期,主要得益於強勁的同店銷售和定價策略。

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-- 加拿大皇家銀行資本市場(RBC Capital Markets)週一發布的報告稱,瓦爾沃林(Valvoline,股票代碼:VVV)第二財季業績預計將超出華爾街預期,這主要得益於強勁的同店銷售增長和價格策略,這些因素應能抵消不斷上漲的原材料成本。 該機構預計瓦爾沃林第二財季同店銷售額將成長5.7%,調整後息稅折舊攤提前利潤(EBITDA)將達到1.26億美元,均高於市場普遍預期。報告指出,強勁的需求和價格上漲動能應能抵銷基礎油價格上漲的影響,而該機構認為基礎油價格上漲「已經過高」。 展望未來,瓦爾沃林被認為能夠有效應對通膨壓力,預計價格策略將在很大程度上抵消基礎油成本的上漲。該機構表示,目前的業績指引可能較為保守,這意味著瓦爾沃林有可能發布「超出預期並上調」的業績指引,這可能會提振市場情緒。 報告稱,中期來看,瓦爾沃林在出售其全球產品部門後,預計將受益於更強勁的增長和更高的利潤率,預計在持續擴張的同時,實現兩位數中段的銷售增長「是可以實現的」。 加拿大皇家銀行(RBC)對勝牌(Valvoline)的評級為“跑贏大盤”,目標價為46美元。

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