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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. 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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Monro, Inc. (NASDAQ: MNRO), a leader in automotive services, will feature Executive VP and CFO Brian D’Ambrosia and Senior Director of Investor Relations Felix Veksler in a Fireside Chat at the UBS Global Consumer and Retail Conference on March 16, 2023, at 8:00 AM ET. A live webcast of the event will be accessible via the Company’s investor relations page. Monro has more than 1,300 stores nationwide, with last fiscal year's sales reaching approximately $1.4 billion. The company emphasizes quality service through a network of certified technicians.

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Monro, Inc. (NASDAQ: MNRO), a top provider of automotive undercar repair and tire services, will participate in a Fireside Chat at the Bank of America Securities Consumer & Retail Conference on March 14, 2023, at 1:00 PM ET. Key executives including Michael T. Broderick (CEO), Brian D’Ambrosia (CFO), and Felix Veksler (Investor Relations Director) will represent the company. A live webcast can be accessed via the "Investors" section of their corporate website. Monro generated approximately $1.4 billion in sales for fiscal 2022, showing a commitment to sustainable growth through acquisitions and new store openings across about 1,300 locations.

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Monro, Inc. has declared a quarterly cash dividend of $.28 per share, payable on March 22, 2023 to shareholders on record by March 8, 2023. This leading provider of automotive services generated approximately $1.4 billion in sales during fiscal 2022. Monro continues to grow through strategic acquisitions and new store openings, operating about 1,300 locations with 9,000 service bays nationwide. The company emphasizes high-quality automotive care combining professional service and cutting-edge technology to enhance customer satisfaction.

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FAQ

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

The current stock price of Monro (MNRO) is $25.16 as of December 20, 2024.

What is the market cap of Monro (MNRO)?

The market cap of Monro (MNRO) is approximately 766.0M.

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

766.02M
29.50M
1.46%
108.71%
12.16%
Auto Parts
Services-automotive Repair, Services & Parking
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United States of America
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