Highest-materiality recent filing
Monro initiates strategic alternatives review; Q4 sales down 7.2%, operating loss narrows
Board to evaluate asset sales, refinancing, acquisitions, or sale of Company; no definitive timeline.
Monro declares $0.28 quarterly dividend payable March 10, 2026
Quarterly cash dividend of $0.28 per share declared for Q4 FY2026 ending March 28, 2026.
Monro Q3 sales down 4% to $293.4M; comp store sales up 1.2%, EPS $0.35, adj EPS $0.16
Revenue $293.4M, down 4.0% YoY; comparable store sales up 1.2% (adjusted for days down 0.8%).
Monro signs CEO Peter Fitzsimmons to 3-year contract; appoints to Board
Fitzsimmons now permanent CEO under 3-year contract; prior AlixPartners engagement cost Monro ~$18.5M through Nov 2025.
Monro declares $0.28 quarterly dividend for Q3 FY2026
Board declared a quarterly cash dividend of $0.28 per share for the third quarter of fiscal 2026.
Monro extends AlixPartners consulting agreement through Dec 27, 2025 for $2.2M
Amendment extends AlixPartners engagement to December 27, 2025 for next phase of operational improvement plan.
Monro, Inc. adopts one-year poison pill after Icahn's ~17% stake; trigger at 17.5%
Icahn Enterprises L.P. accumulated ~17% beneficial ownership of Monro common stock, prompting the rights plan.
Monro Q2: sales down 4.1% to $288.9M, comp store sales up 1.1%, EPS $0.18 ($0.21 adj)
Sales decreased 4.1% to $288.9M from $301.4M YoY due to closure of 145 underperforming stores in Q1.
Monro extends AlixPartners consulting engagement to Nov 2025, pays $6.4M fee
Extended AlixPartners engagement to November 1, 2025 for next phase of operational improvement plan.
Monro declares $0.28 dividend, approves stock plan amendment, enters severance with SVP
Dividend of $0.28 per share declared, payable Sept 9 to holders of record Aug 26, 2025.
Q1 revenue $301.0M (+2.7% YoY); comparable store sales +5.7% (prior year -9.9%).
Monro releases FY2025 ESG report highlighting ConfiDrive rollout and LED lighting goals
Completed company-wide rollout of ConfiDrive digital courtesy performance review, improving service transparency.
Monro engages AlixPartners for $5.85M implementation; CEO is AlixPartners partner
Amendment to consulting agreement; aggregate fee of $5.85M through July 2025 for implementation services.
Monro Q4 net loss $21.3M; comparable store sales up 2.8% adj; to close 145 stores in Q1 FY2026
Net loss $21.3M ($0.72 diluted loss per share); adjusted diluted loss $0.09 per share.
Monro director Michael T. Broderick resigns from board effective March 31, 2025
Michael T. Broderick resigned from the board of directors on March 31, 2025.
Monro appoints AlixPartners' Peter Fitzsimmons as CEO; Michael Broderick departs
Board terminated Michael T. Broderick as President/CEO effective March 27, 2025; he receives termination without cause compensation.
Monro amends tire distribution deal with ATD; receives $6.95M earnout payments
ATD pays Monro $3,474,043 on Feb 21, 2025 and another $3,474,043 by June 25, 2025 to satisfy earnout.
Monro declares $0.28 quarterly dividend payable March 11, 2025
Dividend of $0.28 per share declared on February 14, 2025.
Monro promotes Nick Hawryschuk to Senior Vice President – Operations
Hawryschuk, 42, previously VP – Finance and Operations, will oversee retail/commercial ops and report to CEO Mike Broderick.
Net sales fell 3.7% to $305.8M; comparable store sales down 0.8% (adj. for days) vs down 5.8% in Q2, a sequential improvement.
Monro declares $0.28 quarterly dividend payable Dec 17 to holders of record Dec 3
Quarterly cash dividend of $0.28 per share declared by Board of Directors.
Monro Q2 fiscal 2025 revenue falls 6.4% to $301.4M; EPS drops to $0.18 from $0.40
Comparable store sales down 5.8% vs -2.3% last year; sequential 410 bps improvement from Q1.
Monro declares $0.28 quarterly dividend payable Sept 10, 2024
Quarterly cash dividend of $0.28 per common share declared for Q2 of FY2025.
