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.
Monro, Inc. (Nasdaq: MNRO) has declared a quarterly cash dividend of $.26 per share, payable on March 23, 2022 to shareholders of record as of March 9, 2022. The company, a prominent provider of automotive services, reported $1.1 billion in sales in fiscal 2021 and is expanding its national presence through acquisitions and new store openings. With approximately 1,300 stores and 9,000 service bays, Monro aims to provide high-quality auto care while maintaining a sustainable growth focus.
Monro, Inc. (NASDAQ: MNRO) reported a strong third quarter for fiscal 2022, with sales increasing by 20.1% to $341.8 million, exceeding pre-pandemic levels. The company achieved a 13.8% rise in comparable store sales and a diluted EPS of $0.48, compared to $0.20 a year ago. Notably, the gross margin improved to 35.3%, a 150 basis point increase from last year. Additionally, Monro completed the acquisition of 17 stores expected to generate annualized sales of approximately $25 million. The third-quarter dividend was increased by 18% year-over-year to $0.26 per share.
Monro, Inc. (Nasdaq: MNRO), a top automotive service provider, is set to release its fiscal 2022 third quarter earnings on January 26, 2022. The company will hold a conference call at 8:30 a.m. ET on the same day, accessible by calling 1-877-425-9470. A replay will be available from February 9, 2022, via the same number. In fiscal 2021, Monro reported $1.1 billion in sales, operating nearly 1,300 stores nationwide. This indicates a growing market share and a commitment to sustainable growth through strategic acquisitions.
Monro, Inc. (NASDAQ: MNRO) has declared a quarterly cash dividend of $.26 per share, which will be payable on December 21, 2021. Shareholders of record by the close of business on December 7, 2021 will receive this distribution. In fiscal 2021, the company generated $1.1 billion in sales and continues to grow its presence through acquisitions and new store openings across nearly 1,300 locations nationwide.
Monro, Inc. (Nasdaq: MNRO), a prominent automotive service and tire provider, announced that CEO Mike Broderick and CFO Brian D’Ambrosia will present at the Stephens Annual Investment Conference on December 2, 2021, at 3:00 PM CT. The event will be available via live webcast on the company's website and archived for 90 days. In fiscal 2021, Monro generated $1.1 billion in sales, operating nearly 1,300 stores nationwide. With a commitment to quality service and sustainability, the company continues to expand its market presence.
Monro, Inc. (MNRO) reported strong financial results for its second quarter, with sales surging 20.5% to a record $347.7 million. Comparable store sales rose 14.8%, while diluted EPS increased to $.62 from $.38 year-over-year. The company announced plans to acquire 17 new stores in Southern California and Iowa, expected to generate $25 million in annual sales. A cash dividend of $.26 per share was also declared, marking an 18% increase compared to the prior year. Strong performance was noted in service categories like brakes and alignments.
Monro, Inc. (Nasdaq: MNRO) is set to release its fiscal 2022 second quarter earnings on October 27, 2021.
The Company will conduct a conference call and audio webcast at 8:30 a.m. Eastern Time that day.
Interested parties can join the call by dialing 1-877-425-9470 and using passcode 13724098. A replay will be available until November 10, 2021 at 1-844-512-2921, with the same passcode.
Monro, Inc. (Nasdaq: MNRO) has declared a quarterly cash dividend of $0.26 per share on its common stock. This dividend is payable on September 7, 2021 to shareholders of record by the close of business on August 23, 2021. Monro, a key player in automotive undercar repair and tire services, reported $1.1 billion in sales for fiscal 2021 and aims for sustainable growth through strategic acquisitions and new store openings across its 1,300 stores nationwide.
Monro, Inc. (MNRO) reported a strong first quarter for fiscal 2022, achieving record sales of $341.8 million, up 38.4% from the previous year. Comparable store sales soared 34.5%, driven by significant growth in service categories, including a 57% increase in brakes. Diluted EPS rose to $.46 from $.09 year-over-year. Operating income also improved to $27.9 million (8.2% of sales), with operating cash flow of around $63 million. The company opened 30 new stores while maintaining a strong financial position with $17 million in cash and $372 million available on its credit facility.
Monro, Inc. (Nasdaq: MNRO) will announce its fiscal 2022 first quarter earnings on July 28, 2021. A conference call will follow at 8:30 a.m. Eastern Time, accessible by dialing 1-877-425-9470 with passcode 13721510. A replay will be available until August 11, 2021. Monro operates nearly 1,300 stores nationwide, generating $1.1 billion in fiscal 2021 sales and focusing on expanding its services through strategic acquisitions and new store openings.
FAQ
What is the current stock price of Monro (MNRO)?
What is the market cap of Monro (MNRO)?
What services does Monro, Inc. provide?
Where is Monro, Inc. headquartered?
How many stores does Monro, Inc. operate?
What is Monro’s goal in the markets it serves?
How does Monro support its employees?
What recent partnership has Monro, Inc. announced?
What promotion is Monro offering in collaboration with BFGoodrich Tires?
How can I apply for a job at Monro, Inc.?
What is Monro, Inc.'s financial strategy?
What is Monro, Inc.'s approach to customer service?
