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Monro, Inc. — Second Quarter Fiscal 2027 Earnings Summary

Monro, Inc. reported a net loss of $1.6 million for the second quarter of fiscal 2027, a significant decline from the $5.7 million net income recorded in the same period the previous year. Sales for the quarter decreased 1.8% to $283.6 million, driven entirely by a 1.8% drop in comparable store sales as consumers deferred higher-ticket spending. Operating expenses rose to $97.4 million, largely due to $6.1 million in store closing costs and increased labor and marketing expenses, which contributed to a sharp reduction in operating income to $2.6 million. To address liquidity and leverage, the company replaced its prior credit facility with a new $375 million senior secured credit agreement in late October 2026.

Company
MONRO INC
Sector
Consumer Cyclical
Industry
Auto Parts