December 9, 2022Comments Off on Monro implements battery, tire initiatives to increase store traffic
Monro now offers free battery checks and, in a departure from the industry standard, is waiving the installation charge for batteries. This applies to batteries either under the hood or in the trunk.
October 27, 2022Comments Off on Monro sales dip as inflation prompts consumers to scale back spending
Sales dipped 5.1 percent to $329.8 million for the Rochester-based company, compared to $347.7 million for the second quarter of the fiscal year that ended on March 26, 2022.
August 22, 2022Comments Off on Monro to issue dividend of 28 cents per share
The dividend, payable on Sept. 6, is up 2 cents from the fourth quarter of the previous fiscal year and back to the level of the third-quarter 2022 dividend.
March 16, 2021Comments Off on Monro taps industry veteran as new leader
Monro Inc. has selected an industry veteran as its next president and CEO. Michael Broderick will take the helm of the automotive undercar repair and tire services provider on April 5. He most recently served as executive vice president of ...
March 10, 2021Comments Off on Monro acquires California-based tire, service centers
Monro Inc. said Wednesday that it has acquired California-based Mountain View Tire & Service Inc. Financial details of the acquisition were not disclosed. The acquisition includes 30 Mountain View Tire & Auto Service retail stores located in the Los Angeles ...
January 31, 2019Comments Off on Monro posts record Q3 sales, beats Street estimates
Monro Inc. on Thursday reported record third-quarter sales, beating Street estimates for the third time in four quarters. For the third quarter ended Dec. 29, the Rochester company posted revenues of $310.1 million, a nearly 9 percent increase over the ...
February 19, 2018Comments Off on Monro declares quarterly cash dividend
Monro Inc., formerly Monro Muffler Brake Inc., on Friday declared a quarterly cash dividend. The quarterly cash dividend of 18 cents per share on Monro common stock will be payable on March 26 to shareholders of record at the close ...
January 30, 2018Comments Off on Monro net income drops 34 percent in third quarter
Shares of Monro Inc. stock dropped more than 12 percent on Tuesday as the company reported a 34 percent decline in net income for the third quarter. For the quarter ended Dec. 23, Monro, formerly Monro Muffler Brake Inc., reported ...
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