Gabelli funds lift Monro (MNRO) holdings to a 10.65% equity stake

Rhea-AI Filing Summary

Gabelli-affiliated investment entities report beneficial ownership of 3,195,847 shares of Monro, Inc., equal to 10.65% of the company’s common stock. This percentage is based on 30,019,660 shares outstanding as reported in Monro’s Form 10-Q for the quarter ended December 27, 2025.

The largest holder is GAMCO Asset Management Inc. with 2,503,547 shares, or 8.34% of the class, followed by Gabelli Funds LLC with 494,100 shares, or 1.65%. Smaller positions are held by Gabelli Foundation, MJG Associates, Teton Advisors, and Mario Gabelli personally.

The reporting group states they used approximately $7,062,425 in aggregate to purchase additional Monro shares since their most recent prior filing, funded mainly through client accounts managed by GAMCO and Gabelli Funds, as well as capital from Gabelli Foundation and Teton advisory clients. Recent transaction detail shows numerous open-market trades in March and April 2026 at prices generally in the mid-teens per share.

Insights

Equity ownership & governance analyst

Gabelli complex discloses a 10.65% Monro stake with continued open-market buying.

The filing shows Gabelli-related entities collectively holding 3,195,847 Monro shares, or 10.65% of outstanding stock, with GAMCO Asset Management alone at 8.34%. This scale gives the group meaningful influence in shareholder votes and engagement with management.

The disclosure notes about $7,062,425 in additional purchases since the prior filing, funded largely through advisory client accounts at GAMCO and Gabelli Funds, plus capital from Gabelli Foundation and Teton clients. Detailed March–April 2026 trades indicate active portfolio management around prices in the mid-teens.

The group explains it uses the long-form Schedule 13D to keep communications with Monro’s management clearly aligned with Exchange Act reporting obligations. While no specific strategic agenda is described, the combination of a double‑digit stake and ongoing trading underscores the Gabelli complex’s role as a significant, engaged shareholder.

Key Figures

Gabelli group stake: 3,195,847 shares Ownership percentage: 10.65% of class Shares outstanding: 30,019,660 shares +5 more

8 metrics

Gabelli group stake 3,195,847 shares Beneficial ownership in Monro common stock

Ownership percentage 10.65% of class Based on 30,019,660 shares outstanding as of Dec. 27, 2025

Shares outstanding 30,019,660 shares Monro common stock outstanding per Form 10-Q for quarter ended Dec. 27, 2025

GAMCO Asset Management holdings 2,503,547 shares (8.34%) Largest Gabelli-affiliated holder of Monro shares

Gabelli Funds holdings 494,100 shares (1.65%) Monro shares held by Gabelli Funds LLC

Additional purchase cost $7,062,425 Aggregate funds used to buy additional Monro shares since prior filing

Foundation holdings 113,000 shares (0.38%) Monro shares held by Gabelli Foundation, Inc.

Teton Advisors holdings 52,000 shares (0.17%) Monro shares held via Teton Advisors, Inc.

Key Terms

beneficially owned, Schedule 13D, sole voting power, sole dispositive power, +2 more

6 terms

beneficially owned financial

"The aggregate number of Securities to which this relates is 3,195,847 shares, representing 10.65%..."

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Schedule 13D regulatory

"The Reporting Persons file the long form pursuant to Section 13d-1 of the Securities Exchange Act of 1934..."

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

sole voting power financial

"Number of Shares Beneficially Owned by Each Reporting Person With: Sole Voting Power 2,428,347.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

sole dispositive power financial

"Number of Shares Beneficially Owned by Each Reporting Person With: Sole Dispositive Power 2,503,547.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

investment adviser financial

"GAMCO, a wholly-owned subsidiary of GBL, is an investment adviser registered under the Investment Advisers Act of 1940..."

An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.

investment advisory clients financial

"GAMCO and Gabelli Funds used funds that were provided through the accounts of certain of their investment advisory clients..."

