NASDAQ$MNRO

Monro Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Monro's second quarter performance was driven by double-digit comparable store sales growth and strength in service categories and tires.

Monro, Inc. reported a strong second quarter with a 20.5% increase in sales to $347.7 million and a comparable store sales increase of 14.8%. Diluted earnings per share were $.62, and the company increased its second quarter dividend to $.26 per share. The company also signed definitive agreements to acquire 17 new stores across Southern California and Iowa.

  • Sales for the second quarter of fiscal year 2022 increased 20.5% to $347.7 million.
  • Comparable store sales increased 14.8% for the quarter.
  • Diluted earnings per share for the second quarter of fiscal 2022 was $.62.
  • The Company signed definitive agreements to acquire 17 new stores across Southern California and Iowa.

Headline financials

Total Revenue

$348M

Previous: $289M+20.5%
EPS (adj)

$0.62

Previous: $0.39+59.0%
Gross margin

37.6%

Previous: 36.2%+3.9%
Capital Expenditures

-$10M

Previous: -$23.6M+57.5%
Free Cash Flow

$92.3M

Previous: $102M-9.6%
Net Income

$21M

Previous: $12.8M+63.4%
Operating Income

$34.5M

Previous: $24.4M+41.2%
Gross Profit

$131M

Previous: $105M+25.0%
Cash & Equivalents

$6.64M

Previous: $81.5M-91.8%
Total Assets

$1.85B

Previous: $1.84B+0.5%
Stock-Based Comp

$1.12M

Previous: $611K+82.8%

Revenue & EPS history

Monro · Revenue · Quarterly

$348M

Q2 2022+20.5%vs Q2 2021
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

Monro will provide perspective on its outlook for the fiscal third quarter during its earnings conference call. The Company is not providing fiscal 2022 guidance at this time.

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 Q2 2022

Historical avgQ2 2022

-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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro