Monro is downgraded from "Buy" to "Hold" due to deteriorating financial performance and ongoing macroeconomic pressures. Revenue and profitability have declined, with Q1 2027 revenue down to $287.1 million and EBITDA dropping to $17.8 million. Comparable store sales fell 1.7%, driven by weakness in core categories like tires and brakes, despite some growth in batteries and alignments.
I rate Monro a Buy with a $28.2 price target, citing undervalued resilience and strategic optionality. MNRO's business fundamentals remain robust, supported by stable miles driven and an aging vehicle fleet boosting repair demand. Industry consolidation and Monro's strategic review—including potential sale—provide credible upside catalysts and synergy opportunities.
Monro Muffler Brake NASDAQ: MNRO shareholders elected eight directors, approved an advisory vote on named executive officer compensation and ratified PricewaterhouseCoopers LLP as the company's independent registered public accounting firm at the company's 2026 annual meeting.
| Automobile Components Industry | Consumer Discretionary Sector | Peter D. Fitzsimmons CEO | XFRA Exchange | 610236101 CUSIP |
| US Country | 6,440 Employees | 25 Aug 2026 Last Dividend | 27 Dec 2010 Last Split | 29 Jul 1991 IPO Date |
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.
Monro, Inc. offers a comprehensive range of products and services designed to meet the automotive maintenance and repair needs of its customers: