Monro, Inc. Announces Second Quarter Fiscal 2021 Financial Results

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Monro Muffler (MNRO) Tops Q2 EPS by 9c, Revenues Miss

October 28, 2020 7:34 AM EDT

Monro Muffler (NASDAQ: MNRO) reported Q2 EPS of $0.38, $0.09 better than the analyst estimate of $0.29. Revenue for the quarter came in at $288.6 million versus the consensus estimate of $293.72 million.

While the disruption created by the COVID-19 pandemic has continued to weigh on our top-line results in the second quarter and third quarter-to-date, with comparable store sales down approximately 12% in fiscal October, our performance is tracking in-line with key industry indicators. Given the ongoing challenges in the operating environment, we continue to focus on the... More