Every 10-Q that Monro, Inc. (MNRO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MNRO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MNRO filings page.
Monro, Inc. reported Q1 fiscal 2027 sales of $287,129 thousand, down 4.6% from a year earlier, as closed stores reduced sales by 2.9% and comparable store sales fell 1.7%. Gross margin slipped to 35.0%, while lower store closing and consulting costs cut OSG&A to 33.7% of sales.
Operating income was $3,695 thousand versus a $6,075 thousand loss a year ago, but after interest and other items Monro posted a net loss of $2,149 thousand, or $0.08 per diluted share; adjusted diluted loss was $0.09. Operating activities used $30,388 thousand of cash, funded mainly by $48,435 thousand of net Credit Facility borrowings, lifting long‑term debt to $108,435 thousand.
The company previously closed 145 underperforming stores and continues to monetize related assets, recording net gains of $2,960 thousand this quarter within store closing costs, net. All 19,664 Class C preferred shares converted into 1,204,908 common shares, simplifying equity, and a Sixth Credit Facility Amendment reduced capacity to $400 million while easing certain covenants through November 2027.
Monro, Inc. reported softer topline results but stronger quarterly profitability while continuing a major operational reset. Third-quarter sales fell to $293.4 million, down 4.0% year over year, mainly because 145 underperforming stores were closed, partially offset by a 1.2% rise in comparable store sales.
Despite lower sales, quarterly diluted EPS rose to $0.35 from $0.15, helped by gains on store sales and lease terminations tied to the Store Closure Plan. On an adjusted basis, which excludes consulting, transition, shareholder and store-closure items, EPS was $0.16, down from $0.19.
For the nine months, sales slipped 1.9% to $883.3 million and diluted EPS dropped to $0.26 from $0.52, while adjusted diluted EPS edged up to $0.58 from $0.57. Operating cash flow was $48.2 million, aiding debt reduction to $45.0 million outstanding under the credit facility and leaving $424.9 million available.
The company is executing a broad Operational Improvement Plan with AlixPartners, incurring $19.6 million of related expenses year-to-date, and recorded a $21.1 million net gain on store-related asset sales. Monro also adopted a one-year shareholder rights plan with a 17.5% ownership trigger and maintained a quarterly $0.28 per-share dividend.
Monro, Inc. (MNRO) reported Q2 FY2026 results with diluted EPS of $0.18 and sales of $288.9 million, down 4.1% year over year as store closures reduced revenue despite a 1.1% comparable store sales increase. Operating income was $12.8 million. Management also reported adjusted diluted EPS of $0.21 and adjusted operating income of $14.0 million, excluding items such as consulting costs and net gains related to the store closure program.
The company closed 145 underperforming stores in Q1 FY2026 and, in Q2, sold three owned stores and reassigned or terminated 21 leases, generating approximately $5.5 million of proceeds and a $7.6 million net gain. For the first six months, Monro posted a net loss of $2.4 million and generated $30.4 million in operating cash flow, reflecting lower payables and restructuring dynamics versus $88.2 million in the prior-year period.
Liquidity remained ample with $10.5 million in cash and $409.9 million available under the Credit Facility, with $60.0 million outstanding. The facility size was reduced to $500 million under a Fifth Amendment that provides an Extended Covenant Relief Period and a 225 bps spread. Monro paid dividends of $0.28 per share for the quarter.
Monro, Inc. (MNRO) posted a weak Q1 FY26 (13 weeks ended 28-Jun-25). Sales grew 2.7% to $301.0 mn as +5.7% comparable-store growth (all major categories positive) offset revenue lost from 145 store closures. Gross margin slid 170 bps to 35.5% on wage inflation and heavier tire promotions. OSG&A jumped 17.8% to 37.5% of sales, driven by $14.8 mn Store Closure Plan charges and $4.7 mn consulting fees tied to the AlixPartners Operational Improvement Plan.
Profitability deteriorated. GAAP operating swung to a $6.1 mn loss (vs. $13.2 mn income LY) and net loss reached $8.1 mn, or –$0.28/share (vs. $0.19). Adjusted EPS held flat at $0.22. Cash from operations was –$1.9 mn (LY +$25.6 mn) as payables timing reversed. Cash ended at $7.8 mn with $71.5 mn drawn on the revolver and $398.4 mn remaining capacity.
Balance-sheet actions. The fifth amendment permanently cut the revolver to $500 mn but lowered coverage covenants and dividend restrictions through Q1 FY27; min liquidity of $300 mn is required for dividends and M&A. Total liabilities declined 2.0% QoQ; long-term debt rose $10 mn. Dividend of $0.28/share was maintained.
Key forward issues: execution of the Store Closure Plan, realization of AlixPartners’ initiatives, and restoring positive operating cash flow while managing wage and material cost pressure.