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 5)

MONRO, INC.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

610236101

(CUSIP Number)

DAVID GOLDMAN
191 MASON STREET,
GREENWICH, CT, 06830
914-921-5000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

04/24/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 610236101

1

Name of reporting person

GAMCO INVESTORS, INC. ET AL

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

0.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.0 %

14

Type of Reporting Person (See Instructions)

CO, HC

SCHEDULE 13D

CUSIP Number(s): 610236101

1

Name of reporting person

GABELLI FUNDS LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 494,100.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 494,100.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

494,100.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

1.7 %

14

Type of Reporting Person (See Instructions)

CO, IA

SCHEDULE 13D

CUSIP Number(s): 610236101

1

Name of reporting person

GAMCO Asset Management Inc.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 2,428,347.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 2,503,547.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

2,503,547.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

8.3 %

14

Type of Reporting Person (See Instructions)

CO, IA

SCHEDULE 13D

CUSIP Number(s): 610236101

1

Name of reporting person

GABELLI FOUNDATION, INC.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

NEVADA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 113,000.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 113,000.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

113,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.4 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP Number(s): 610236101

1

Name of reporting person

MJG ASSOCIATES, INC.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CONNECTICUT

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 32,400.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 32,400.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

32,400.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.1 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): 610236101

1

Name of reporting person

Teton Advisors, Inc.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

WYOMING

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 52,000.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 52,000.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

52,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.2 %

14

Type of Reporting Person (See Instructions)

CO, IA

SCHEDULE 13D

CUSIP Number(s): 610236101

1

Name of reporting person

GGCP, INC.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

WYOMING

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

0.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.0 %

14

Type of Reporting Person (See Instructions)

CO, HC

SCHEDULE 13D

CUSIP Number(s): 610236101

1

Name of reporting person

Associated Capital Group, Inc.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

0.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.0 %

14

Type of Reporting Person (See Instructions)

CO, HC

SCHEDULE 13D

CUSIP Number(s): 610236101

1

Name of reporting person

GABELLI MARIO J

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 800.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 800.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

