---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-016071"
form_type: "8-K"
ticker: "MNRO"
cik: "0000876427"
company_name: "MONRO, INC."
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:53:55.176228+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Monro Q3 sales -1.9% to $335.2M, comp +5.6%; EPS $0.41; acquires 5 stores

## Summary
- Comparable store sales +5.6% (4.4% adj. for day shift), driven by ~12% increase in ~300 small/underperforming stores.
- Diluted EPS $0.41; adjusted diluted EPS $0.43; operating cash flow record ~$171M in 9 months.
- Repurchased ~584K shares in Q3; cumulative ~2.2M shares at avg ~$44.00.
- Definitive agreement to buy 4 Iowa stores and 1 Illinois store; expected annualized sales ~$6M.
- Sales decline of 1.9% due to divestiture of wholesale tire assets; divested assets had $27.7M sales in prior-year Q3.

## SEC filing metadata
- accession: 0001193125-23-016071
- form_type: 8-K
- ticker: MNRO
- cik: 0000876427
- company_name: MONRO, INC.
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/876427/000119312523016071/0001193125-23-016071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876427/000119312523016071/d202655d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-016071
- JSON: https://secwatch.observer/filing/0001193125-23-016071.json
- Plain text: https://secwatch.observer/filing/0001193125-23-016071.txt

## Key facts
- Earnings Releases
  MONRO, INC. reported the third quarter ended December 24, 2022 results: revenue $335.2 million, EPS $.41.
  - Period: the third quarter ended December 24, 2022
  - Revenue: $335.2 million
  - EPS: $.41
  - Result: reported results
  source text: • Third Quarter Sales Decreased 1.9% to $335.2 Million, due to the Divestiture of Wholesale Tire and Distribution Assets in First Quarter Fiscal 2023 • Third Quarter Comparable Store Sales Increased 5.6%, driven by an ~12% Comparable Store Sales Increase in ~300 Small or Underperforming Stores • Third Quarter Diluted EPS of $.41; Adjusted Diluted EPS 1 of $.43 • Generated Record Cash from Operating Activities of ~$171M in First Nine Months of Fiscal 2023 • Repurchased ~584K Shares of Common Stock; Cumulative Share Repurchases of ~2.2M Shares of Common Stock through Third Quarter at an Average Price of ~$44.00 per share • Executed Definitive Asset Purchase Agreement to Acquire Four Stores in Iowa and One Store in Illinois, Representing Expected Annualized Sales of ~$6 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/876427/000119312523016071/0001193125-23-016071-index.htm
- Earnings Releases
  MONRO, INC. reported financial results for the first nine months of fiscal 2023.
  - Period: the first nine months of fiscal 2023
  - Result: reported results
  source text: On January 25, 2023, Monro, Inc. (the “Company”) issued a press release announcing its financial results for the third quarter ended December 24, 2022, as well as results for the first nine months of fiscal 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/876427/000119312523016071/0001193125-23-016071-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.