secwatch.observer — SEC 8-K summary
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Issuer:     MONRO, INC. (MNRO)
CIK:        0000876427
Form:       8-K
Filed at:   2023-05-18T23:59:59+00:00
Accession:  0001193125-23-148049
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/876427/000119312523148049/0001193125-23-148049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/876427/000119312523148049/d501562d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-148049

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