Quarterly ResultJul 29, 2026, 07:41 AM
Monro Q1 Sales Down 4.6% to $287.1M; Net Loss $2.1M
AI Summary
Monro, Inc. announced its first quarter fiscal 2027 financial results, reporting a 4.6% decrease in sales to $287.1 million and a net loss of $2.1 million, an improvement from the $8.1 million net loss in the prior year. Comparable store sales declined by 1.7%, primarily due to lower store traffic and deferred higher-ticket spending. The company also paid a cash dividend of $0.28 per share and released its sixth annual ESG Report.
Key Highlights
- Sales decreased 4.6% to $287.1 million for the first quarter of fiscal 2027.
- Net loss was $2.1 million, an improvement from $8.1 million in the prior year period.
- Diluted loss per share was $0.08, compared to $0.28 in the prior year period.
- Comparable store sales decreased 1.7% year-over-year.
- Adjusted operating income fell to $2.2 million from $14.0 million in the prior year.
- Ended the quarter with $9.5 million in cash and $261.5 million available under its credit facility.
- Paid a cash dividend of $0.28 per share for the first quarter of fiscal 2027.
- Released its sixth annual ESG Report covering fiscal 2026.
Price Impact
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