Tag Archives: monro

Monro sales, profits drop in third quarter (access required)

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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 sales, earnings down in second quarter (access required)

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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 chief executive resigns (access required)

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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 sales, earnings fall in Q1 (access required)

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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 to close 42 stores, reports Q4 loss (access required)

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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 stock stumbles on Q2 earnings report (access required)

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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 reports record sales, earnings in Q1 (access required)

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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 acquires chain in California (access required)

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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 posts record Q3 sales, beats Street estimates (access required)

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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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Monro reports record second quarter sales and earnings (access required)

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Monro Inc. on Thursday reported record second-quarter sales and earnings, beating Wall Street estimates. The Rochester company also reported two new acquisitions expected to add $17 million in annualized sales. For the second quarter ended Sept. 29, the undercar repair ...

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Monro expands partnership with Amazon (access required)

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Monro Inc., the local automotive undercar repair and tire services dealer, has expanded its collaboration with Amazon.com. Monro will provide tire installation services at more than 330 additional service locations in 10 states across the Eastern U.S., company officials announced ...

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Monro 1st quarter results beat Street estimates; company adds 12 stores (access required)

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Rochester automotive undercar specialist Monro Inc. on Monday reported an increase in fourth-quarter revenue and record year-end sales, beating Street estimates. The company also announced the acquisition of 12 stores and four wholesale locations in the South. Sales for the ...

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