Monro, Inc. Announces Second Quarter Fiscal 2026 Financial Results

Monro, Inc. reported its financial results for the second quarter of fiscal 2026, ending September 27, 2025. The company saw a 1.1% increase in comparable store sales, driven by growth in front end/shocks and brakes, while tires and maintenance services remained flat. However, overall sales decreased by 4.1% to $288.9 million, primarily due to the closure of 145 underperforming stores. Gross margin expanded by 40 basis points, benefiting from lower occupancy and material costs, though this was partially offset by higher technician labor costs. Operating income was $12.8 million, or 4.4% of sales, consistent with the prior year. Adjusted diluted earnings per share were $0.21, up from $0.17 in the same period last year. The company generated $30 million in cash from operating activities in the first half of fiscal 2026 and paid a quarterly dividend of $0.28 per share. Monro ended the quarter with 1,116 company-operated stores and 48 franchised locations.