MONRO, INC.
Business
Monro, Inc. operates a nationwide chain of retail tire and automotive repair stores under multiple brand names including Tire Choice Auto Service Centers, Mr. Tire Auto Service Centers, and Car-X Tire & Auto. The company provides replacement tires, tire-related services, undercar repair, brakes, mufflers, exhaust systems, and routine maintenance for passenger cars, light trucks, and vans. Monro operates 1,115 company-operated stores and 46 franchised Car-X locations across 32 states, along with two retread facilities. The company serves approximately 3.8 million vehicles and manages a centralized purchasing system with preferred vendor relationships and direct tire distribution agreements.
Summary from 10-K filed 2026-05-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Sales | 1,157 | 1,195 | 1,277 | 1,325 | 1,359 | |
| Cost of sales, including occupancy costs | 752 | 778 | 825 | 869 | — | |
| Gross profit | 405 | 418 | 452 | 456 | 482 | |
| Operating, selling, general and administrative expenses | 385 | 405 | 381 | 376 | 381 | |
| Operating income | 20 | 13 | 71 | 80 | 101 | |
| Interest expense, net of interest income | 17 | 19 | 20 | 23 | 25 | |
| Other income, net | −304,000 | −446,000 | −460,000 | −593,000 | −618,000 | |
| Income (loss) before income taxes | 3 | −6 | 52 | 57 | 77 | |
| Provision for (benefit from) income taxes | 927,000 | −731,000 | 14 | 18 | 16 | |
| Net income (loss) | 2 | −5 | 38 | 39 | 62 | |
| Changes in pension, net | 506,000 | 30,000 | 664,000 | 379,000 | 125,000 | |
| Other comprehensive income | 506,000 | 30,000 | 664,000 | 379,000 | 125,000 | |
| Comprehensive income (loss) | 3 | −5 | 38 | 39 | 62 | |
| Basic (per share) | 0.03 | −0.22 | 1.18 | 1.2 | 1.82 | |
| Diluted (per share) | 0.03 | −0.22 | 1.18 | 1.2 | 1.81 | |
| Basic (shares) | 30 | 30 | 31 | 32 | 34 | |
| Diluted (shares) | 30 | 30 | 32 | 33 | 34 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-06-30 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 |
|---|---|---|---|---|---|---|
| Cash and equivalents | 15 | — | 21 | 7 | 5 | |
| Accounts receivable | 11 | — | 12 | 12 | 13 | |
| Federal and state income taxes receivable | 4 | — | 4 | — | — | |
| Inventory | 155 | — | 181 | 154 | 147 | |
| Other current assets | 52 | — | 59 | 81 | 93 | |
| Total current assets | 237 | — | 277 | 253 | 258 | |
| Property and equipment, net | 242 | — | 259 | 280 | 305 | |
| Finance lease and financing obligation assets, net | 149 | — | 160 | 181 | 217 | |
| Operating lease assets, net | 176 | — | 182 | 203 | 211 | |
| Goodwill | 736 | — | 736 | 736 | 736 | |
| Intangible assets, net | 8 | — | 10 | 13 | 17 | |
| Assets held for sale | 4 | 13 | — | 7 | — | |
| Other non-current assets | 16 | — | 17 | 19 | 29 | |
| Total assets | 1,568 | — | 1,642 | 1,693 | 1,777 | |
| Current portion of finance leases and financing obligations | 37 | — | 40 | 38 | 40 | |
| Current portion of operating lease liabilities | 40 | — | 40 | 39 | 38 | |
| Accounts payable | 314 | — | 323 | 252 | 262 | |
| Accrued payroll, payroll taxes and other payroll benefits | 22 | — | 24 | 21 | 16 | |
| Accrued insurance | 58 | — | 53 | 56 | 48 | |
| Deferred revenue | 13 | — | 15 | 15 | 15 | |
| Other current liabilities | 34 | — | 31 | 34 | 30 | |
| Total current liabilities | 518 | — | 524 | 455 | 449 | |
| Long-term debt | 60 | — | 61 | 102 | 105 | |
| Long-term finance leases and financing obligations | 193 | — | 221 | 249 | 295 | |
| Long-term operating lease liabilities | 156 | — | 168 | 182 | 191 | |
| Long-term deferred income tax liabilities | 38 | — | 37 | 37 | 30 | |
