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Stock impact report

Monro, Inc. Signs a Definitive Agreement to Acquire California-Based Certified Tire & Service Centers, Inc.

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., March 21, 2019 (GLOBE NEWSWIRE) -- Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced that it has signed a definitive agreement to acquire California-based Certified Tire & Service Centers, Inc. The acquisition includes Certified Tire’s 40 retail stores located in San Francisco, San Diego and Los Angeles, California and one distribution center located in Riverside, California. The acquisition represents entry into a new state for Monro and expands the Company’s geographic footprint to the West Coast. Monro will continue to operate all of Certified Tire’s locations. Brett Ponton, President and Chief Executive Officer of Monro said, “We are thrilled to announce this acquisition, which provides us with a strong platform for further expansion into a dynamic and attractive region. The diversification of our geographic footprint in California represents a key milestone in the execution of our growth strategy, Show less Read more
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