Monro Slips To Q4 Loss, Sales Beat Market, Comps Up In Q1-to-date; Stock Climbs

(RTTNews) - Monro, Inc. (MNRO), a provider of automotive undercar repair and tire services, reported Wednesday a loss in its fourth quarter, compared to prior year's profit, amid weak sales. The topline, however, beat market estimates, with higher comparable store sales. The company further reported higher Comparable store sales in the first-quarter-to date, and announced dividend.

In the pre-market activity on the Nasdaq, Monro shares were climbing around 21.4 percent to trade at $15.50.

Peter Fitzsimmons, President and Chief Executive Officer, said, "While the results of our fourth quarter were impacted by extreme weather in the first half of the quarter, we drove positive comparable store sales growth in the quarter, adjusted for days, as well as sequential improvement in comparable store sales and gross margin as the months of the quarter progressed. Encouragingly, our sales momentum has continued into our first quarter of fiscal 2026 with preliminary quarter-to-date comparable store sales that are up approximately 7 percent."

Further, the company announced that its Board of Directors has approved a cash dividend for the first quarter of $.28 per share, payable on June 17 to shareholders of record on June 3.

In the fourth quarter, net loss was $21.28 million, as compared to net income of $3.70 million in the prior year. Loss per share was $0.72, compared to earnings per share of $0.12 a year ago.

Adjusted loss per share was $0.09, compared to adjusted earnings per share of $0.21 in the prior year.

The Wall Street analysts, on average, expected earnings of $0.03 per share for the quarter.

Sales for the fourth quarter decreased 4.9 percent to $295.0 million from $310.08 million last year. The Street expected sales of $289.5 million.

The fourth quarter of fiscal 2025 had 91 selling days compared to 97 selling days in fiscal 2024, resulting in a sales decrease of $18.9 million.

Comparable store sales increased 2.8 percent. Comparable store sales, unadjusted for days, decreased 3.6 percent.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com