800.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.0 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, par value $0.01 per share
(b)	Name of Issuer: MONRO, INC.
(c)	Address of Issuer's Principal Executive Offices: 295 WOODCLIFF DRIVE, SUITE 202, 295 WOODCLIFF DRIVE, SUITE 202, FAIRPORT, NEW YORK , 14450.
Item 2.	Identity and Background
(a)	This statement is being filed by one or more of the following persons: GGCP, Inc. (GGCP), GGCP Holdings LLC (GGCP Holdings), GAMCO Investors, Inc. (GBL), Associated Capital Group, Inc. (AC), Gabelli Funds, LLC (Gabelli Funds), GAMCO Asset Management Inc. (GAMCO), Teton Advisors, LLC (Teton Advisors), Keeley-Teton Advisors, LLC (Keeley-Teton), Gabelli & Company Investment Advisers, Inc. (GCIA), Morgan Group Holding Co., (MGH), G.research, LLC (G.research), MJG Associates, Inc. (MJG Associates), Gabelli Securities International (Bermuda) Limited (GSIL), Gabelli Foundation, Inc. (Foundation), Mario Gabelli, LICT and CIBL. Those of the foregoing persons signing this Schedule 13D are hereinafter referred to as the Reporting Persons.
(b)	GAMCO is a New York corporation and GBL and MGH are Delaware corporations, each having its principal business office at One Corporate Center, Rye, New York 10580. GGCP is a Wyoming corporation and AC and GCIA are Delaware corporations each having its principal business office 191 Mason Street, Greenwich, CT 06830. GGCP Holdings is a Delaware limited liability corporation having its principal business office at 191 Mason Street, Greenwich, CT 06830. G.research is a Delaware limited liability company having its principal officers at One Corporate Center, Rye, New York 10580. Gabelli Funds is a New York limited liability company having its principal business office at One Corporate Center, Rye, New York 10580. Teton Advisors is a Wyoming limited liability company having its principal place of business at 189 Mason Street, Greenwich, CT 06830. Keeley-Teton Advisors is a Delaware limited liability company having its principal place of business at 141 W. Jackson Blvd., Chicago, IL 60604. MJG Associates is a Connecticut corporation having its principal business office at 191 Mason Street, Greenwich, CT 06830. The Foundation is a Nevada corporation having its principal offices at 165 West Liberty Street, Reno, Nevada 89501. LICT is a Delaware corporation having its principal place of business as 401 Theodore Fremd Avenue, Rye, New York 10580. CIBL, Inc. is a Delaware corporation having its principal place of business as 165 West Liberty Street, Suite 220, Reno, NV 89501.
(c)	GGCP makes investments for its own account and is the manager and a member of GGCP Holdings which is the controlling shareholder of GBL and AC. GBL, a public company whose stock is quoted on the OTCQX platform, is the parent company for a variety of companies engaged in the securities business, including certain of those named below. AC, a public company listed on the New York Stock Exchange, is the parent company for a variety of companies engaged in the securities business, including certain of those listed below. GAMCO, a wholly-owned subsidiary of GBL, is an investment adviser registered under the Investment Advisers Act of 1940, as amended (Advisers Act). GAMCO is an investment manager providing discretionary managed account services for employee benefit plans, private investors, endowments, foundations and others. GCIA, a wholly owned subsidiary of AC, is an investment adviser registered under the Advisers Act and serves as a general partner or investment manager to limited partnerships and offshore investment companies and other accounts. As a part of its business, GCIA may purchase or sell securities for its own account. GCIA or its relying advisers, act as a general partner or investment manager of a number of funds or partnerships, including Gabelli Associates Fund, L.P., Gabelli Associates Fund II, L.P., Gabelli Associates Limited, Gabelli Associates Limited II E, Gabelli Intermediate Credit Fund L.P., GAMA Select Plus Master Fund, Ltd., GAMCO Medical Opportunities L.P., and