earnings
confidence high
sentiment neutral
materiality 0.70
Monro Q4 comps down 7.2% adjusted for days; EPS $0.12, declares $0.28 dividend
MONRO, INC.
2024-FY EPS reported
$1.18
revenue$1,276,789,000
- Q4 sales $310.1M (flat YoY); comparable store sales +0.1% reported but -7.2% adjusted for days.
- Gross margin expanded 210 bps on lower labor and material costs; operating income $10.3M vs $6.2M.
- Net income $3.7M ($0.12 diluted EPS) vs $0.4M ($0.01); adjusted EPS $0.21 vs $0.08.
- Board declared $0.28/share quarterly dividend payable June 18, 2024 to holders of record June 4.
- Fiscal 2024 cash from operations $125M; 53-week year with extra $24.4M in Q4 sales.