secwatch.observer — SEC 8-K summary
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Issuer:     MONRO, INC. (MNRO)
CIK:        0000876427
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001193125-23-016071
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/876427/000119312523016071/0001193125-23-016071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/876427/000119312523016071/d202655d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-016071

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer