Monro, Inc. provides automotive undercar repair, and tire sales and services in the United States. It offers replacement tires and tire related services; routine maintenance services on passenger cars, light trucks, and vans; products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. The company also provides auto maintenance services, including oil change, lubrication and fluid, motor vehicle safety inspection, auto emissions test, and air conditioners inspection services; and auto repair services for fuel and ignition systems, wheel alignment, suspension system, air conditioners. In addition, it offers heating and cooling systems, transmission flush and fills, batteries, alternators, and starters, as well as belt and hose installation, and scheduled maintenance services. The company operates its stores under the brand names of 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, Tire Barn Warehouse, and Free Service Tire & Auto Centers. As of March 27, 2021, it operated 1,263 company-operated stores, 96 franchised locations, seven wholesale locations, and three retread facilities in 32 states. The company was formerly known as Monro Muffler Brake, Inc. and changed its name to Monro, Inc. in August 2017. Monro, Inc. was founded in 1957 and is headquartered in Rochester, New York.
IPO Year: 1991
Exchange: NASDAQ
Website: monro.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/19/2024 | $31.00 | Outperform | Wedbush |
| 10/15/2024 | $31.00 | Equal-Weight | Stephens |
| 9/7/2023 | $35.00 | Equal Weight | Wells Fargo |
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, will release its fiscal 2025 third quarter earnings on January 29, 2025. The Company will host a conference call and audio webcast on Wednesday, January 29, 2025 at 8:30 a.m. Eastern Time. The conference call may be accessed by dialing 1-833-470-1428 and using the required access code of 875581. A replay will be available approximately two hours after the recording through Wednesday, February 12, 2025 and can be accessed by dialing 1-866-813-9403 and using the required access code of 872796. A replay can also be accessed via audio webcast at the Investors section of the Company's website, locate
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced that its Board of Directors has declared a quarterly cash dividend of $.28 per share on the Company's outstanding shares of common stock, including the shares of common stock to which the holders of the Company's Class C Convertible Preferred Stock are entitled. The dividend is payable on December 17, 2024 to shareholders at the close of business on December 3, 2024. About Monro, Inc. Monro, Inc. (NASDAQ:MNRO) is one of the nation's leading automotive service and tire providers, delivering best-in-class auto care to communities across the country, from oil changes, tires and pa
Drove 410 Basis Point Sequential Improvement in Year-over-Year Comparable Store Sales Percentage Change from the First Quarter of Fiscal 2025 Generated Cash from Operating Activities of $88 Million for the First Half of Fiscal 2025 Distributed Second Quarter Fiscal 2025 Cash Dividend of $.28 per Share Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its second quarter ended September 28, 2024. Second Quarter Results Sales for the second quarter of the fiscal year ending March 29, 2025 ("fiscal 2025") decreased 6.4% to $301.4 million, as compared to $322.1 million for the second quarter of the fiscal
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, will release its fiscal 2025 second quarter earnings on October 30, 2024. The Company will host a conference call and audio webcast on Wednesday, October 30, 2024, at 8:30 a.m. Eastern Time. The conference call may be accessed by dialing 1-833-470-1428 and using the required access code of 881759. A replay will be available approximately two hours after the recording through Wednesday, November 13, 2024, and can be accessed by dialing 1-866-813-9403 and using the required access code of 278261. A replay can also be accessed via audio webcast at the Investors section of the Company's website, loc
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced that its Board of Directors has declared a quarterly cash dividend of $.28 per share on the Company's outstanding shares of common stock, including the shares of common stock to which the holders of the Company's Class C Convertible Preferred Stock are entitled. The dividend is payable on September 10, 2024, to shareholders at the close of business on August 27, 2024. About Monro, Inc. Monro, Inc. (NASDAQ:MNRO) is one of the nation's leading automotive service and tire providers, delivering best-in-class auto care to communities across the country, from oil changes, tires and p
First Quarter Gross Margin Expanded 220 Basis Points First Quarter Diluted EPS of $.19; Adjusted Diluted EPS1 of $.22 Generated Cash from Operating Activities of $26 Million Distributed First Quarter Fiscal 2025 Cash Dividend of $.28 per Share Released Fourth Annual Environmental, Social & Governance (ESG) Report Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its first quarter ended June 29, 2024. First Quarter Results Sales for the first quarter of the fiscal year ending March 29, 2025 ("fiscal 2025") decreased 10.3% to $293.2 million, as compared to $327.0 million for the first quarte