Gabelli Multimedia Partners, L.P. G.research is a wholly owned subsidiary of MGH. G.research, is a broker-dealer registered under the Securities Exchange Act of 1934, as amended (1934 Act), which may as a part of its business purchase and sell securities for its own account. Gabelli Funds, a wholly owned subsidiary of GBL, is a limited liability company. Gabelli Funds is an investment adviser registered under the Advisers Act which provides advisory services for The Gabelli Equity Trust Inc., The Gabelli Asset Fund, The Gabelli Growth Fund, The Gabelli Convertible and Income Securities Fund Inc., The Gabelli Value 25 Fund Inc., The Gabelli Small Cap Growth Fund, The Gabelli Equity Income Fund, The Gabelli ABC Fund, The Gabelli Global Content & Connectivity Fund, The Gabelli Gold Fund, Inc., The Gabelli Multimedia Trust Inc., The Gabelli Global Rising Income & Dividend Fund, The Gabelli Capital Asset Fund, The Gabelli International Growth Fund, Inc., The Gabelli Global Growth Fund, The Gabelli Utility Trust, The Gabelli Utilities Fund, The Gabelli Dividend Growth Fund, The Gabelli Focused Growth and Income Fund, The Comstock Capital Value Fund, The Gabelli Dividend and Income Trust, The Gabelli Global Utility & Income Trust, The GAMCO Global Gold, Natural Resources, & Income Trust, The GAMCO Natural Resources, Gold & Income Trust, The GDL Fund, Gabelli Enterprise Mergers & Acquisitions Fund, The Gabelli ESG Fund, Inc., The Gabelli International Small Cap Fund, The Gabelli Healthcare & Wellness Rx Trust, The Gabelli Global Small and Mid Cap Value Trust, Gabelli Merger Plus+ Trust Plc, The Gabelli Global Financial Services Fund, The Gabelli Global Mini Mites Fund, The Gabelli Media Mogul Fund, The Gabelli Pet Parents Fund, Keeley Small Cap Fund, The Gabelli U.S. Treasury Money Market Fund, Bancroft Fund Ltd. and Ellsworth Growth & Income Fund Ltd., Gabelli Growth Innovators ETF, Gabelli Love Our Planet & People ETF, Gabelli Automation ETF, Gabelli Commercial Aerospace & Defense ETF, Gabelli Financial Services Opportunities ETF (collectively, the Funds), which are registered investment companies. Gabelli Funds is also the investment adviser to The GAMCO International SICAV (sub-funds GAMCO Merger Arbitrage and GAMCO All Cap Value), a UCITS III vehicle. Teton Advisors, an investment adviser registered under the Advisers Act, provides discretionary advisory services to The TETON Westwood Mighty Mites Fund, The Teton Westwood Balanced Fund, and The TETON Westwood Equity Fund. The TETON Westwood Mighty Mites Fund is sub-advised by Gabelli Funds, and their holdings are included in this filing. Keeley-Teton, an investment adviser registered under the Advisers Act, provides discretionary advisory services to The TETON Convertible Securities Fund and their holding are included in this filing. MJG Associates provides advisory services to private investment partnerships and offshore funds. Mario Gabelli is the sole shareholder, director and employee of MJG Associates. MJG Associates is the Investment Manager of Gabelli International Limited and Gabelli Fund, LDC. Mario J. Gabelli is the general partner of Gabelli Performance Partnership, LP. The Foundation is a private foundation. Mario Gabelli is the Chairman, a Trustee and the Investment Manager of the Foundation. Elisa M. Wilson is the President of the Foundation. LICT is a holding company with operating subsidiaries engaged primarily in the rural telephone industry. LICT actively pursues new business ventures and acquisitions. LICT makes investments in marketable securities to preserve capital and maintain liquidity for financing their business activities and acquisitions and are not engaged in the business of investing, or trading in securities. Mario J. Gabelli is the Chief Executive Officer, a director, and substantial shareholder of LICT. CIBL is a holding company with interest in telecommunications operations, primarily in the rural telephone industry. CIBL actively pursues new business ventures and acquisitions. CIBL makes investments in marketable securities to preserve capital and maintain liquidity for financing their business activities and acquisitions and are not engaged in the business of investing, or trading in securities. Mario J. Gabelli is a director, and substantial shareholder of CIBL. Mario Gabelli is the controlling stockholder, co-Chief Executive Officer and a director of GGCP and Chairman and Chief Executive Officer of GBL. He is the Executive Chairman of AC. Mario Gabelli is also a member of GGCP Holdings. Mario Gabelli is the controlling shareholder of MGH and indirectly of Teton Advisors and Keeley-Teton Advisors.
