NASDAQ$MNRO
Monro Inc · Q2 2026 earnings
Q2 2026 earnings · · Before market open · Investor relations
Briefing
Monro, Inc. announced its second quarter fiscal 2026 financial results, reporting a slight decrease in sales but an increase in net income and adjusted diluted EPS compared to the prior year.
Monro, Inc. reported a 4.1% decrease in sales for the second quarter of fiscal 2026, totaling $288.9 million, primarily due to store closures. However, the company achieved a 1.1% increase in comparable store sales from continuing locations, expanded gross margin by 40 basis points, and saw a 0.3% increase in net income to $5.7 million. Adjusted diluted EPS rose to $0.21 from $0.17 in the prior year.
- Sales for the second quarter of fiscal 2026 decreased by 4.1% to $288.9 million, primarily due to the closure of 145 underperforming stores.
- Comparable store sales from continuing locations increased by 1.1%, marking three consecutive quarters of positive comps.
- Gross margin expanded by 40 basis points to 35.7%, driven by lower occupancy and material costs, despite higher technician labor costs.
- Net income slightly increased by 0.3% to $5.7 million, and adjusted diluted EPS rose to $0.21 from $0.17 in the prior year period.
Headline financials
Revenue & EPS history
Monro · Revenue · Quarterly
$289M
Forward guidance
Monro is not providing specific fiscal 2026 financial guidance at this time but expects to deliver positive comparable store sales and meaningfully higher year-over-year adjusted operating income, despite recent softness in consumer demand.
Tailwinds
- Expects to deliver positive comparable store sales in fiscal 2026.
- Anticipates achieving meaningfully higher year-over-year adjusted operating income.
- Improved inventory management led to a reduction of approximately $11 million in inventory levels.
- Solid gross margin performance with a 40 basis point expansion.
- Prudent operating cost control, reflected in lower store direct costs and good corporate expense control.
Headwinds
- Recent softness in consumer demand, reflected in preliminary October comparable store sales being down 2%.
- No specific fiscal 2026 financial guidance provided at this time.
- The company will provide perspective on expectations during its earnings conference call, indicating some uncertainty.
- The impact of 145 store closures on overall sales volume.
- Potential ongoing challenges from a competitive market and economic conditions.
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 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
| Quarter | Report date | Reaction (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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