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Monro Inc - MNRO STOCK NEWS

Welcome to our dedicated page for Monro news (Ticker: MNRO), a resource for investors and traders seeking the latest updates and insights on Monro stock.

Monro, Inc., headquartered in Rochester, New York, is a prominent player in the automotive service industry in the United States. The company operates over 1,000 service stations across 25 states, primarily serving the eastern half of the country. Monro provides a comprehensive range of services focused on undercar maintenance, including brake, steering, exhaust, drivetrain, and suspension systems, as well as tire sales and services.

Monro, Inc. is dedicated to being the leading automotive service provider in its markets by offering consumers and businesses superior value through high-quality service at competitive prices, coupled with exceptional convenience and customer service. The company also strives to be a rewarding place for its employees by fostering a motivating and supportive work environment, while simultaneously delivering superior returns to its shareholders.

Recently, Monro announced a significant partnership with BFGoodrich Tires as the 'Official Auto Repair and Tire Partner' for the 2024 World's Strongest Man competition. This collaboration emphasizes Monro's commitment to showcasing the strength and durability of BFGoodrich tires and includes a limited-time promotion offering a free alignment with the purchase of a set of four BFGoodrich tires.

Monro's financial performance continues to reflect its strategic initiatives and market leadership. The company remains focused on expanding its footprint, enhancing its service offerings, and leveraging partnerships to drive growth and customer satisfaction.

For career opportunities at Monro, visit the company’s careers section at http://careers.monro.com, where you can view current openings and download an employment application.

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Monro, Inc. will participate in a Fireside Chat at the Gabelli Funds Annual Automotive Symposium on October 30, 2023.
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Monro, Inc. to release Q2 2024 earnings on October 25, 2023.
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Monro, Inc. (Nasdaq: MNRO) reported a 6.5% decrease in sales to $327.0 million for the first quarter of fiscal 2024. Comparable store sales increased by 0.5%. Diluted EPS was $.28, with adjusted diluted EPS1 of $.31. The company released its third annual ESG report and distributed a cash dividend of $.28 per share.
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Monro, Inc. to release fiscal 2024 Q1 earnings on July 26, 2023
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Monro, Inc. plans to eliminate its Class C Convertible Preferred Stock through a recapitalization agreement. The conversion rate of the Class C Preferred Stock to common stock will be adjusted, resulting in a premium of approximately $36.6 million. The agreement also includes the declassification of the Board, transitioning to a single-class structure with one-year terms for directors.
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FAQ

What is the current stock price of Monro (MNRO)?

The current stock price of Monro (MNRO) is $18.68 as of February 25, 2025.

What is the market cap of Monro (MNRO)?

The market cap of Monro (MNRO) is approximately 553.5M.

What services does Monro, Inc. provide?

Monro, Inc. provides a comprehensive range of automotive services including brake, steering, exhaust, drivetrain, suspension systems maintenance, and tire sales and services.

Where is Monro, Inc. headquartered?

Monro, Inc. is headquartered in Rochester, New York.

How many stores does Monro, Inc. operate?

Monro, Inc. operates over 1,000 stores across 25 states in the United States.

What is Monro’s goal in the markets it serves?

Monro aims to be the dominant automotive service provider by offering superior value, quality service, and exceptional customer convenience.

How does Monro support its employees?

Monro strives to create a motivating and supportive work environment, being a rewarding place for dedicated and motivated employees.

What recent partnership has Monro, Inc. announced?

Monro announced a partnership with BFGoodrich Tires as the 'Official Auto Repair and Tire Partner' for the 2024 World's Strongest Man competition.

What promotion is Monro offering in collaboration with BFGoodrich Tires?

Monro is offering a free alignment with the purchase of a set of four BFGoodrich tires as part of their partnership promotion.

How can I apply for a job at Monro, Inc.?

You can visit Monro's careers section at http://careers.monro.com to see current job openings and download an employment application.

What is Monro, Inc.'s financial strategy?

Monro focuses on expanding its footprint, enhancing service offerings, and leveraging partnerships to drive growth and customer satisfaction.

What is Monro, Inc.'s approach to customer service?

Monro is committed to providing superior value and a quality job at a fair price, ensuring exceptional customer service and convenience.
Monro Inc

Nasdaq:MNRO

MNRO Rankings

MNRO Stock Data

553.46M
29.50M
1.46%
113.62%
11.84%
Auto Parts
Services-automotive Repair, Services & Parking
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United States
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