Monro, Inc. (MNRO)

NASDAQ: MNRO · IEX Real-Time Price · USD
53.56
-0.41 (-0.76%)
Feb 3, 2023, 4:00 PM EST - Market closed
-0.76%
Market Cap 1.68B
Revenue (ttm) 1.34B
Net Income (ttm) 47.25M
Shares Out 31.46M
EPS (ttm) 1.43
PE Ratio 37.45
Forward PE 22.42
Dividend $1.10 (2.05%)
Ex-Dividend Date Dec 5, 2022
Volume 334,983
Open 53.67
Previous Close 53.97
Day's Range 52.73 - 53.96
52-Week Range 37.49 - 54.00
Beta 1.02
Analysts Sell
Price Target 44.37 (-17.16%)
Earnings Date Jan 25, 2023

About MNRO

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 automotive undercar repair services, including tire replacement sales, and tire related service. The company operates its stores under the brand names of Monro Auto Service a... [Read more]

Industry Auto Parts
IPO Date Jul 29, 1991
Employees 8,750
Stock Exchange NASDAQ
Ticker Symbol MNRO
Full Company Profile

Financial Performance

In 2022, Monro's revenue was $1.36 billion, an increase of 20.75% compared to the previous year's $1.13 billion. Earnings were $61.57 million, an increase of 79.40%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for MNRO stock is "Sell." The 12-month stock price forecast is $44.37, which is a decrease of -17.16% from the latest price.

Price Target
$44.37
(-17.16% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Monro Muffler Brake (MNRO) Tops Q3 Earnings and Revenue Estimates

Monro (MNRO) delivered earnings and revenue surprises of 13.16% and 3.01%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Monro, Inc. Announces Third Quarter Fiscal 2023 Financial Results

ROCHESTER, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its third quarter ended Decemb...

1 week ago - Business Wire

Monro, Inc. to Report Third Quarter Fiscal 2023 Earnings on January 25, 2023

ROCHESTER, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, will release its fiscal 2023 third quarter earnings on January 25, 2...

3 weeks ago - Business Wire

Monro Waives Battery Installation Charges along with Other Strategic Initiatives

ROCHESTER, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO) recently implemented a series of initiatives designed to help customers prepare for winter driving. These efforts are part of a forward-l...

2 months ago - Business Wire

Monro, Inc. Declares Quarterly Cash Dividend

ROCHESTER, N.Y.--(BUSINESS WIRE)--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...

2 months ago - Business Wire

Monro, Inc. Announces Amendment & Extension to Existing Credit Facility

ROCHESTER, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced a new $600 million revolving line of credit, which a...

2 months ago - Business Wire

Monro, Inc. to Participate at the Gabelli & Co. Conference

ROCHESTER, N.Y.

3 months ago - Business Wire

Monro Muffler Brake (MNRO) Q2 Earnings Match Estimates

Monro (MNRO) delivered earnings and revenue surprises of 0% and 7.54%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Monro, Inc. Announces Second Quarter Fiscal 2023 Financial Results

ROCHESTER, N.Y.

3 months ago - Business Wire

Monro Reports that Majority of Tire Choice Locations in Florida are Now Open

ROCHESTER, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO) announces that six of its Tire Choice Auto Service Center locations in Florida are closed in the wake of Hurricane Ian. The remaining 102 s...

4 months ago - Business Wire

Gabelli Funds to Host 46th Annual Auto Symposium October 31st and November 1st

RYE, N.Y.--(BUSINESS WIRE)--Gabelli Funds, LLC, will host the 46th Annual Auto Symposium at the Waldorf Astoria in Las Vegas beginning on October 31, 2022. This two-day symposium will feature presenta...

5 months ago - Business Wire

Monro's Shareholders Vote to Oust Two Incumbent Monro Directors in Response to Ides' “Vote No” Campaign

NEW YORK--(BUSINESS WIRE)--Ides Capital Management, LP (together with its affiliates, “Ides”) is a New York-based investment advisor that engages with corporate boards and management teams to drive lo...

5 months ago - Business Wire

Monro Announces Majority of Director Slate Received Majority of Votes Cast at Annual Meeting

ROCHESTER, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO) (Monro or the “Company”), a leading provider of automotive undercar repair and tire services, today announced that, at its 2022 Annual Meet...

5 months ago - Business Wire

Advisory firm ISS urges Monro shareholders to vote against board members

Monro Inc shareholders should vote against all five of the auto service company's directors who are up for election after the board failed to follow investor wishes and restructure its share classes, ...

6 months ago - Reuters

Monro Muffler Brake (MNRO) Q1 Earnings Surpass Estimates

Monro (MNRO) delivered earnings and revenue surprises of 50% and 0.88%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Monro, Inc. Announces First Quarter Fiscal 2023 Financial Results

ROCHESTER, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its first quarter ended June 25,...

6 months ago - Business Wire

Ides Capital Sends Letter to Monro Board of Directors

NEW YORK--(BUSINESS WIRE)--Ides Capital Management, LP (together with its affiliates, “Ides”) is a New York-based investment advisor that engages with corporate boards and management teams to drive lo...

7 months ago - Business Wire

Monro, Inc. to Report First Quarter Fiscal 2023 Earnings on July 27, 2022

ROCHESTER, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, will release its fiscal 2023 first quarter earnings on July 27, 2022. ...

7 months ago - Business Wire

Monro, Inc. Publishes Second Annual Corporate Responsibility Report

ROCHESTER, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, has released its second annual Corporate Responsibility Report, “Respo...

8 months ago - Business Wire

Monro, Inc. Announces Sale of Tires Now Assets to American Tire Distributors

ROCHESTER, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO) (“Monro”), one of the largest independent auto service and tire dealers in the United States, has completed the previously-announced sale o...

8 months ago - Business Wire

Monro, Inc. to Present at the Oppenheimer 22nd Annual Consumer Growth and E-Commerce Conference

ROCHESTER, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced that Brian D'Ambrosia, Executive Vice President and Ch...

8 months ago - Business Wire

Monro Muffler Brake (MNRO) Lags Q4 Earnings Estimates

Monro (MNRO) delivered earnings and revenue surprises of -56.52% and 0.60%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

American Tire Distributors to Acquire Monro, Inc.'s Tires Now Distribution Assets

HUNTERSVILLE, N.C. & ROCHESTER, N.Y.--(BUSINESS WIRE)--American Tire Distributors (“ATD”) and Monro, Inc. (Nasdaq: MNRO) (“Monro”), today announced that they have entered into a definitive agreement p...

9 months ago - Business Wire