other_material
confidence high
sentiment neutral
materiality 0.55
Monro engages AlixPartners for $5.85M implementation; CEO is AlixPartners partner
MONRO, INC.
- Amendment to consulting agreement; aggregate fee of $5.85M through July 2025 for implementation services.
- Services include store closure plan, customer experience, selling effectiveness, and tariff risk mitigation.
- CEO Peter Fitzsimmons also serves as partner and managing director at AlixPartners.
- Previously disclosed minimum cost for additional services was at least $4.0M.
item 1.01