earnings
confidence high
sentiment negative
materiality 0.80
Monro Inc. reports Q1 fiscal 2025 revenue decline, gross margin improvement, and diluted EPS of $0.19
MONRO, INC.
2025-Q1 EPS reported
$0.19
revenue$293,182,000
- Sales decreased 10.3% to $293.2M for the quarter ended June 29, 2024, compared to $327.0M a year ago.
- Comparable store sales fell 9.9%, with declines across all categories (tires -8%, brakes -13%, front end/shocks -15%).
- Gross margin expanded 220 basis points driven by lower technician labor and material costs as a percentage of sales.
- Diluted EPS was $0.19; adjusted diluted EPS was $0.22; generated $26M in cash from operating activities.
- Distributed a quarterly cash dividend of $0.28 per share and released its fourth annual ESG report.