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Stock impact report

MONRO, INC. PROVIDES BUSINESS UPDATE AMID COVID-19 OUTBREAK

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: GlobeNewswire
ROCHESTER, N.Y., April 02, 2020 (GLOBE NEWSWIRE) -- Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today provided a business update for its fourth quarter ended March 28, 2020 in light of the outbreak of COVID-19. Brett Ponton, President and Chief Executive Officer said, “First and foremost, Monro is focused on the safety and well-being of our teammates, customers and the communities that we serve during this critical period. As our stores remain open to provide essential services during the COVID-19 pandemic, we are focused on the areas of our business within our control, including aligning labor with demand, reinforcing disciplined cost management protocols and leveraging our diversified supply chain. While COVID-19 significantly impacted our fourth quarter financial results, and continues to impact our store operations, we believe our ample liquidity and solid balance sheet position us well to navigate this challenging environment Show less Read more
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