The new $600 million revolving line of credit amends and extends an existing $600 million credit facility and will be used to refinance debt, fund acquisitions and for general corporate purposes. 

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Monro Inc. on Wednesday reported record first-quarter sales, beating analysts’ estimates. For the first quarter ended June 26, the Rochester-based automotive undercar repair company reported a more than 38 percent increase in revenue to $341.8 million. The company attributed the ...

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Monro Inc. this week reported a fourth-quarter improvement in sales, income and earnings, beating Street estimates. For the quarter ended March 27, the automotive undercar repair and tire services provider posted a 6.8 percent increase in revenue to $305.5 million ...

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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 ...

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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 ...

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Monro Inc. on Wednesday reported a nearly 65 percent drop in third-quarter earnings and a 14 percent drop in sales, driven primarily by significant declines in maintenance and brake services. For the quarter ended Dec. 26, 2020, the Rochester-based undercar ...

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Monro Inc. on Wednesday reported a drop in second-quarter sales and earnings, blaming a reduction in traffic due to COVID-19. For the quarter ended March 27, the Rochester-based automotive undercar repair and tire company reported revenue of $288.6 million, down ...

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Monro Inc. President and CEO Brett Ponton has resigned from the company and its board of directors effective Aug. 19. Ponton will join ServiceMaster Global Holdings Inc. as CEO on or before Oct. 1. Monro Chairman Robert Mellor has been ...

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Monro Inc. on Wednesday reported a 22 percent drop in sales and an 87 percent plunge in earnings in the first quarter. For the quarter ended March 27, the Rochester-based undercar repair and tire service company reported revenues of $247.1 ...

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Monro Inc. on Thursday reported a fourth-quarter sales decline, resulting in a $3.8 million net loss, brought about by a mild winter and the COVID-19 pandemic. For the fourth quarter ended March 30, the Rochester-based undercar care specialist reported sales ...

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Monro Inc. shares sank more than 13 percent on Thursday following the Rochester company’s second-quarter earnings announcement. Company stock (Nasdaq: MNRO) was trading at $70.05 in heavy midday trading, down more than $10 from Wednesday’s close at $80.55. For the ...

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Monro Inc. on Thursday reported record first-quarter sales and earnings, the completion of three acquisitions and announced plans to extend its footprint in Louisiana. For the first quarter ended June 29, the undercar repair company reported a more than 7 ...

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Monro Inc. is planning to renovate and add space to its Holleder Parkway headquarters, a move that is expected to add up to 26 jobs. Empire State Development will provide up to $300,000 in support of the project through the ...

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Monro Inc. on Thursday said it will step out of its established footprint with the acquisition of California-based Certified Tire & Service Centers Inc. Financial details of the transaction were not disclosed. With headquarters in Rochester, the automotive undercar service ...

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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 ...

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