secwatch.observer — SEC 8-K summary
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Issuer:     MONRO, INC. (MNRO)
CIK:        0000876427
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001193125-24-014311
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Monro Q3 FY2024 sales down 5.2% to $317.7M; comps fall 6.1%, EPS $0.38
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- Revenue $317.7M vs $335.2M YoY; comparable store sales decreased 6.1% (prior year +5.6%).
- Diluted EPS $0.38; adjusted diluted EPS $0.39; gross margin up 170 bps on lower material and labor costs.
- Generated $130M cash from operations in first nine months; repurchased ~1.5M shares for $44M at avg $28.50.
- Distributed Q3 cash dividend of $0.28 per share; high-ticket tire deferrals and mild weather cited as headwinds.
- Comparable sales down across categories: brakes -1%, maintenance -3%, alignment/shocks -5%, tires -9%, battery flat.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/876427/000119312524014311/0001193125-24-014311-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/876427/000119312524014311/d932788d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-014311

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