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, will release its fiscal 2025 first quarter earnings on July 31, 2024. The Company will host a conference call and audio webcast on Wednesday, July 31, 2024, at 8:30 a.m. Eastern Time. The conference call may be accessed by dialing 1-833-470-1428 and using the required access code of 425992. A replay will be available approximately two hours after the recording through Wednesday, August 14, 2024 and can be accessed by dialing 1-866-813-9403 and using the required access code of 179581. A replay can also be accessed via audio webcast at the Investors section of the Company's website, located at co
Fourth Quarter Comparable Store Sales Increased 0.1% on a Reported Basis Fourth Quarter Gross Margin Expanded 210 Basis Points Generated Cash from Operating Activities of $125 Million during Fiscal 2024 Approved First Quarter Fiscal 2025 Cash Dividend of $.28 per Share Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its fourth quarter and fiscal year ended March 30, 2024. Fourth Quarter Results Sales for the fourth quarter of the fiscal year ended March 30, 2024 ("fiscal 2024") decreased 0.2% to $310.1 million, as compared to $310.8 million for the fourth quarter of the fiscal year ended Ma
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, will release its fiscal 2024 fourth quarter and year-end earnings on May 23, 2024. The Company will host a conference call and audio webcast on Thursday, May 23, 2024 at 8:30 a.m. Eastern Time. The conference call may be accessed by dialing 1-833-470-1428 and using the required access code of 167286. A replay will be available approximately two hours after the recording through Thursday, June 6, 2024 and can be accessed by dialing 1-866-813-9403 and using the required access code of 952959. A replay can also be accessed via audio webcast at the Investors section of the Company's website, located
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced that its Board of Directors has declared a quarterly cash dividend of $.28 per share on the Company's outstanding shares of common stock, including the shares of common stock to which the holders of the Company's Class C Convertible Preferred Stock are entitled. The dividend is payable on March 22, 2024 to shareholders at the close of business on March 8, 2024. About Monro, Inc. Monro, Inc. (NASDAQ:MNRO) is one of the nation's leading automotive service and tire providers, delivering best-in-class auto care to communities across the country, from oil changes, tires and parts in
Wedbush initiated coverage of Monro Muffler with a rating of Outperform and set a new price target of $31.00
Stephens initiated coverage of Monro Muffler with a rating of Equal-Weight and set a new price target of $31.00
Wells Fargo initiated coverage of Monro Muffler with a rating of Equal Weight and set a new price target of $35.00
Oppenheimer resumed coverage of Monro with a rating of Hold
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Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced that Jack Heisman has been appointed to the role of Vice President – Human Resources, effective immediately. In addition to Human Resources and Training, Jack will also oversee Monro's Corporate Communications Department in his new role. Mike Broderick, President and Chief Executive Officer, said, "Jack is a trusted team player and highly capable leader who has had a significant impact on many areas of our organization. His strategic mindset and people-first approach will be instrumental in leading these critical departments through this time of business transformation and growth
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced that Thomas B. Okray has been appointed to the Company's Board of Directors, effective immediately. Mr. Okray will serve on the Executive Committee. Mr. Okray is a seasoned executive with significant financial and operational expertise in the auto industry and broader industrials segment, including a 26-year tenure at General Motors and subsequent senior finance roles at Amazon.com, Inc., Advance Auto Parts, Inc. and W.W. Grainger, Inc. He most recently served as Chief Financial Officer of Eaton Corporation, a global intelligent power management company. Robert E. Mellor, Chair
Planned Recapitalization Simplifies Equity Capital Structure and Improves Corporate Governance Reflects Outcome of Active Dialogue with Shareholders and Extensive Assessment of Recapitalization Options Company Announces Plan to Declassify Board Monro, Inc. (NASDAQ:MNRO) ("Monro" or the "Company"), a leading provider of automotive undercar repair and tire services, today announced it has entered into an agreement with the holders (the "Class C Holders") of its Class C Convertible Preferred Stock (the "Class C Preferred Stock") under which the Class C Preferred Stock will be eliminated (the "agreement"), subject to receipt of shareholder approval. The agreement has been approved by Monr
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced that the Company's Board of Directors has appointed Hope B. Woodhouse to the Board, effective immediately. Ms. Woodhouse will serve on the Compensation Committee and the Audit Committee. Monro also announced that Frederick Michael ("Mike") Danziger has retired from the Board, effective February 3, 2023. "We appreciate the constructive dialogue with shareholders and are implementing changes to strengthen Monro and improve our corporate governance," said Robert E. Mellor, Chair of the Board and Chair of the Nominating and Corporate Responsibility Committee. "Refreshment remains a pr
