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Monro Muffler Brake (NASDAQ:MNRO) releases earnings results. July 29, 2026 Key points. * Monro reported a weak quarter: adjusted EPS was a $0.09 loss, missing the $0.04 consensus estimate, while revenue fell 4.6% year over year to $287.1 million and comparable-store sales declined 1.7%. * Management maintained its fiscal 2027 outlook for comparable-store sales growth and stable gross margins, citing market-share gains in tires, stronger battery sales, and operational improvement initiatives despite higher marketing costs. * Financial and market pressures remain significant: operating cash flow was negative $30 million, debt stood at $99 million, the strategic review is ongoing, and shares fell 18.2% to $14.07 amid predominantly negative analyst ratings. * MarketBeat previews the top five stocks to own by August 1st. Monro Muffler Brake (NASDAQ:MNRO - Get Free Report) posted its quarterly earnings results on Wednesday. The auto parts company reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.13), FiscalAI reports. Monro Muffler Brake had a return on equity of 2.33% and a net margin of 0.19%.The company's revenue was down 4.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.22 EPS. Here are the key takeaways from Monro Muffler Brake's conference call: * First-quarter performance was weak: comparable-store sales fell 1.7% and total sales declined 4.6% to $287.1 million, while adjusted diluted EPS was a loss of $0.09 versus earnings of $0.22 a year ago. High gas, food, and healthcare costs pressured traffic and led customers to defer higher-ticket tire and brake purchases. * Tire unit volume was flat despite industry weakness, which management believes reflects market-share gains supported by a revised assortment, stronger digital and CRM marketing, and expanded lower-priced tire offerings. Battery comparable sales rose 8%, while average repair orders benefited from improvements in inspections and higher-margin services. * Management reported progress in its operational improvement initiatives, including the ConfiDrive inspection process and a district-manager toolkit expanded from roughly 150 to 340 underperforming stores. The company expects these efforts to improve store profitability and support positive comparable-store sales for fiscal 2027. * Monro maintained its expectation for full-year fiscal 2027 comparable-store sales growth and gross margin roughly in line with fiscal 2026, but expects higher SG&A from continued marketing investment. Capital expenditures are projected at $25 million to $35 million. * Cash used in operating activities was $30 million, and the accounts-payable-to-inventory ratio declined to 185%; net bank debt stood at $99 million. Although management said the working-capital outflow was largely timing-related and expects to fund the dividend, dividend decisions remain subject to quarterly reviews of cash flow, performance, and debt covenants. * The board's strategic review remains active and includes potential asset sales, refinancing, acquisitions, operational improvements, or a sale of the company, but there is no deadline or assurance that a transaction will result. Monro Muffler Brake stock down 18.2%. Monro Muffler Brake stock traded down $3.12 during trading on Wednesday, reaching $14.07. The stock had a trading volume of 1,616,725 shares, compared to its average volume of 931,124. The company has a quick ratio of 0.16, a current ratio of 0.46 and a debt-to-equity ratio of 0.43. Monro Muffler Brake has a 52-week low of $12.26 and a 52-week high of $23.91. The stock has a market cap of $439.80 million, a PE ratio of 702.75, a P/E/G ratio of 3.89 and a beta of 1.01. The business has a 50 day moving average price of $16.34 and a 200 day moving average price of $17.75. Monro Muffler Brake dividend announcement. The company also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date was Tuesday, June 2nd. Monro Muffler Brake's dividend payout ratio is presently 5,600.00%. Institutional inflows and outflows. A number of hedge funds have recently made changes to their positions in MNRO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Monro Muffler Brake by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,775 shares of the auto parts company's stock valued at $257,000 after acquiring an additional 780 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Monro Muffler Brake by 139.8% during the first quarter. Royal Bank of Canada now owns 27,904 shares of the auto parts company's stock worth $404,000 after purchasing an additional 16,268 shares during the last quarter. Jones Financial Companies Lllp acquired a new stake in shares of Monro Muffler Brake during the first quarter worth about $559,000. Jane Street Group LLC increased its position in shares of Monro Muffler Brake by 85.2% during the