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Monro (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, announced that key executives will participate in the 2024 RBC Capital Markets Consumer Day on June 6, 2024. The event will feature a Fireside Chat at 10:40 AM ET, with participants including Michael T. Broderick (CEO), Brian D’Ambrosia (CFO), and Felix Veksler (Senior Director of Investor Relations). Monro generated nearly $1.3 billion in sales in fiscal 2024 and continues to grow through strategic acquisitions and new store openings. The live webcast will be available on Monro's website.
Monro (NASDAQ: MNRO) announced its financial results for Q4 and fiscal year 2024, ending March 30, 2024. Q4 sales slightly decreased by 0.2% to $310.1 million while comparable store sales grew 0.1% but fell 7.2% when adjusted for days. Despite lower sales, gross margin improved by 210 basis points. Operating income rose to $10.3 million compared to $6.2 million in the previous year, with net income at $3.7 million, up from $0.4 million. Full-year sales declined by 3.7% to $1.277 billion. Operating cash flow for fiscal 2024 was $125 million. The company's Board approved a $0.28 per share cash dividend for Q1 fiscal 2025.
Monro, Inc. (Nasdaq: MNRO) will report its fiscal 2024 fourth quarter and year-end earnings on May 23, 2024. The company will host a conference call and audio webcast on the same day. Monro is a leading automotive service and tire provider with around 1,300 stores nationwide. Generating $1.3 billion in sales in fiscal 2023, Monro focuses on sustainable growth through acquisitions and new store openings.