Monro Inc Stock Price, News & Analysis

Monro (Nasdaq: MNRO), an automotive undercar repair and tire services provider, has announced a quarterly cash dividend of $0.28 per share on its outstanding common stock. This dividend also applies to shares of common stock to which Class C Convertible Preferred Stock holders are entitled. The dividend will be paid on December 17, 2024, to shareholders of record as of December 3, 2024.

Monro Inc (Nasdaq: MNRO) announced its participation in the Stephens Annual Investment Conference. Executive VP and CFO Brian D'Ambrosia, along with Senior Director of IR Felix Veksler, will join a Fireside Chat on November 20, 2024, at 2:00 PM CT. The event will be webcast live on Monro's corporate website.

Monro is a leading automotive service and tire provider in the US, offering services from basic maintenance to complex repairs. The company achieved sales of nearly $1.3 billion in fiscal 2024 and operates approximately 1,300 stores with 9,000 service bays nationwide. Their business model combines national retailer professionalism with neighborhood garage convenience.

Monro Inc reported second quarter fiscal 2025 financial results showing a 6.4% decrease in sales to $301.4 million. Comparable store sales declined 5.8%, with batteries showing 20% growth while other categories experienced decreases. The company's operating income was $13.2 million (4.4% of sales), down from $22.4 million (6.9%) in the prior year. Net income decreased to $5.6 million from $12.9 million, with diluted EPS falling to $0.18 from $0.40. The company generated $88 million in operating cash flow during the first half of fiscal 2025 and maintained a strong liquidity position of $529 million.

Monro Inc (Nasdaq: MNRO) announced its participation in the Gabelli Funds 48th Annual Automotive Symposium. The company's leadership team, including CEO Michael T. Broderick, CFO Brian D'Ambrosia, and Senior Director of IR Felix Veksler, will join a Fireside Chat on November 5, 2024, at 11:30 AM PT.

As a leading automotive service provider, Monro operates approximately 1,300 stores and 9,000 service bays nationwide, offering services from oil changes to complex vehicle repairs. The company generated nearly $1.3 billion in sales in fiscal 2024 and continues its national expansion through strategic acquisitions and new store openings.

Monro, Inc. (Nasdaq: MNRO), a leading automotive undercar repair and tire services provider, will release its fiscal 2025 second quarter earnings on October 30, 2024. The company will host a conference call and audio webcast at 8:30 a.m. Eastern Time on the same day. Investors can access the call by dialing 1-833-470-1428 with access code 881759. A replay will be available until November 13, 2024, accessible by dialing 1-866-813-9403 with code 278261 or via the company's website.

Monro is a major automotive service and tire provider in the US, offering a range of services from oil changes to complex vehicle repairs. The company generated almost $1.3 billion in sales in fiscal 2024 and operates approximately 1,300 stores with 9,000 service bays nationwide. Monro aims to combine the professionalism of a national retailer with the convenience and trust of a local garage.

Monro, Inc. (Nasdaq: MNRO), a leading automotive undercar repair and tire services provider, has announced its participation in the Piper Sandler 2024 Growth Frontiers Conference. Executive VP and CFO Brian D'Ambrosia, along with Senior Director of Investor Relations Felix Veksler, will engage in a Fireside Chat on September 11, 2024, at 11:30 AM CDT.

A live webcast of the event will be accessible through Monro's corporate website. With nearly 1,300 stores and 9,000 service bays nationwide, Monro generated almost $1.3 billion in sales in fiscal 2024. The company continues to expand its national presence through strategic acquisitions and new store openings, offering a wide range of automotive services from basic maintenance to complex repairs.

Monro (Nasdaq: MNRO), a leading automotive undercar repair and tire services provider, has announced a quarterly cash dividend of $0.28 per share on its outstanding common stock. This dividend also applies to shares of common stock to which holders of the Company's Class C Convertible Preferred Stock are entitled. The dividend will be paid on September 10, 2024, to shareholders of record at the close of business on August 27, 2024. This announcement demonstrates Monro's commitment to providing returns to its shareholders and reflects the company's financial stability.

Monro, Inc. (Nasdaq: MNRO), a leading automotive undercar repair and tire services provider, has announced its participation in the J.P. Morgan Auto Conference. Executive VP and CFO Brian D'Ambrosia, along with Senior Director of Investor Relations Felix Veksler, will engage in a Fireside Chat on August 7, 2024, at 3:05 PM ET. The event will be live-streamed on Monro's corporate website.

Monro is a major player in the automotive service industry, offering a wide range of services from oil changes to complex vehicle repairs. The company reported sales of almost $1.3 billion in fiscal 2024 and operates approximately 1,300 stores with 9,000 service bays nationwide. Monro combines the professionalism of a national retailer with the convenience of a neighborhood garage, focusing on sustainable growth and expanding its market presence through strategic acquisitions and new store openings.

Monro, Inc. (NASDAQ: MNRO) reported its Q1 fiscal 2025 financial results. Key highlights include:

• Sales decreased 10.3% to $293.2 million
• Comparable store sales decreased 9.9%
• Gross margin expanded 220 basis points
• Diluted EPS of $0.19; Adjusted diluted EPS of $0.22
• Generated $26 million in operating cash flow
• Paid quarterly dividend of $0.28 per share

The company saw improvements in tire and battery sales in June, and expects recently implemented initiatives to drive growth in Q2. Monro ended the quarter with 1,284 company-operated stores and 51 franchised locations.