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. reports news on its U.S. automotive repair and tire service business, which serves passenger cars, light trucks and vans through retail auto-care locations. Company updates commonly address replacement tires, tire-related services, oil changes, parts installation, undercar repair, brakes, exhaust systems, steering, drivetrain, suspension and wheel alignment.
Recurring MNRO news also includes quarterly financial results, comparable-store sales, gross margin, inventory management, store operations, operational improvement initiatives and cash dividend declarations. Governance and corporate updates have included leadership arrangements, investor conference participation, consulting support for operational improvement and a shareholder rights plan.
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.
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.
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.
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.
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