Monro Q1 FY2024 sales down 6.5% to $327M; comp store sales +0.5%; adj. EPS $0.31

MONRO, INC.

2024-Q1 EPS reported $0.28 revenue$326,968,000

Diluted EPS $0.28; adjusted diluted EPS $0.31.
Comparable store sales increased 0.5%, driven by ~300 small/underperforming stores.
Sales from divested wholesale tire assets were $23.9M in prior-year quarter.
Battery comps +18%, maintenance +3%, tires +1%; brakes/alignments -2%, front end/shocks -9%.
Generated $72M cash from ops; paid Q1 dividend of $0.28 per share.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MONRO, INC. reported first quarter ended June 24, 2023 results: revenue $327.0 million, EPS $.28; Adjusted Diluted EPS 1 of $.31.

Period: first quarter ended June 24, 2023
Revenue: $327.0 million
EPS: $.28; Adjusted Diluted EPS 1 of $.31
Result: reported results

Exact text from the filing

First quarter sales decreased to $327.0 million

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MONRO, INC. filing history →

Source: SEC EDGAR

accession 0001193125-23-194490

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