first quarter. Jane Street Group LLC now owns 79,839 shares of the auto parts company's stock worth $1,155,000 after purchasing an additional 36,734 shares in the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of Monro Muffler Brake by 5.6% in the 1st quarter. Empowered Funds LLC now owns 141,635 shares of the auto parts company's stock valued at $2,049,000 after purchasing an additional 7,464 shares during the last quarter. Analyst upgrades and downgrades. Several equities research analysts recently issued reports on MNRO shares. Weiss Ratings upgraded shares of Monro Muffler Brake from a "sell (d)" rating to a "sell (d+)" rating in a research report on Thursday, May 28th. Wells Fargo & Company dropped their price target on shares of Monro Muffler Brake from $20.00 to $16.00 and set an "equal weight" rating for the company in a research note on Thursday, June 11th. Wall Street Zen downgraded shares of Monro Muffler Brake from a "hold" rating to a "sell" rating in a report on Saturday, May 30th. Finally, Zacks Research lowered shares of Monro Muffler Brake from a "hold" rating to a "strong sell" rating in a research report on Monday, June 29th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Monro Muffler Brake has a consensus rating of "Reduce" and a consensus target price of $28.00. Monro Muffler Brake company profile. Monro Muffler Brake NASDAQ: MNRO is a leading provider of undercar repair and maintenance services for light vehicles in the United States. The company's core offerings include brake systems, exhaust systems, steering and suspension repairs, tire sales and service, oil and lube changes, wheel alignment, multi-point inspections, and state vehicle inspections. Monro serves both retail customers and fleet accounts, focusing on fast, reliable service and preventive maintenance to help extend vehicle life and safety. Headquartered in Rochester, New York, Monro was originally founded in 1957 and has grown through a combination of organic expansion and strategic acquisitions. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. 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Monro Muffler Brake Q1 earnings call highlights. July 29, 2026 Key points. * Fiscal first-quarter sales fell 4.6% to $287.1 million, driven by the closure of 145 underperforming stores and a 1.7% decline in comparable-store sales. Lower traffic and consumer deferrals of higher-cost tire and brake repairs outweighed a 4% increase in average repair orders. * Operating income improved to $3.7 million from a $6.1 million loss, while the net loss narrowed to $2.1 million, or $0.08 per share. However, cash flow was pressured by working-capital timing, with $30 million used in operating activities. * Monro expects comparable-store sales growth in fiscal 2027 while maintaining gross margins and increasing marketing investment. The company is also reviewing strategic alternatives, including asset sales, refinancing, acquisitions, operational changes or a potential sale, with no guaranteed outcome or timeline. * MarketBeat previews top five stocks to own in August. Monro Muffler Brake NASDAQ: MNRO reported a fiscal first-quarter sales decline as lower customer traffic and consumer caution around higher-ticket repairs weighed on results, though management said its marketing, store operations and merchandising initiatives continued to advance. Sales fell 4.6% to $287.1 million in the quarter, Chief Financial Officer Brian D'Ambrosia said. The decrease reflected a $9 million sales impact from the closure of 145 underperforming stores in the first quarter of fiscal 2026, along with a 1.7% decline in comparable-store sales at continuing locations. Comparable sales rose 1% in April before declining 2% in May and 3% in June. Preliminary July comparable sales were down approximately 1%, according to President and Chief Executive Officer Peter Fitzsimmons. "This was an undeniably difficult fiscal first quarter for Monro," Fitzsimmons said, citing geopolitical tensions in the Middle East, higher oil prices and resulting pressure on customer spending and traffic across the company's store network. Traffic pressure offset by higher average repair orders. Management said the quarterly comparable-sales decline was driven by lower traffic, while customers deferred more expensive purchases such as tires and brakes and shifted toward lower-cost tire choices. D'Ambrosia said average ticket increased about 4%, while traffic declined by the mid-single digits. Tire-category sales declined 1%, but tire unit volume was flat year over year. Fitzsimmons said the company believes it gained share in tier-one tires and in its overall tire category, supported by promotional activity and the addition of an opening-price-point tire option in tier four. Monro also reported year-over-year comparable-store sales growth in batteries, alignments