Monro, Inc (MNRO) Reports In-Line Q3 EPS
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Monro, Inc. Announces Third Quarter Fiscal 2023 Financial Results
January 25, 2023 7:30 AM ESTThird Quarter Sales Decreased 1.9% to $335.2 Million, due to the Divestiture of Wholesale Tire and Distribution Assets in First Quarter Fiscal 2023 Third Quarter Comparable Store Sales Increased 5.6%, driven by an ~12% Comparable Store Sales Increase in ~300 Small or Underperforming Stores Third Quarter Diluted EPS of $.41; Adjusted Diluted EPS1 of $.43 Generated Record Cash from Operating Activities of ~$171M in First Nine Months of Fiscal 2023 Repurchased ~584K Shares of Common Stock; Cumulative Share Repurchases of ~2.2M Shares of Common Stock through Third Quarter at an Average Price of ~$44.00 per... More
