NASDAQ$MNRO

Monro Inc · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Monro reported a decrease in net income and diluted EPS, despite an increase in sales, primarily due to higher operating expenses from store closing costs and operational improvement initiatives.

Monro, Inc. announced its first quarter fiscal 2026 financial results, reporting a 2.7% increase in sales to $301.0 million, driven by a 5.7% increase in comparable store sales. However, the company experienced a net loss of $8.1 million and a diluted loss per share of $0.28, primarily due to significant store closing costs and consulting expenses related to its operational improvement plan. Adjusted diluted earnings per share remained flat at $0.22.

  • Sales for the first quarter of fiscal 2026 increased by 2.7% to $301.0 million.
  • Comparable store sales increased by 5.7%, marking two consecutive quarters of positive comps.
  • The company reported a net loss of $8.1 million and a diluted loss per share of $0.28.
  • 145 underperforming stores were closed during the quarter as part of a comprehensive portfolio review.

Headline financials

Total Revenue

$301M

Previous: $293M+2.7%
EPS

-$0.28

Previous: $0.19-247.4%
Comparable Store Sales

5.7%

Previous: -9.9%+157.6%
Gross margin

35.5%

Previous: 37.2%-4.6%
Stores Open

1.1K

Previous: 1.3K-13.2%
OpEx as % of sales

37.5%

Previous: 32.7%+14.7%
Adj. op. income as % of sales

4.7%

Previous: 5.0%-6.0%
Capital Expenditures

-$7.4M

Previous: -$8.88M+16.7%
Free Cash Flow

-$15.5M

Previous: $16.8M-192.2%
Net Income

-$8.05M

Previous: $5.86M-237.3%
Operating Income

-$6.08M

Previous: $13.2M-145.9%
Gross Profit

$107M

Previous: $109M-2.1%
Cash & Equivalents

$7.8M

Previous: $18.7M-58.2%
Total Assets

$1.61B

Previous: $1.71B-6.3%

Revenue & EPS history

Monro · Revenue · Quarterly

$301M

Q1 2026+2.7%vs Q1 2025
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Forward guidance

Monro is not providing specific fiscal 2026 financial guidance at this time but will offer perspective during its earnings conference call. The company anticipates continued comparable store sales growth.

Tailwinds

  • Anticipates continued comparable store sales growth, with preliminary fiscal July comps up 2%.
  • Focus on improving performance in continuing locations through increased merchandising productivity.
  • Driving profitable customer acquisition and activation.
  • Improving store location-based customer experience and selling effectiveness.
  • Progress in ConfiDrive digital courtesy inspection process leading to sales and unit growth in tire and high-margin service categories.

Headwinds

  • Uncertainty related to the financial and operational impact of the comprehensive store portfolio review.
  • Risks associated with product demand and advances in automotive technologies, including EV adoption.
  • Dependence on third parties for inventory and competition within primary markets.
  • Impact of general business, economic, and geopolitical conditions on consumer spending, inflation, and unemployment.
  • Risks related to changes in the U.S. trade environment, including tariffs, and parts supply restraints.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-1.1%

Avg return

Earnings day

-2.0%

Avg return

5 days after

-2.1%

Avg return

30 days after

42%

27 / 64 earnings

Positive

+31.4%

Q4 2025

Best reaction

-20.3%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026
Q3 2026+0.2%-7.0%+7.5%
Q2 2026-16.6%-16.8%+3.5%
Q1 2026-20.3%-11.6%+1.6%
Q4 2025+31.4%+22.2%+14.9%
Q3 2025-7.7%-15.6%-19.1%
Q2 2025+2.3%+3.2%+5.0%
Q1 2025+11.4%+4.5%+4.0%
Q4 2024-9.4%-8.6%-11.0%
Q3 2024+5.3%+6.9%+8.2%
Q2 2024+4.3%+0.9%+18.4%
Q1 2024-6.4%-6.5%-15.1%
Q4 2023-8.8%-11.4%-19.3%
Q3 2023+11.9%+8.3%+12.3%
Q2 2023-6.3%-1.7%-5.0%
Q1 2023+8.7%+10.9%+3.8%
Q4 2022-11.1%-1.0%-8.4%
Q3 2022-12.8%-14.1%-18.8%
Q2 2022+6.2%+7.5%+0.1%
Q1 2022-6.7%-9.5%-12.3%
Q4 2021-3.2%-5.1%-7.4%
Q3 2021+2.1%+8.0%+9.2%
Q2 2021-1.6%-4.3%+10.5%
Q1 2021-5.8%-4.4%-23.6%
Q4 2020-11.2%-11.8%-13.6%
Q3 2020-10.8%-12.4%-20.2%
Q2 2020-14.9%-12.4%-9.4%
Q1 2020+0.7%+3.5%-7.0%
Q4 2019+4.7%+2.3%+8.6%
Q3 2019+1.0%+6.1%+7.7%
Q2 2019+15.2%+14.1%+20.2%
Q1 2019-4.9%+0.3%+4.8%
Q4 2018-7.0%-1.9%+8.0%
Q3 2018-7.1%-9.7%-16.2%
Q2 2018-3.6%-1.2%-3.4%
Q1 2018+14.0%+9.4%+4.5%
Q4 2017+0.7%-2.0%-8.3%
Q3 2017-8.0%-8.8%-4.8%
Q2 2017-3.5%-6.1%-3.4%
Q1 2017-1.2%-3.0%-9.8%
Q4 2016-6.4%
Q3 2016+2.9%
Q2 2016+4.0%
Q1 2016-1.4%
Q4 2015-4.7%
Q3 2015-3.9%
Q2 2015-3.6%
Q1 2015+0.1%
Q4 2014+6.6%
Q3 2014+0.3%
Q2 2014-1.0%
Q1 2014+1.0%
Q4 2013+10.1%
Q3 2013-4.6%
Q2 2013+1.4%
Q1 2013+0.2%
Q4 2010-1.9%
Q4 2012-1.9%
Q3 2012+4.2%
Q3 2011+4.2%
Q2 2012-1.2%
Q4 2011-1.2%
Q1 2012-2.3%
Q2 2011-2.3%
Q1 2011-2.3%

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