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Sep 28, 2024
Monro Q2 2025 Earnings Report
Monro's financial performance declined in Q2 2025, with sales and comparable store sales decreasing compared to the prior year, impacting profitability.
Key Takeaways
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.
Sales decreased by 6.4% to $301.4 million compared to the prior year.
Comparable store sales decreased by 5.8%, with varying performance across different product categories.
Operating income decreased to $13.2 million, or 4.4% of sales, compared to $22.4 million, or 6.9% of sales in the prior year period.
Net income decreased to $5.6 million, with diluted earnings per share of $.18.
Monro
Monro
Forward Guidance
Monro is not providing fiscal 2025 financial guidance at this time but will provide perspective on its expectations for the full year of fiscal 2025 during its earnings conference call.