Recent Updates — MNRO
Monro, Inc. held its Annual Meeting of Shareholders on August 11, 2026, where shareholders elected eight directors to the Board and ratified the re-appointment of PricewaterhouseCoopers, LLP as independent auditor. The company also declared a quarterly cash dividend of $0.28 per share for the second quarter of fiscal 2027. This dividend is payable on September 8, 2026, to shareholders of record as of August 25, 2026. Monro, Inc. operates in the automotive service and retail tire industry.
Monro, Inc. reported first-quarter fiscal 2027 results for the period ended June 27, 2026. Sales decreased 4.6% to $287.1 million, driven by a $9.0 million reduction from closing 145 underperforming stores and a 1.7% decline in comparable store sales at continuing locations. The company reported a net loss of $2.1 million, or diluted loss per share of $0.08, compared to a net loss of $8.1 million in the prior year period. Operating income improved to $3.7 million from an operating loss of $6.1 million previously. Monro ended the quarter with 1,115 company-operated stores and 47 franchised locations. The company operates in the automotive repair and tire services industry.
Monro, Inc. released its sixth annual environmental, social and governance (ESG) report for fiscal year 2026, which ended March 28, 2026. The report details the company's ESG initiatives and commitments to operational excellence and responsible business practices. Monro, Inc. operates in the automotive service industry and provides tire and tire-related services.