Monro Q1 sales fall 4.6% on store closures and weak traffic; swings to operating profit

Filed July 29, 2026 · Period ending July 29, 2026 · ~1 min read

Key Changes

• high

  Q1 sales fell 4.6% to $287.1M, driven by $9.0M lost revenue from 145 prior-year store closures and a 1.7% comp-store decline as consumers deferred tire/brake purchases and traded down to lower-cost alternatives.

  Exhibit 99.1 view on EDGAR →
• high

  Operating income swung to $3.7M (1.3% margin) from a $6.1M loss, but adjusted operating income fell to $2.2M (0.8% margin) from $14.0M (4.7% margin) a year earlier, reflecting underlying sales headwinds and higher marketing spend.

  Exhibit 99.1 view on EDGAR →
• high

  Net loss narrowed to $2.1M ($0.08 per share) from $8.1M ($0.28 per share), but adjusted diluted loss per share was $0.09 versus adjusted earnings of $0.22 in the prior-year quarter.

  Exhibit 99.1 view on EDGAR →