ROCHESTER, N.Y., July 06, 2021 (GLOBE NEWSWIRE) -- Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced the appointment of Matt Henson as Chief Human Resources Officer, effective immediately. Mr. Henson brings over 25 years of experience in human resources, leading field-focused human capital management strategies for large retailers. He most recently served as Vice President of Field Human Resources at AutoZone where he played an instrumental role in building large-scale performance-driven teams. In his new role, Mr. Henson will lead Monro's human resources function and strategy, including talent acquisition, learning and developme
ROCHESTER, N.Y., March 15, 2021 (GLOBE NEWSWIRE) -- Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced the appointment of Michael Broderick as President and Chief Executive Officer. Mr. Broderick will assume his role effective April 5, 2021, at which time he will also join the Board of Directors. Mr. Broderick brings over 25 years of experience executing profitable growth and business transformation strategies in the aftermarket parts and tire service industry. He most recently served as Executive Vice President of Merchandising and Store Operations Support at Advance Auto Parts where he played a critical role in driving same-sto
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, will release its fiscal 2025 third quarter earnings on January 29, 2025. The Company will host a conference call and audio webcast on Wednesday, January 29, 2025 at 8:30 a.m. Eastern Time. The conference call may be accessed by dialing 1-833-470-1428 and using the required access code of 875581. A replay will be available approximately two hours after the recording through Wednesday, February 12, 2025 and can be accessed by dialing 1-866-813-9403 and using the required access code of 872796. A replay can also be accessed via audio webcast at the Investors section of the Company's website, locate
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced that its Board of Directors has declared a quarterly cash dividend of $.28 per share on the Company's outstanding shares of common stock, including the shares of common stock to which the holders of the Company's Class C Convertible Preferred Stock are entitled. The dividend is payable on December 17, 2024 to shareholders at the close of business on December 3, 2024. About Monro, Inc. Monro, Inc. (NASDAQ:MNRO) is one of the nation's leading automotive service and tire providers, delivering best-in-class auto care to communities across the country, from oil changes, tires and pa
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced that Brian D'Ambrosia, Executive Vice President and Chief Financial Officer and Felix Veksler, Senior Director of Investor Relations, will participate in a Fireside Chat at the Stephens Annual Investment Conference on Wednesday, November 20, 2024 at 2:00 PM CT. A live webcast of the Stephens event will be available via the "Investors" section of the Company's corporate website (corporate.monro.com/investors/events-and-presentations). About Monro, Inc. Monro, Inc. (NASDAQ:MNRO) is one of the nation's leading automotive service and tire providers, delivering best-in-class auto care
Drove 410 Basis Point Sequential Improvement in Year-over-Year Comparable Store Sales Percentage Change from the First Quarter of Fiscal 2025 Generated Cash from Operating Activities of $88 Million for the First Half of Fiscal 2025 Distributed Second Quarter Fiscal 2025 Cash Dividend of $.28 per Share Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its second quarter ended September 28, 2024. Second Quarter Results Sales for the second quarter of the fiscal year ending March 29, 2025 ("fiscal 2025") decreased 6.4% to $301.4 million, as compared to $322.1 million for the second quarter of the fiscal
GREENWICH, Conn., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced that Michael T. Broderick, President and Chief Executive Officer, Brian D'Ambrosia, Executive Vice President and Chief Financial Officer and Felix Veksler, Senior Director of Investor Relations, will participate in a Fireside Chat at the Gabelli Funds 48th Annual Automotive Symposium on Tuesday, November 5, 2024 at 11:30 AM PT. A live webcast of the Gabelli event will be available via the "Investors" section of the Company's corporate website (corporate.monro.com/investors/events-and-presentations). About Monro, Inc. Monro, Inc. (NASDAQ:MNRO) is one of the nation's leading automo
GREENWICH, Conn., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, will release its fiscal 2025 second quarter earnings on October 30, 2024. The Company will host a conference call and audio webcast on Wednesday, October 30, 2024, at 8:30 a.m. Eastern Time. The conference call may be accessed by dialing 1-833-470-1428 and using the required access code of 881759. A replay will be available approximately two hours after the recording through Wednesday, November 13, 2024, and can be accessed by dialing 1-866-813-9403 and using the required access code of 278261. A replay can also be accessed via audio webcast at the Investors section of the Company's website, loc
GREENWICH, Conn., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced that Brian D'Ambrosia, Executive Vice President and Chief Financial Officer and Felix Veksler, Senior Director of Investor Relations, will participate in a Fireside Chat at the Piper Sandler 2024 Growth Frontiers Conference on Wednesday, September 11, 2024, at 11:30 AM CDT. A live webcast of the Piper Sandler 2024 Growth Frontiers event will be available via the "Investors" section of the Company's corporate website (corporate.monro.com/investors/events-and-presentations). About Monro, Inc. Monro, Inc. (NASDAQ:MNRO) is one of the nation's leading automotive service and tire pro