(d)	Not applicable.
(e)	Not applicable.
(f)	United States
Item 3.	Source and Amount of Funds or Other Consideration
	The Reporting Persons used an aggregate of approximately $7,062,425 to purchase the additional Securities reported as beneficially owned in Item 5 since the most recent filing on Schedule 13D. GAMCO and Gabelli Funds used approximately $4,619,801 and $2,199,993, respectively, of funds that were provided through the accounts of certain of their investment advisory clients (and, in the case of some of such accounts at GAMCO, may be through borrowings from client margin accounts) in order to purchase the additional Securities for such clients. Foundation used approximately $208,260 of working capital to purchase the additional Securities reported by it. Teton used approximately $34,371 of funds of investment advisory clients to purchase the additional Securities reported by it.
Item 4.	Purpose of Transaction
	The Reporting Persons file the long form Schedule 13D pursuant to Section 13d-1 of the Securities Exchange Act of 1934 (the "Act") even though they may be technically eligible to file the short form Schedule G. Because the Reporting Persons may regularly communicate with the Issuer's management, filing the Schedule 13D ensures that these conversations are compliant with the reporting obligations under the Exchange Act.
Item 5.	Interest in Securities of the Issuer
(a)	The aggregate number of Securities to which this Schedule 13D relates is 3,195,847 shares, representing 10.65% of the 30,019,660 shares outstanding as reported in the Issuer's most recently filed Form 10-Q for the quarterly period ended December 27, 2025. The Reporting Persons beneficially own those Securities as follows: GAMCO 2,503,547 shares 8.34%, Gabelli Funds 494,100 shares 1.65%, Foundation 113,000 shares 0.38%, MJG Associates 32,400 shares 0.11%, Mario Gabelli 800 shares 0.00% and Teton Advisors 52,000 shares 0.17%.
(b)	Each of the Reporting Persons and Covered Persons has the sole power to vote or direct the vote and sole power to dispose or to direct the disposition of the Securities reported for it, either for its own benefit or for the benefit of its investment clients or its partners, as the case may be, except that (i) GAMCO does not have authority to vote 75,200 of the reported shares, (ii) Gabelli Funds has sole dispositive and voting power with respect to the shares of the Issuer held by the Funds so long as the aggregate voting interest of all joint filers does not exceed 25% of their total voting interest in the Issuer and, in that event, the Proxy Voting Committee of each Fund shall respectively vote that Funds shares, (iii) at any time, the Proxy Voting Committee of each such Fund may take and exercise in its sole discretion the entire voting power with respect to the shares held by such fund under special circumstances such as regulatory considerations, and (iv) the power of Mario Gabelli, AC, GBL, and GGCP is indirect with respect to Securities beneficially owned directly by other Reporting Persons.
