Monro, Inc. (MNRO)
| 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]
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 StatementsAnalyst 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.
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?
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...
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...
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...
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...
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...
Monro, Inc. to Participate at the Stephens Annual Investment Conference
ROCHESTER, N.Y.
Monro, Inc. to Participate at the Gabelli & Co. Conference
ROCHESTER, N.Y.
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?
Monro, Inc. Announces Second Quarter Fiscal 2023 Financial Results
ROCHESTER, N.Y.
Monro, Inc. to Report Second Quarter Fiscal 2023 Earnings on October 26, 2022
ROCHESTER, N.Y.
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...
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...
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...
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...
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, ...
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?
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,...
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...
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. ...
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...
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...
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...
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?
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...