Monro receives a soft 'buy' rating, driven by operational improvements, cost cuts, and a compelling valuation despite revenue declines. Comparable store sales growth and strategic closures of underperforming locations have stabilized MNRO's profitability and improved adjusted net profits. Carl Icahn's 14.79% stake introduces a potential catalyst, though a recent rights plan signals management resistance to a buyout.
Icahn has a long history in the automotive parts and services industry, so this investment could play out in several different ways.
Icahn disclosed ownership of 4.4 million shares, or almost a 15% stake in Monro, according to a new regulatory filing.
Monro, Inc. ( MNRO ) Q2 2026 Earnings Call October 29, 2025 8:30 AM EDT Company Participants Felix Veksler - Vice President of Investor Relations Peter Fitzsimmons - CEO & President Brian D'Ambrosia - Executive VP of Finance, CFO & Treasurer Conference Call Participants Bret Jordan - Jefferies LLC, Research Division Tom Wendler - Stephens Inc., Research Division David Lantz - Wells Fargo Securities, LLC, Research Division Brian Nagel - Oppenheimer & Co. Inc., Research Division John Healy - Northcoast Research Partners, LLC Presentation Operator Good morning, ladies and gentlemen, and welcome to the Monro Inc.'s Earnings Conference Call for the Second Quarter of Fiscal 2026. [Operator Instructions].
Monro Muffler Brake (MNRO) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.17 per share a year ago.
I am upgrading Monro from 'Hold' to a soft 'Buy' as the business shows early signs of operational improvement. Despite recent revenue and profit declines, MNRO's aggressive cost-cutting, store optimization, and debt reduction are positioning the company for recovery. Comparable store sales have rebounded, aided by digital initiatives and targeted marketing, suggesting management's turnaround efforts are gaining traction.
Monro showed major turnaround progress in Q1. Comparable store sales are now showing great momentum. Profitability pressure and growth deceleration add some uncertainty to otherwise significantly good turnaround progress, making upcoming reports important. Monro's decision to cut 145 unprofitable stores is a clear positive.
Monro Muffler Brake (MNRO) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.22 per share a year ago.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Monro, Inc. (NASDAQ:MNRO ) Q4 2025 Results Conference Call May 28, 2025 8:30 AM ET Company Participants Felix Veksler - Senior Director of Investor Relations Peter Fitzsimmons - President and Chief Executive Officer Brian D'Ambrosia - Executive Vice President and Chief Financial Officer Conference Call Participants Thomas Wendler - Stephens, Inc. David Lantz - Wells Fargo Securities Bret Jordan - Jefferies Operator Good morning, ladies and gentlemen, and welcome to Monro Inc's Earnings Conference Call for the Fourth Quarter and Full Year of Fiscal 2025. At this time, all participants are in a listen-only mode.
Monro Muffler Brake (MNRO) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of $0.09. This compares to earnings of $0.21 per share a year ago.