Monro, Inc (MNRO) Tops Q1 EPS by 9c

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Monro, Inc. Announces First Quarter Fiscal 2023 Financial Results

July 27, 2022 7:30 AM EDT

First Quarter Sales Up 2.3% to $349.5 Million First Quarter Comparable Store Sales Increased 2.8% in Retail locations, driven by a 15% Comparable Store Sales Increase in ~300 Small or Underperforming Stores First Quarter Diluted EPS of $.37; Adjusted Diluted EPS1 of $.42 Generated Record Operating Cash Flow of ~$77M Completed Divestiture of Non-Core Wholesale and Tire Distribution Assets for Total Transaction Value of ~$102 Million Repurchased ~414K Shares of Common Stock at an Average Price of $41.60, for a Total of ~$17M Released Second Annual Corporate Responsibility Report,... More