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. (NASDAQ: MNRO) is described in its public communications as one of the nation’s leading automotive service and tire providers, with a focus on automotive undercar repair and tire services. The Monro, Inc. (MNRO) news feed on Stock Titan brings together company-issued press releases and other coverage so readers can follow developments affecting this automotive service and tire business.
News about Monro frequently centers on its financial performance and earnings reporting. The company regularly announces dates for quarterly earnings releases and related conference calls and audio webcasts, where it discusses results such as comparable store sales, gross margin trends, operating income, and cash flow. These updates provide insight into how Monro’s store portfolio, undercar repair services, tire sales, and maintenance offerings are performing over time.
Monro’s news flow also includes corporate actions and capital allocation decisions. The company issues press releases when its board of directors declares quarterly cash dividends on its common stock, and it has announced the adoption of a limited-duration shareholder rights plan designed to address significant accumulations of its shares. Leadership and governance developments, such as employment agreements with senior executives or participation in investor conferences and automotive or growth-focused symposiums, are also disclosed through news releases.
For readers tracking MNRO, this news page offers a centralized view of updates related to automotive undercar repair and tire services, financial results, dividends, governance decisions, and strategic initiatives described by the company. Investors, analysts, and others interested in Monro’s business can use this stream of information to monitor how the company communicates its performance improvement plan, store portfolio decisions, merchandising approach, and broader corporate priorities over time.
Monro, Inc. (Nasdaq: MNRO), a top automotive service provider, is set to release its fiscal 2022 third quarter earnings on January 26, 2022. The company will hold a conference call at 8:30 a.m. ET on the same day, accessible by calling 1-877-425-9470. A replay will be available from February 9, 2022, via the same number. In fiscal 2021, Monro reported $1.1 billion in sales, operating nearly 1,300 stores nationwide. This indicates a growing market share and a commitment to sustainable growth through strategic acquisitions.
Monro, Inc. (NASDAQ: MNRO) has declared a quarterly cash dividend of $.26 per share, which will be payable on December 21, 2021. Shareholders of record by the close of business on December 7, 2021 will receive this distribution. In fiscal 2021, the company generated $1.1 billion in sales and continues to grow its presence through acquisitions and new store openings across nearly 1,300 locations nationwide.
Monro, Inc. (Nasdaq: MNRO), a prominent automotive service and tire provider, announced that CEO Mike Broderick and CFO Brian D’Ambrosia will present at the Stephens Annual Investment Conference on December 2, 2021, at 3:00 PM CT. The event will be available via live webcast on the company's website and archived for 90 days. In fiscal 2021, Monro generated $1.1 billion in sales, operating nearly 1,300 stores nationwide. With a commitment to quality service and sustainability, the company continues to expand its market presence.
Monro, Inc. (MNRO) reported strong financial results for its second quarter, with sales surging 20.5% to a record $347.7 million. Comparable store sales rose 14.8%, while diluted EPS increased to $.62 from $.38 year-over-year. The company announced plans to acquire 17 new stores in Southern California and Iowa, expected to generate $25 million in annual sales. A cash dividend of $.26 per share was also declared, marking an 18% increase compared to the prior year. Strong performance was noted in service categories like brakes and alignments.
Monro, Inc. (Nasdaq: MNRO) is set to release its fiscal 2022 second quarter earnings on October 27, 2021.
The Company will conduct a conference call and audio webcast at 8:30 a.m. Eastern Time that day.
Interested parties can join the call by dialing 1-877-425-9470 and using passcode 13724098. A replay will be available until November 10, 2021 at 1-844-512-2921, with the same passcode.
Monro, Inc. (Nasdaq: MNRO) has declared a quarterly cash dividend of $0.26 per share on its common stock. This dividend is payable on September 7, 2021 to shareholders of record by the close of business on August 23, 2021. Monro, a key player in automotive undercar repair and tire services, reported $1.1 billion in sales for fiscal 2021 and aims for sustainable growth through strategic acquisitions and new store openings across its 1,300 stores nationwide.
Monro, Inc. (MNRO) reported a strong first quarter for fiscal 2022, achieving record sales of $341.8 million, up 38.4% from the previous year. Comparable store sales soared 34.5%, driven by significant growth in service categories, including a 57% increase in brakes. Diluted EPS rose to $.46 from $.09 year-over-year. Operating income also improved to $27.9 million (8.2% of sales), with operating cash flow of around $63 million. The company opened 30 new stores while maintaining a strong financial position with $17 million in cash and $372 million available on its credit facility.
Monro, Inc. (Nasdaq: MNRO) will announce its fiscal 2022 first quarter earnings on July 28, 2021. A conference call will follow at 8:30 a.m. Eastern Time, accessible by dialing 1-877-425-9470 with passcode 13721510. A replay will be available until August 11, 2021. Monro operates nearly 1,300 stores nationwide, generating $1.1 billion in fiscal 2021 sales and focusing on expanding its services through strategic acquisitions and new store openings.
Monro, Inc. (NASDAQ: MNRO) has appointed Matt Henson as Chief Human Resources Officer, effective immediately. Henson brings over 25 years of HR experience, including significant roles at AutoZone and Bloomin’ Brands. His expertise in talent acquisition and human capital management is expected to enhance Monro's employee engagement and diversity initiatives. CEO Mike Broderick highlighted Henson's alignment with the company's goals to build a high-performing team. Monro aims to leverage Henson's skills to advance its transformation and commitment to operational excellence.
Monro, Inc. (Nasdaq: MNRO) announced its first Corporate Responsibility Report, Monro.Forward Responsibly, covering fiscal year 2021. The report details Monro's commitment to Environmental, Social, and Governance (ESG) initiatives, emphasizing transparency and stakeholder engagement. Highlights include strengthened ESG oversight, enhanced teammate engagement leading to reduced turnover, and initiatives for diversity, community impact, and energy efficiency. Monro aims to continue evaluating ESG metrics in future reports. The 2021 report is accessible on their corporate website.