MONRO, INC.

Monro, Inc. has entered into an amendment to its Rights Agreement with Equiniti Trust Company, LLC, extending the final expiration date of the Rights Agreement from November 6, 2026, to November 1, 2027. This extension is a strategic move by the Company's Board of Directors to support an ongoing review of strategic alternatives, aiming to ensure the review process is conducted effectively and to safeguard the interests of the Company and its shareholders during this period. The Rights will now expire on November 1, 2027, unless earlier redeemed, exchanged, or terminated.

Monro, Inc. announced its second quarter fiscal 2027 financial results, reporting a 1.8% decrease in sales to $283.6 million and a net loss of $1.6 million, or $0.05 per diluted share. This contrasts with a net income of $5.7 million in the prior year's second quarter. The decline was attributed to lower comparable store sales across most categories, except for batteries and maintenance services. The company also entered into new senior secured credit facilities totaling $375 million, replacing its prior credit facility. Monro is not providing fiscal 2027 financial guidance at this time.

Monro, Inc. declared a quarterly cash dividend of $0.28 per share, payable on September 8, 2026, to shareholders of record as of August 25, 2026. At its Annual Meeting, shareholders elected eight directors to the Board, approved executive compensation on an advisory basis, and ratified PricewaterhouseCoopers, LLP as the independent registered public accounting firm.

MONRO, INC. announced the completion of its Class C Preferred Stock conversion, with 19,664 shares converting into over 1.2 million common shares. The company also amended its Credit Facility, reducing it to $400 million while modifying covenants to provide additional flexibility. For Q1 2027, Monro reported a net loss of $(2.1) million, an improvement from $(8.1) million in the prior year, despite a decrease in sales to $287.1 million.

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.

Monro, Inc. announced its 2026 Annual Meeting of Shareholders to be held virtually on August 11, 2026. Shareholders will vote on the election of eight directors, an advisory resolution on executive compensation, and the ratification of PricewaterhouseCoopers LLP as the independent auditor. The CEO highlighted fiscal 2026 achievements, including positive comparable store sales, closure of 145 underperforming stores, and progress in customer experience and merchandising. The company also noted the conversion of Class C Preferred Stock, eliminating its dual-class structure, and advancements in ESG initiatives.

Monro, Inc. announced the release of its sixth annual Environmental, Social, and Governance (ESG) report for fiscal year 2026, ended March 28, 2026. Titled "Service, Responsibly Delivered," the report highlights the company's ongoing commitment to operational excellence and responsible business practices. Key advancements include enhancing guest experience through digital inspections, improving teammate development and retention, and making progress in climate and energy initiatives by measuring Scope 1 and Scope 2 emissions for the first time.

Monro, Inc. announced its Board of Directors has initiated a review of strategic alternatives to maximize shareholder value, which may include asset sales, refinancing, acquisitions, or a company sale. Concurrently, the company reported its fourth quarter fiscal 2026 results, with sales decreasing 7.2% to $273.8 million and a net loss of $6.6 million. For the full fiscal year 2026, sales were $1.157 billion, with a net income of $2.2 million, marking the first comparable store sales increase in three years. The Board also declared a quarterly cash dividend of $0.28 per share.