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Mar 27, 2021
Monro Q4 2021 Earnings Report
Monro's fourth quarter results reflected a 6.8% increase in sales and comparable store sales increase of 9.4%.
Key Takeaways
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.
Fourth quarter comparable store sales increased 9.4%.
Fourth quarter diluted EPS was $0.35 and adjusted diluted EPS was $0.38.
Fiscal 2021 operating cash flow increased 52% to a record ~$185 million.
First quarter fiscal 2022 cash dividend increased by 9% to $0.24 per share.
Monro
Monro
Forward Guidance
Monro will provide perspective on its outlook for the fiscal first quarter during its earnings conference call. The Company is not providing fiscal 2022 guidance at this time.