Monro, Inc. Announces First Quarter Fiscal 2021 Financial Results
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Monro Muffler (MNRO) Tops Q1 EPS by 36c, Revenues Beat
July 29, 2020 7:36 AM EDTMonro Muffler (NASDAQ: MNRO) reported Q1 EPS of $0.15, $0.36 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $247.06 million versus the consensus estimate of $246.9 million.
Our first quarter performance demonstrates solid execution despite the unprecedented challenges related to the COVID-19 pandemic, and I would like to thank all of our Monro teammates for their hard work and dedication to safely serving our customers. In-line with our expectations, April represented a low point in our sales performance, with May and June improving sequentially as government restrictions gradually abated through the quarter.... More
