Summary
Monro: No Longer An Interesting Turnaround Case (Rating Downgrade)
Monro, Inc. reported weak fiscal Q4 earnings. Comparable store sales growth turned downward, not boosted by increased marketing expenses. A challenging operating environment weighed on Q4 traffic, but MNRO's performance and outlook also reflect a weak commercial performance. MNRO launched a strategic review process. The process could create shareholder value, but signals a weak earnings outlook.
Monro Muffler Brake Q4 Earnings Call Highlights
Monro Muffler Brake NASDAQ: MNRO reported a challenging fiscal fourth quarter as weak tire demand, winter weather and consumer spending pressure weighed on comparable sales, even as management pointed to progress on its operational improvement plan and stronger gross margins.
Monro Muffler Brake (MNRO) Reports Q4 Loss, Misses Revenue Estimates
Monro Muffler Brake (MNRO) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to a loss of $0.09 per share a year ago.
Monro, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JA Jeff Ameen Spire Wealth Management | 50 | $745.5 | $804.5 | $59 | 7.91% |
| JC Joseph Castro Nuveen LLC | 984,567 | $18.37M | $15.83M | -$2.54M | -13.81% |
| MJ Michelle Johnston 1620 INVESTMENT ADVISORS Inc. | 21,777 | $391,332.69 | $349,520.85 | -$41,811.84 | -10.68% |
| BFG Bleakley Financial Group LLC Bleakley Financial Group LLC | 108,137 | $1.88M | $1.74M | -$143,313.68 | -7.61% |
| CH CJ Harrison DecisionPoint Financial LLC | 33 | $492.03 | $524.7 | $32.67 | 6.64% |
Monro, Inc. (MNRO) FAQ
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Monro, Inc. Profile
| Automobile Components Industry | Consumer Discretionary Sector | Peter D. Fitzsimmons CEO | NASDAQ (NGS) Exchange | 610236101 CUSIP |
| US Country | 7,660 Employees | 2 Jun 2026 Last Dividend | 27 Dec 2010 Last Split | 29 Jul 1991 IPO Date |
Overview
Monro, Inc. is a leading provider of automotive undercar repair and tire sales and services in the United States. The company specializes in offering a wide range of services primarily aimed at passenger cars, light trucks, and vans. Besides its core offerings, Monro, Inc. enhances its market presence through a portfolio of brand names, including Monro Auto Service and Tire Centers, Tire Choice Auto Service Centers, Mr. Tire Auto Service Centers, Car-X Tire & Auto, Tire Warehouse Tires for Less, Ken Towery's Tire & Auto Care, Mountain View Tire & Auto Service, and Tire Barn Warehouse. Founded in 1957 with its headquarters located in Rochester, New York, Monro, Inc. has established itself as a trusted name in automotive service and tire industry across the nation.
Products and Services
Monro, Inc. offers a comprehensive range of products and services designed to meet the automotive maintenance and repair needs of its customers:
- Replacement Tires and Tire Related Services: The company provides a wide selection of tires suitable for various vehicles, along with tire-related services such as balancing and alignment to ensure optimal performance and safety.
- Automotive Undercar Repair Services: Specializing in the repair and maintenance of the undercarriage of vehicles, Monro, Inc. covers everything from brake repair and service to exhaust systems, ensuring the structural integrity and functionality of the vehicle's undercar components.
- Routine Maintenance Services: Offering essential routine maintenance, Monro helps vehicle owners keep their cars, light trucks, and vans in top condition with services that include oil changes, filter replacements, and more to enhance the vehicle's longevity and performance.
- Brakes: The company provides comprehensive brake services including inspection, maintenance, and repair of brake systems to ensure the safety of its customers and the optimum performance of the brakes.
- Mufflers and Exhaust Systems: Monro specializes in the repair and maintenance of mufflers and exhaust systems, addressing issues from noise reduction to emission controls, contributing to both environmental friendliness and vehicle efficiency.
- Steering, Drive Train, Suspension, and Wheel Alignment: By offering services related to the steering, drive train, suspension systems, and wheel alignment, Monro ensures that vehicles handle smoothly and maintain proper alignment, reducing tire wear and improving overall safety and performance.
