Monro Q4 sales $310.8M, GAAP EPS $0.01, adjusted $0.08; comp sales +4.5%

MONRO, INC.

2023-FY EPS reported $1.20 revenue$1,325,382,000

Q4 sales $310.8M, down 5.2% due to wholesale divestiture; comparable store sales +4.5%.
GAAP diluted EPS $0.01; adjusted diluted EPS $0.08 (non-GAAP). Record cash ops $215M in FY2023.
Declares quarterly dividend $0.28/share, payable June 19, 2023 to shareholders of record June 5, 2023.
Completed acquisition of 5 stores (4 in Iowa, 1 in Illinois) with ~$6M annualized sales.
Recapitalization: eliminate Class C preferred stock and declassify board; Q1 FY2024 EPS guidance $0.36-$0.42.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MONRO, INC. reported financial results for the fourth quarter and fiscal year ended March 25, 2023.

Period: the fourth quarter and fiscal year ended March 25, 2023
Result: reported results

Exact text from the filing

On May 18, 2023, Monro, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended March 25, 2023.

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MONRO, INC. filing history →

Source: SEC EDGAR

accession 0001193125-23-148049

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