secwatch.observer — SEC 8-K summary
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Issuer:     MONRO, INC. (MNRO)
CIK:        0000876427
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001193125-24-189498
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Monro Inc. reports Q1 fiscal 2025 revenue decline, gross margin improvement, and diluted EPS of $0.19
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/876427/000119312524189498/0001193125-24-189498-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/876427/000119312524189498/d284523d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-189498

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