Monro Earnings Reports

Monro faced a challenging Q4 2025, posting a net loss and decreased revenue driven by fewer selling days and increased impairment costs. Despite this, comparable store sales adjusted for days showed growth.

Monro reported a decrease in sales and earnings for the third quarter of fiscal 2025. Sales decreased by 3.7% to $305.8 million, and net income decreased to $4.6 million, with diluted earnings per share of $0.15. Comparable store sales decreased by 0.8%.

Monro, Inc. reported a decrease in sales and profitability for the second quarter of fiscal year 2025. Sales decreased by 6.4% to $301.4 million, and comparable store sales decreased by 5.8%. This decline impacted operating income and net income, which also decreased compared to the prior year period. The company closed 12 stores during the quarter, ending with 1,272 company-operated stores and 50 franchised locations.

Monro, Inc. reported a decrease in sales by 10.3% to $293.2 million compared to the previous year. Despite the sales decrease, the gross margin expanded by 220 basis points. The company's diluted EPS was $0.19, and adjusted diluted EPS was $0.22. Monro generated $26 million in cash from operating activities.

Monro, Inc. reported a slight decrease in sales for the fourth quarter of fiscal year 2024, with sales decreasing by 0.2% to $310.1 million. However, the company saw an expansion in gross margin by 210 basis points. Net income increased significantly to $3.7 million, with diluted earnings per share at $0.12, and adjusted diluted earnings per share at $0.21.

Monro, Inc. reported a decrease in sales for the third quarter of fiscal year 2024, with sales decreasing by 5.2% to $317.7 million. Comparable store sales also decreased by 6.1% due to milder weather and a pressured low-to-middle income consumer. Diluted EPS was reported at $0.38, and adjusted diluted EPS was $0.39. The company ended the quarter with 1,296 company-operated stores and 51 franchised locations.

Monro, Inc. reported a decrease in sales for the second quarter of fiscal year 2024, with comparable store sales also declining. The company's profitability was maintained through cost control measures, despite the challenging macroeconomic environment.

Monro, Inc. reported a decrease in sales for the first quarter of fiscal year 2024, primarily due to the divestiture of its Wholesale tire and distribution assets. Comparable store sales saw a slight increase. The company generated cash from operating activities and distributed a cash dividend.

Monro, Inc. reported a decrease in sales for the fourth quarter of fiscal year 2023, primarily due to the divestiture of its Wholesale tire and distribution assets. However, comparable store sales increased, driven by strong performance in small or underperforming stores. The company's profitability fell short of expectations due to labor cost pressures and customer trade-downs. Monro is implementing pricing actions and cost reductions to improve gross margins.

Monro, Inc. reported a decrease in sales by 1.9% to $335.2 million for the third quarter of fiscal year 2023, primarily due to the divestiture of its Wholesale tire and distribution assets. However, comparable store sales increased by 5.6%, driven by a significant increase in small or underperforming stores. Diluted EPS was reported at $0.41, with an adjusted diluted EPS of $0.43.

Monro, Inc. reported a decrease in sales for the second quarter of fiscal year 2023, primarily due to the divestiture of its Wholesale tire and distribution assets. However, comparable store sales increased slightly, driven by strong performance in small or underperforming stores. The company is focused on strategic initiatives to improve performance and capture market share.

Monro, Inc. reported a 2.3% increase in sales to $349.5 million for the first quarter of fiscal 2023. Comparable store sales increased by 2.8% in retail locations, with a significant 15% increase in ~300 small or underperforming stores. Diluted EPS was $.37, and adjusted diluted EPS was $.42. The company generated record operating cash flow of ~$77 million and completed the divestiture of non-core wholesale and tire distribution assets for ~$102 million.

American Tire Distributors (ATD) will acquire Monro's wholesale tire distribution assets, known as Tires Now, for $105 million in cash. The transaction is expected to close by the end of the second quarter of calendar 2022.

Monro reported a strong third quarter with sales up 20.1% to $341.8 million, exceeding pre-pandemic levels. Comparable store sales increased by 13.8%, and diluted EPS was reported at $0.48, with an adjusted EPS of $0.49. The company also completed acquisitions of 17 new stores, expected to generate approximately $25 million in annualized sales.

Monro, Inc. reported a strong second quarter with a 20.5% increase in sales to $347.7 million and a comparable store sales increase of 14.8%. Diluted earnings per share were $.62, and the company increased its second quarter dividend to $.26 per share. The company also signed definitive agreements to acquire 17 new stores across Southern California and Iowa.

Monro, Inc. announced strong first quarter fiscal 2022 results with a 38.4% increase in sales to a record $341.8 million, driven by a 34.5% increase in comparable store sales. Diluted EPS was $.46, and adjusted diluted EPS was $.55.

Monro, Inc. reported a 6.8% increase in sales for the fourth quarter of fiscal year 2021, with comparable store sales increasing by 9.4%. Diluted EPS was $0.35, and adjusted diluted EPS was $0.38. The company also completed the acquisition of 30 California-based stores.

Monro, Inc. reported a decrease in sales for the third quarter of fiscal year 2021, with sales decreasing by 13.6% to $284.6 million compared to the same period last year. The decrease was driven by a comparable store sales decline of 13.0%. Net income also decreased to $6.7 million, or $0.20 per diluted share, compared to $18.9 million, or $0.56 per diluted share, in the prior year period.

Monro, Inc. reported a decrease in sales by 11.0% to $288.6 million compared to the same quarter last year, with a comparable store sales decline of 11.4%. Diluted earnings per share were $.38, which included $.01 of costs related to Monro.Forward and management transition. Despite the challenges, the company focused on managing operating hours, staffing levels, and cost reductions, leading to a significant increase in operating cash flow for the first half of the fiscal year. Monro also signed an agreement to acquire 17 stores in Southern California.

Monro, Inc. reported a decrease in sales by 22.1% to $247.1 million compared to the previous year, with a diluted EPS of $0.09. The decline was primarily due to a decrease in traffic related to the COVID-19 pandemic, though monthly comparable store sales improved sequentially throughout the quarter. The company completed the rollout of its Amazon.com collaboration and closed 36 stores as part of its portfolio optimization.

Monro, Inc. reported a decrease in sales for the fourth quarter of fiscal year 2020, driven by a decline in comparable store sales due to the COVID-19 pandemic and mild winter weather. The company experienced a net loss for the quarter, compared to net income in the same period of the prior year. Monro is not providing fiscal year 2021 guidance due to the uncertainty of the duration and magnitude of the COVID-19 pandemic impact.

Monro, Inc. reported a 6.2% increase in sales for the third quarter of fiscal year 2020, reaching a record $329.3 million. The increase was driven by new store sales, including acquisitions, but was partially offset by a comparable store sales decrease of 0.9%. Diluted earnings per share were $.56, compared to $.61 in the same period last year.