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Stock impact report

Monro, Inc. Announces Fourth Quarter and Fiscal 2024 Financial Results

Monro, Inc. (MNRO) 
Last monro, inc. earnings: 1/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: monro.com/corporate/corporate-investor-info
Company Research Source: Business Wire
Fourth Quarter Comparable Store Sales Increased 0.1% on a Reported BasisFourth Quarter Gross Margin Expanded 210 Basis PointsGenerated Cash from Operating Activities of $125 Million during Fiscal 2024Approved First Quarter Fiscal 2025 Cash Dividend of $.28 per Share ROCHESTER, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its fourth quarter and fiscal year ended March 30, 2024.Fourth Quarter ResultsSales for the fourth quarter of the fiscal year ended March 30, 2024 (“fiscal 2024”) decreased 0.2% to $310.1 million, as compared to $310.8 million for the fourth quarter of the fiscal year ended March 25, 2023 (“fiscal 2023”). Fiscal 2024 was a 53-week year with 368 selling days as compared to 361 selling days in fiscal 2023, and therefore included $24.4 million for an extra week of sales in the fourth quarter. Comparable store sales increased 0.1% on a reported basis and decr Show less Read more
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