| Other long-term liabilities | 11 | — | 10 | 11 | 11 | |
| Total liabilities | 977 | — | 1,021 | 1,036 | 1,082 | |
| Commitments and contingencies - Note 14 | — | — | — | — | — | |
| Class C convertible preferred stock | 29,000 | — | 29,000 | 29,000 | 29,000 | |
| Common stock | 401,000 | — | 401,000 | 400,000 | 400,000 | |
| Treasury stock | −250 | — | −250 | −250 | −206 | |
| Additional paid-in capital | 262 | — | 259 | 254 | 251 | |
| Accumulated other comprehensive loss | −3 | — | −3 | −3 | −4 | |
| Retained earnings | 582 | — | 615 | 655 | 654 | |
| Total shareholders' equity | 591 | — | 621 | 657 | 695 | |
| Total liabilities and shareholders' equity | 1,568 | — | 1,642 | 1,693 | 1,777 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 62 | 69 | 72 | 77 | 81 | |
| Share-based compensation expense | 4 | 5 | 4 | 6 | 4 | |
| Gain on disposal of assets, net | −19 | −5 | −1 | — | — | |
| Impairment of long-lived assets | 274,000 | 24 | 2 | 982,000 | 759,000 | |
| Deferred income tax expense | 876,000 | 138,000 | 9 | 4 | 14 | |
| Accounts receivable | 390,000 | −14,000 | 2 | −2 | 527,000 | |
| Inventory | 23 | −27 | −6 | −18 | −2 | |
| Other current assets | 2 | 10 | −7 | −9 | −7 | |
| Other non-current assets | 36 | 40 | 46 | 37 | 31 | |
| Accounts payable | −9 | 71 | −10 | 130 | 20 | |
| Accrued expenses | 5 | −5 | 15 | −3 | −4 | |
| Federal and state income taxes payable | 172,000 | −5 | 339,000 | −2 | 14 | |
| Other long-term liabilities | −38 | −40 | −38 | −37 | −39 | |
| Cash provided by operating activities | 70 | 132 | 125 | 215 | 174 | |
| Capital expenditures | −32 | −26 | −25 | −39 | −28 | |
| Deferred proceeds received from divestiture | 3 | 12 | 21 | 9 | — | |
| Proceeds from the disposal of assets | 27 | 13 | 3 | 7 | 1 | |
| Other | — | — | −25,000 | −256,000 | 122,000 | |
| Cash used for investing activities | −1 | −1 | −2 | 27 | −110 | |
| Proceeds from borrowings on long-term debt | 169 | 205 | 156 | — | — | |
| Principal payments on long-term debt | −171 | −246 | −159 | −71 | — | |
| Principal payments on finance leases and financing obligations | −39 | −40 | −39 | −40 | — | |
| Repurchase of stock | — | — | −44 | −97 | — | |
| Excise tax on repurchase of stock paid | — | −420,000 | — | — | — | |
| Exercise of stock options | — | — | 17,000 | 733,000 | 2 | |
| Dividends paid | −35 | −35 | −36 | −36 | −35 | |
| Deferred financing costs | −477,000 | −670,000 | — | −1 | −497,000 | |
| Cash used for financing activities | −75 | −116 | −122 | −245 | −86 | |
| (Decrease) increase in cash and equivalents | −6 | 14 | 2 | −3 | −22 | |
| Interest paid, net | 16 | 18 | 20 | 23 | 24 | |
| Leased assets obtained (reduced) in exchange for new (reduced) finance lease liabilities | 16 | 16 | −5 | −11 | 9 | |
| Leased assets obtained in exchange for new operating lease liabilities | 30 | 26 | 29 | 30 | 12 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is MONRO, INC.'s CIK number?
MONRO, INC.'s SEC CIK number is 0000876427 (876427). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find MONRO, INC.'s SEC filings?
All of MONRO, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did MONRO, INC. last report earnings?
MONRO, INC. (MNRO) most recently filed an earnings 8-K with the SEC on May 27, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-240509). This is MONRO, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is MONRO, INC.'s most recent earnings 8-K?
MONRO, INC.'s latest earnings 8-K (Item 2.02) was filed May 27, 2026 under accession 0001193125-26-240509. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View MONRO, INC.'s latest earnings 8-K →
Look up any company's CIK number →