MNRO 8-K: Consulting deal extended; CEO tied to AlixPartners

Rhea-AI Filing Summary

Monro, Inc. extended its consulting engagement with AlixPartners to support the next phase of its operational improvement plan. The amendment continues the engagement through December 27, 2025 and provides for an aggregate fee of $2.2 million for services such as embedding capabilities, transitioning tools, and supporting revenue acceleration efforts.

The filing notes that Monro’s President and CEO, Peter Fitzsimmons, is also a partner and managing director at AlixPartners, and serves as CEO under an engagement letter with AP Services, LLC, an AlixPartners affiliate. All other terms of the consulting agreement, as previously amended, remain in effect. Monro plans to file the amendment as an exhibit to its next Form 10‑Q.

Insights

Corporate governance and operations analyst

Neutral: extension adds consulting support; related-party ties disclosed.

Monro extended its AlixPartners engagement to December 27, 2025 with an aggregate fee of $2.2 million. Services target the implementation phase: embedding capabilities, transitioning tools, and supporting revenue acceleration. This indicates continued focus on executing the operational improvement plan.

The filing highlights that CEO Peter Fitzsimmons is a partner/managing director at AlixPartners and serves under an engagement with affiliate AP Services, LLC. The relationship is disclosed, and prior terms remain in force. Actual impact depends on execution of the plan and the scope of services under the amendment.

Subsequent company filings may provide additional detail when the amendment is filed as a Form 10‑Q exhibit, including specific deliverables tied to the $2.2 million fee.

8-K Event Classification

Item 1.01 — Entry into a Material Definitive Agreement

1 item

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): November 10, 2025

MONRO, INC.

(Exact name of registrant as specified in its charter)

New York		0-19357		16-0838627
(State of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

295 Woodcliff Drive, Suite 202, Fairport, New York		14450
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code (800) 297-9886

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $.01 per share		MNRO		The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

On November 10, 2025, Monro, Inc. (the “Company”) entered into an amendment (the “Amendment”) to the first amendment (the “First Amendment”) under the consulting agreement with AlixPartners, LLP (“AlixPartners”). As previously disclosed, the Company is pursuing an operational improvement plan in consultation with AlixPartners. Under the Amendment, the Company extended the engagement of AlixPartners to December 27, 2025 for the next phase of implementation of the operational improvement plan. The Company will pay AlixPartners an aggregate fee of $2.2 million for the services outlined in the Amendment, which include embedding capabilities and transitioning tools, and supporting revenue acceleration efforts. Except as amended by the Amendment, the terms of the consulting agreement as amended by the First Amendment with AlixPartners remain in full force and effect.

The Company’s President and Chief Executive Officer, Peter Fitzsimmons, also serves as a partner and managing director of AlixPartners. As previously disclosed, Mr. Fitzsimmons serves as the Company’s President and Chief Executive Officer under an engagement letter between the Company and AP Services, LLC, an affiliate of AlixPartners.

The Company intends to file the Amendment as an exhibit to its next Quarterly Report on Form 10-Q.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

				MONRO, INC.
				(Registrant)
November 14, 2025				By:		/s/ Maureen E. Mulholland
						Maureen E. Mulholland
						Executive Vice President – Chief Legal Officer and Secretary

FAQ

What did Monro (MNRO) announce in its 8-K?

Monro extended its consulting engagement with AlixPartners to December 27, 2025 to continue implementing its operational improvement plan.

How much will Monro pay AlixPartners under the amendment?

Monro will pay an aggregate fee of $2.2 million for the services outlined in the amendment.

What services are included in the AlixPartners engagement?

Services include embedding capabilities, transitioning tools, and supporting revenue acceleration efforts.

What is the relationship between Monro’s CEO and AlixPartners?

CEO Peter Fitzsimmons is a partner and managing director at AlixPartners and serves as CEO under an engagement with affiliate AP Services, LLC.

Do the other terms of the consulting agreement change?

Except for the amendment, the prior terms of the consulting agreement, as amended, remain in full force and effect.

Will the amendment be publicly filed?

Monro intends to file the amendment as an exhibit to its next Form 10‑Q.