Monro Q1 sales fall 10.3% to $293.2M; comparable store sales down 9.9%
Sales $293.2M vs $327.0M prior year; comp sales -9.9% vs +0.5%.
Sales decreased 10.3% to $293.2M for the quarter ended June 29, 2024, compared to $327.0M a year ago.
Monro publishes fourth annual ESG report with materiality analysis, LED lighting target
Completed first ESG materiality analysis engaging investors, Board, and store/management leaders.
Monro Q4 comps down 7.2% adjusted for days; EPS $0.12, declares $0.28 dividend
Q4 sales $310.1M (flat YoY); comparable store sales +0.1% reported but -7.2% adjusted for days.
Monro CHRO Matt Henson to depart March 30, 2024; severance includes 12-month salary
Matt Henson, Chief Human Resources Officer, leaving effective March 30, 2024 (end of fiscal year).
Monro appoints Thomas B. Okray, former Eaton CFO, to Board of Directors
Thomas B. Okray appointed to Monro's Board, effective Feb. 15, 2024; will serve on Executive Committee.
Monro declares $0.28 quarterly dividend payable March 22
Quarterly cash dividend of $0.28 per share declared by Board of Directors.
Monro Q3 FY2024 sales down 5.2% to $317.7M; comps fall 6.1%, EPS $0.38
Revenue $317.7M vs $335.2M YoY; comparable store sales decreased 6.1% (prior year +5.6%).
Monro declares $0.28 quarterly cash dividend payable Dec 19, 2023
Dividend of $0.28 per share declared for Q3 of fiscal year ending Dec 23, 2023.
Monro enters exclusive supply agreement with Valvoline through Oct 2026
Exclusive supplier for motor oils, greases, lubricants at Monro retail locations.
Monro Q2 sales down 2.3% to $322.1M; diluted EPS $0.40; comps -2.3%
Q2 sales $322.1M, down 2.3% YoY; comparable store sales -2.3%
Monro shareholders approve board declassification and Class C preferred stock conversion amendments
Board declassification amendment filed Aug 17, 2023; directors will stand for one-year terms starting 2024 meeting, fully declassified by 2025.
Monro Q1 FY2024 sales down 6.5% to $327M; comp store sales +0.5%; adj. EPS $0.31
Diluted EPS $0.28; adjusted diluted EPS $0.31.
Monro amends EVP Matt Henson's bonus to 30/60/90% of base salary, retroactive to May 2022
Amendment effective May 11, 2022, aligns Henson's bonus with other EVP-level executives.
Monro publishes third annual ESG report for fiscal year 2023
Enhanced teammate experience through digitized workflows, new safety program, and increased new hire training.
Monro Q4 sales $310.8M, GAAP EPS $0.01, adjusted $0.08; comp sales +4.5%
Q4 sales $310.8M, down 5.2% due to wholesale divestiture; comparable store sales +4.5%.
Monro agrees to eliminate Class C Preferred Stock; board declassification plan
Conversion rate adjusted to 61.275 common shares per preferred share (from 23.389), eliminating Class C stock over ~3-year sunset.
In connection with his departure from Monro, Inc. (the “Company”), on March 31, 2025, Michael T. Broderick resigned from the Company’s board of directors.
On March 27, 2025, the Board terminated Michael T. Broderick from his positions as President and Chief Executive Officer of the Company effective immediately.
On March 28, 2025, the Board of Directors (“Board”) of Monro, Inc. (the “Company”) appointed Peter Fitzsimmons to serve as the President and Chief Executive Officer of the Company effective immediately.
On February 5, 2025, the Board of Directors (“Board”) of Monro, Inc. (the “Company”) appointed Nick Hawryschuk to serve as the Senior Vice President – Operations (“SVP - Operations”) of the Company effective as of February 5, 2025.
On February 27, 2024, Matt Henson, the Chief Human Resources Officer of Monro, Inc. (the “Company”) and the Company agreed that he would leave his position, effective as of March 30, 2024, the end of the Company’s fiscal year (“fiscal 2024”).
On February 15, 2024, the Board of Directors (“Board”) of Monro, Inc. (the “Company”) increased the size of its Board from eight to nine and appointed Thomas B. Okray to the Board.
Max materiality 0.85 · Median 0.57 · Most common event earnings