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Monro, Inc. - MNRO STOCK NEWS

Welcome to our dedicated page for Monro news (Ticker: MNRO), a resource for investors and traders seeking the latest updates and insights on Monro stock.

Monro, Inc., headquartered in Rochester, New York, is a prominent player in the automotive service industry in the United States. The company operates over 1,000 service stations across 25 states, primarily serving the eastern half of the country. Monro provides a comprehensive range of services focused on undercar maintenance, including brake, steering, exhaust, drivetrain, and suspension systems, as well as tire sales and services.

Monro, Inc. is dedicated to being the leading automotive service provider in its markets by offering consumers and businesses superior value through high-quality service at competitive prices, coupled with exceptional convenience and customer service. The company also strives to be a rewarding place for its employees by fostering a motivating and supportive work environment, while simultaneously delivering superior returns to its shareholders.

Recently, Monro announced a significant partnership with BFGoodrich Tires as the 'Official Auto Repair and Tire Partner' for the 2024 World's Strongest Man competition. This collaboration emphasizes Monro's commitment to showcasing the strength and durability of BFGoodrich tires and includes a limited-time promotion offering a free alignment with the purchase of a set of four BFGoodrich tires.

Monro's financial performance continues to reflect its strategic initiatives and market leadership. The company remains focused on expanding its footprint, enhancing its service offerings, and leveraging partnerships to drive growth and customer satisfaction.

For career opportunities at Monro, visit the company’s careers section at http://careers.monro.com, where you can view current openings and download an employment application.

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Monro, Inc. (Nasdaq: MNRO), a leading automotive undercar repair and tire services provider, will release its fiscal 2025 first quarter earnings on July 31, 2024. The company will host a conference call and audio webcast at 8:30 a.m. Eastern Time on the same day. Monro generated almost $1.3 billion in sales in fiscal 2024 and continues to expand its national presence through strategic acquisitions and new store openings.

With approximately 1,300 stores and 9,000 service bays nationwide, Monro offers customers professional service with the convenience of a neighborhood garage. The company's trained technicians use state-of-the-art technology to diagnose and address automotive needs.

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Monro (Nasdaq: MNRO) has published its fourth annual ESG report for fiscal year 2024, emphasizing its commitment to environmental, social, and governance factors. Key highlights include the completion of its first ESG materiality analysis, enhanced Teammate engagement and safety programs, and a community engagement strategy. Notably, the company has made strides towards achieving 100% LED lighting in stores by 2028. CEO Mike Broderick stressed that these initiatives are designed to build a resilient and sustainable Monro, creating value for all stakeholders. The full report is available on Monro’s corporate website.

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Monro (Nasdaq: MNRO), a leading automotive undercar repair and tire service provider, announced participation in the Oppenheimer 24th Annual Consumer Growth and E-Commerce Conference on June 12, 2024. Brian D’Ambrosia, CFO, and Felix Veksler, Senior Director of Investor Relations, will represent Monro in a Fireside Chat at 9:45 AM ET. A live webcast will be available on Monro's corporate website.

Monro generated approximately $1.3 billion in sales in fiscal 2024 through strategic acquisitions and new store openings. The company operates around 1,300 stores and 9,000 service bays nationwide, combining professional service with neighborhood trust.

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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.

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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.

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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.

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Monro, Inc. partners with BFGoodrich Tires as the Official Auto Repair and Tire Partner of the 2024 World's Strongest Man competition. Several sponsors return, includingSBD, Rogue, KNAACK, REIGN Total Body Fuel, Visit Myrtle Beach, AIRWAAV, and KultureCity. The event will take place in Myrtle Beach, South Carolina from May 1-5, 2024, featuring top strongmen in various events. Monro will offer a promotion with BFGoodrich tires, while SBD Apparel, Rogue Fitness, KNAACK, REIGN Total Body Fuel, and AIRWAAV will sponsor different aspects of the competition.
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Monro, Inc. (MNRO) executives will participate in a Fireside Chat at the UBS Global Consumer and Retail Conference on March 14, 2024. The event will feature Brian D’Ambrosia, CFO, and Felix Veksler, Director of Investor Relations. A live webcast will be accessible on the company's website.
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Monro, Inc. (MNRO) appoints Jack Heisman as Vice President - Human Resources, overseeing HR, Training, and Corporate Communications. He aims to enhance organizational effectiveness and uphold Monro's core values amidst business transformation and growth.
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Monro, Inc. (MNRO) executives to participate in Bank of America Securities Consumer & Retail Conference. Brian D’Ambrosia and Felix Veksler to join a Fireside Chat on March 12, 2024, at 8:50AM ET. Live webcast accessible on the company's website.
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FAQ

What services does Monro, Inc. provide?

Monro, Inc. provides a comprehensive range of automotive services including brake, steering, exhaust, drivetrain, suspension systems maintenance, and tire sales and services.

Where is Monro, Inc. headquartered?

Monro, Inc. is headquartered in Rochester, New York.

How many stores does Monro, Inc. operate?

Monro, Inc. operates over 1,000 stores across 25 states in the United States.

What is Monro’s goal in the markets it serves?

Monro aims to be the dominant automotive service provider by offering superior value, quality service, and exceptional customer convenience.

How does Monro support its employees?

Monro strives to create a motivating and supportive work environment, being a rewarding place for dedicated and motivated employees.

What recent partnership has Monro, Inc. announced?

Monro announced a partnership with BFGoodrich Tires as the 'Official Auto Repair and Tire Partner' for the 2024 World's Strongest Man competition.

What promotion is Monro offering in collaboration with BFGoodrich Tires?

Monro is offering a free alignment with the purchase of a set of four BFGoodrich tires as part of their partnership promotion.

How can I apply for a job at Monro, Inc.?

You can visit Monro's careers section at http://careers.monro.com to see current job openings and download an employment application.

What is Monro, Inc.'s financial strategy?

Monro focuses on expanding its footprint, enhancing service offerings, and leveraging partnerships to drive growth and customer satisfaction.

What is Monro, Inc.'s approach to customer service?

Monro is committed to providing superior value and a quality job at a fair price, ensuring exceptional customer service and convenience.

Monro, Inc.

Nasdaq:MNRO

MNRO Rankings

MNRO Stock Data

723.34M
29.92M
2.21%
105.24%
13.14%
General Automotive Repair
Other Services (except Public Administration)
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United States of America
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