Jun 29, 2024

Monro Q1 2025 Earnings Report

Monro's first quarter results for fiscal year 2025 were announced, featuring a decrease in sales but an expansion in gross margin.

Key Takeaways

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.

Gross margin expanded by 220 basis points.

Diluted EPS was $0.19, while adjusted diluted EPS reached $0.22.

Cash from operating activities totaled $26 million.

A cash dividend of $0.28 per share was distributed for the first quarter of fiscal year 2025.

Total Revenue
$293M
Previous year: $327M
-10.3%
EPS
$0.22
Previous year: $0.31
-29.0%
Comparable store sales
-9.9%
Previous year: 0.5%
-2080.0%
Gross margin
220%
Gross Profit
$109M
Previous year: $114M
-4.6%
Cash and Equivalents
$18.7M
Previous year: $15.3M
+21.9%
Free Cash Flow
$16.8M
Previous year: $64.1M
-73.8%
Total Assets
$1.71B
Previous year: $1.75B
-2.4%

Monro

Monro

Forward Guidance

Monro is not providing fiscal 2025 financial guidance at this time but will provide perspective on its expectations for the fiscal second quarter as well as the full year of fiscal 2025 during its earnings conference call.