(c)	Information with respect to all transactions in the Securities which were effected during the past sixty days or since the most recent filing on Schedule 13D, whichever is less, by each of the Reporting Persons and Covered Persons is set forth below: DATE SHARES PURCHASED PRICE /SOLD GABELLI FOUNDATION, INC. 3/18/2026 3,000 15.1800 3/16/2026 2,000 15.4900 3/12/2026 5,000 16.0100 3/11/2026 3,000 17.2300 GABELLI FUNDS, LLC GABELLI ASSET FUND 3/24/2026 10,000 14.9850 3/23/2026 5,000 15.4976 3/13/2026 10,000 15.3783 3/11/2026 2,000 17.3463 GABELLI EQUITY TRUST 3/20/2026 300 15.0000 GABELLI DIVIDEND & INCOME FUND 3/24/2026 10,000 14.9850 GABELLI GLOBAL MINI MITES FUND 4/24/2026 2,000 17.3500 4/15/2026 2,000 16.5800 4/10/2026 2,000 16.3400 4/9/2026 1,500 16.7200 3/16/2026 800 15.3800 GABELLI GLOBAL SMALL & MIDCAP VALUE TRUST 3/13/2026 2,000 15.5090 KEELEY SMALL CAP FUND 4/14/2026 20,000 16.8509 4/10/2026 20,000 16.3780 4/9/2026 20,000 16.5440 GABELLI SMALL CAP GROWTH FUND 4/6/2026 2,000 15.6500 3/23/2026 5,000 15.6460 3/20/2026 10,000 15.0000 GABELLI VALUE 25 FUND 4/24/2026 2,000 17.0100 3/31/2026 500 15.9623 3/19/2026 1,000 15.1200 3/19/2026 5,000 15.0098 3/17/2026 1,500 15.4093 3/12/2026 1,000 16.0300 3/11/2026 2,000 17.2928 GAMCO ASSET MANAGEMENT INC. 4/24/2026 850 17.0500 4/24/2026 2,400 17.0811 4/24/2026 1,000 17.1700 4/24/2026 300 17.1900 4/24/2026 57,650 17.2066 4/24/2026 1,200 17.2080 4/24/2026 1,900 17.2149 4/24/2026 3,550 17.2360 4/24/2026 900 17.2494 4/24/2026 350 17.2857 4/24/2026 150 17.2908 4/24/2026 5,000 17.4006 4/23/2026 1,000 17.2100 4/23/2026 8,900 17.2998 4/23/2026 500 17.4200 4/21/2026 1,600 17.3012 4/21/2026 500 17.5500 4/20/2026 7,000 18.1187 4/17/2026 2,200 17.8517 4/16/2026 400 16.6799 4/16/2026 1,000 16.7199 4/16/2026 500 16.8819 4/15/2026 300 16.4400 4/15/2026 500 16.4840 4/15/2026 -40 16.6183 4/15/2026 1,200 16.6807 4/14/2026 -6,000 16.7598 4/14/2026 -40,000 16.8200 4/14/2026 700 16.8828 4/14/2026 1,000 16.8869 4/10/2026 1,000 16.4200 4/10/2026 400 16.6900 4/9/2026 900 16.7569 4/8/2026 500 16.9000 4/7/2026 2,000 15.3955 4/7/2026 1,400 15.4801 4/7/2026 500 15.5600 4/7/2026 500 15.6500 4/6/2026 3,000 15.6059 4/6/2026 1,500 15.6233 4/6/2026 1,200 15.6300 4/6/2026 9,100 15.7394 4/2/2026 1,300 15.9500 4/2/2026 575 15.9800 4/2/2026 1,460 15.9900 4/2/2026 5,100 16.0000 4/2/2026 3,000 16.0360 4/1/2026 8,500 16.4571 4/1/2026 200 16.6775 3/31/2026 1,500 15.6500 3/31/2026 4,000 15.8763 3/31/2026 500 15.8900 3/31/2026 -200 16.0400 3/31/2026 -425 16.0400 3/30/2026 -265 15.3592 3/30/2026 300 15.4900 3/30/2026 3,000 15.4995 3/27/2026 2,500 15.1500 3/27/2026 2,000 15.1877 3/27/2026 200 15.2700 3/27/2026 2,500 15.3315 3/27/2026 3,000 15.3600 3/26/2026 1,600 15.7524 3/25/2026 6,400 15.7773 3/24/2026 10,000 14.9810 3/24/2026 5,000 15.0558 3/24/2026 2,500 15.3453 3/24/2026 925 15.3500 3/24/2026 5,000 15.3769 3/24/2026 4,500 15.3821 3/24/2026 300 15.3933 3/24/2026 2,800 15.4707 3/23/2026 1,000 15.5000 3/23/2026 1,600 15.5250 3/23/2026 5,000 15.5721 3/23/2026 5,000 15.5775 3/20/2026 5,000 15.0000 3/20/2026 1,000 15.0340 3/20/2026 2,000 15.0424 3/19/2026 10,000 14.9983 3/19/2026 5,000 15.0049 3/19/2026 1,850 15.0616 3/19/2026 2,000 15.1415 3/19/2026 2,225 15.1440 3/19/2026 3,500 15.1483 3/19/2026 1,325 15.1500 3/18/2026 5,000 15.2200 3/18/2026 300 15.3700 3/18/2026 400 15.3737 3/18/2026 400 15.3856 3/17/2026 5,550 15.4051 3/16/2026 2,500 15.3000 3/16/2026 2,000 15.3485 3/16/2026 500 15.4400 3/16/2026 3,450 15.4443 3/16/2026 2,100 15.4878 3/16/2026 1,000 15.4896 3/16/2026 1,000 15.4900 3/16/2026 625 15.5000 3/16/2026 -300 15.6200 3/13/2026 3,500 15.3142 3/13/2026 4,250 15.5677 3/12/2026 35,000 15.4581 3/12/2026 1,500 15.7300 3/12/2026 6,200 15.7984 3/12/2026 2,000 16.9889 3/11/2026 2,400 17.2215 3/11/2026 7,100 17.2814 TETON ADVISORS, INC. TETON WESTWOOD MIGHTY MITES FUND 4/24/2026 2,000 17.1855
(d)	The investment advisory clients of, or partnerships managed by, GAMCO, Gabelli Funds, Teton Advisors and MJG Associates have the sole right to receive and, subject to the notice, withdrawal and/or termination provisions of such advisory contracts and partnership arrangements, the sole power to direct the receipt of dividends from, and the proceeds of sale of, any of the Securities beneficially owned by such Reporting Persons on behalf of such clients or partnerships. Except as noted, no such client or partnership has an interest by virtue of such relationship that relates to more than 5% of the Securities.
(e)	Not applicable.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

