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Monro Muffler Brake (MNRO)
NASDAQ:MNRO
Earnings Data
Report Date
May 15, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.03Last Year’s EPS
0.21Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 29, 2025
|% Change Since: -12.72%
|Next Earnings Date:May 15, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture, with notable improvements in comparable store sales and service category growth, supported by the success of digital initiatives. However, these were offset by declines in overall sales, operating income, and gross margin, compounded by January's weather-related challenges.Company Guidance
During the earnings call for Monro, Inc.'s third quarter of fiscal 2025, the company shared several key metrics and guidance for future performance. Comparable store sales showed a sequential improvement, with a 500 basis point increase from the second quarter, returning to growth in December with a 1% increase. Despite a year-over-year sales decline of 3.7%, driven by a 1.9% decrease in comparable store sales, the company achieved low single-digit growth in tire units during December. Gross margin decreased by 120 basis points due to a mix shift in tire sales and increased promotions, while operating expenses rose to 31% of sales from 28.7% in the prior year. The company reported net income of $4.6 million, down from $12.2 million, with diluted earnings per share at $0.15. Looking ahead, Monro aims to leverage initiatives like the ConfiDrive Digital Courtesy Inspection Process to improve service category sales and expects to generate at least $120 million in operating cash flow for the fiscal year. Despite near-term margin pressures, the company is focused on driving sales and customer growth, targeting a return to pre-COVID gross margin levels with double-digit operating margins in the long term.Sequential Improvement in Comparable Store Sales
Year-over-year comparable store sales percentage change improved by 500 basis points sequentially from the second quarter of fiscal 2025, with positive growth in December.
Growth in Tire and Service Categories
Tire units were up low-single-digits in the third quarter, driven by mid-single-digit growth in December. Service categories like batteries, alignment, and front-end shocks saw year-over-year growth.
Strong Cash Flow and Financial Position
Generated $103 million in cash from operations in the first nine months of fiscal 2025, with an AP to inventory ratio improvement to 179% and total liquidity of $521 million.
Digital Courtesy Inspection Success
The ConfiDrive Digital Courtesy Inspection Process drove improvement in service category sales, particularly in batteries and alignments.
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MNRO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MNRO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 29, 2025 | $22.01 | $20.30 | -7.77% |
| Oct 30, 2024 | $26.52 | $27.46 | +3.54% |
| Jul 31, 2024 | $25.52 | $30.20 | +18.34% |
| May 23, 2024 | $25.15 | $22.18 | -11.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Monro Muffler Brake (MNRO) report earnings?
Monro Muffler Brake (MNRO) is schdueled to report earning on May 15, 2025, TBA Not Confirmed.
What is Monro Muffler Brake (MNRO) earnings time?
Monro Muffler Brake (MNRO) earnings time is at May 15, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MNRO EPS forecast?
MNRO EPS forecast for the fiscal quarter 2025 (Q4) is 0.03.
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