GAMCO INVESTORS, INC. ET AL

Signature:	PETER D. GOLDSTEIN
Name/Title:	CHIEF LEGAL OFFICER
Date:	04/27/2026

GABELLI FUNDS LLC

Signature:	DAVID GOLDMAN
Name/Title:	GENERAL COUNSEL
Date:	04/27/2026

GAMCO Asset Management Inc.

Signature:	DOUGLAS R. JAMIESON
Name/Title:	PRESIDENT
Date:	04/27/2026

GABELLI FOUNDATION, INC.

Signature:	DAVID GOLDMAN
Name/Title:	ATTORNEY-IN-FACT
Date:	04/27/2026

MJG ASSOCIATES, INC.

Signature:	DAVID GOLDMAN
Name/Title:	ATTORNEY-IN-FACT
Date:	04/27/2026

Teton Advisors, Inc.

Signature:	DAVID GOLDMAN
Name/Title:	COUNSEL
Date:	04/27/2026

GGCP, INC.

Signature:	DAVID GOLDMAN
Name/Title:	ATTORNEY-IN-FACT
Date:	04/27/2026

Associated Capital Group, Inc.

Signature:	PETER D. GOLDSTEIN
Name/Title:	CHIEF LEGAL OFFICER
Date:	04/27/2026

GABELLI MARIO J

Signature:	DAVID GOLDMAN
Name/Title:	ATTORNEY-IN-FACT
Date:	04/27/2026

FAQ

What ownership stake do Gabelli-related entities report in Monro (MNRO)?

Gabelli-affiliated entities report beneficial ownership of 3,195,847 Monro shares, representing 10.65% of the company’s common stock. This percentage is calculated against 30,019,660 shares outstanding, as disclosed in Monro’s Form 10-Q for the quarter ended December 27, 2025.

Which Gabelli entity holds the largest Monro (MNRO) position?

The largest holder is GAMCO Asset Management Inc., with beneficial ownership of 2,503,547 Monro shares, equal to 8.34% of the outstanding common stock. Other notable holders include Gabelli Funds LLC, Gabelli Foundation, MJG Associates, Teton Advisors, and Mario Gabelli personally.

How much did the reporting group spend on recent Monro (MNRO) share purchases?

The reporting group states it used approximately $7,062,425 to purchase additional Monro shares since its most recent prior filing. Funds came mainly from investment advisory client accounts at GAMCO and Gabelli Funds, plus working capital from Gabelli Foundation and Teton advisory client funds.

Why are the Gabelli entities using a Schedule 13D for Monro (MNRO)?

The reporting persons say they file the long-form Schedule 13D under Section 13d-1 even though they may qualify for the short form. They explain this approach helps ensure their communications with Monro’s management remain compliant with reporting obligations under the Securities Exchange Act of 1934.

What Monro (MNRO) trading activity do the Gabelli entities disclose?

The filing lists numerous open-market trades in March and April 2026 by Gabelli Foundation, Gabelli Funds, GAMCO Asset Management, and Teton Advisors. These transactions involve thousands of shares at prices generally in the mid-teens per share, reflecting active portfolio management around the Monro position.

How is voting power over Monro (MNRO) shares allocated among the Gabelli entities?

Each reporting person generally has sole voting and dispositive power over the shares it reports, subject to client agreements and fund governance. The filing notes specific exceptions, including GAMCO’s lack of voting authority on 75,200 shares and proxy committee oversight within certain Gabelli-managed funds.