and front-end shops. Battery comparable sales rose 8% during the quarter, which management attributed to improvements in store stocking programs, front-of-shop presentations and the use of its ConfiDrive vehicle-inspection process. Fitzsimmons said ConfiDrive, which provides customers with visual documentation of vehicle needs, has helped improve customer understanding and support average repair-order growth. The company also expanded a district-manager toolkit to roughly 340 locations from an initial 150 underperforming stores. The broader program now targets overall store-profit improvement opportunities rather than focusing only on gross margins. Marketing investment continues despite sales headwinds. Management said it maintained marketing investment during the quarter, even as sales weakened. Marketing costs increased $4.9 million year over year, while the company continued to refine its use of customer relationship management tools, artificial intelligence and machine learning to tailor customer outreach, timing and promotional offers. Discover more Stock Market News investment The company increased use of pay-per-click advertising in markets where it identified customers with in-market demand for its products and services. Fitzsimmons said the combination of digital advertising targeted at new customer acquisition and CRM offers directed to existing customers helped support tire performance. He cited South Florida as an example, where additional pay-per-click spending and changes to pricing offers for certain oil products led to a significant increase in units. Management said it is using the data generated by its marketing efforts to direct spending toward regions where it sees the greatest potential benefit. Fitzsimmons said elevated gas, food and health-care costs have pressured some consumers' budgets. In response, customers have bought fewer tires per transaction and have become more selective among tire options in tiers two through four, he said. He added that the company has seen some evidence of a shift back toward higher-tier tire purchases in recent months, which could support tire margins if it continues. Margins, earnings and cash flow. Gross margin declined 50 basis points from the prior-year period. D'Ambrosia said occupancy costs increased by roughly 90 basis points as a percentage of sales because of lower comparable sales, partially offset by a 40-basis-point improvement in technician labor costs. Material costs were flat year over year. Total operating expenses fell to $96.7 million, or 33.7% of sales, from $113 million, or 37.5% of sales, a year earlier. The decline included lower store-closing costs, reduced expenses from previously closed stores and lower consulting costs related to the operational improvement plan. Those savings were partly offset by higher marketing and continuing-store costs, primarily front-shop labor. Operating income was $3.7 million, compared with an operating loss of $6.1 million a year earlier. Adjusted operating income, a non-GAAP measure, was $2.2 million, compared with $14 million in the prior-year quarter. Net loss narrowed to $2.1 million, or $0.08 per diluted share, from a net loss of $8.1 million, or $0.28 per diluted share, a year earlier. Cash used in operating activities was $30 million, largely due to the timing of payments that made accounts payable and accrued expenses a use of cash during the quarter. Capital expenditures totaled $8 million, principal payments on financing leases were $9 million, and dividends paid totaled $9 million. At quarter-end, Monro had net bank debt of $99 million, about $261 million of availability under its credit facility, and approximately $10 million in cash and equivalents. The company exited six leases and sold four owned closed-store locations during the quarter, generating cumulative proceeds of $3 million. It said 37 closed stores remained with potential for monetization over the next several quarters. Fiscal 2027 outlook and strategic review. For fiscal 2027, Monro expects year-over-year comparable-store sales growth, primarily driven by its performance-improvement initiatives. It expects full-year gross margin to be consistent with fiscal 2026, reflecting continued cost inflation, and expects higher selling, general and administrative expenses as it invests in marketing. Capital expenditures are expected to be between $25 million and $35 million. The company also continues to review strategic alternatives with Bank of America and Solomon Partners as financial advisers and legal advisers. Fitzsimmons said the review includes potential asset sales, refinancing, strategic acquisitions, operational improvements or a sale of the company. He said there is no deadline or definitive timeline for the process and no assurance it will result in a transaction or other outcome. About Monro Muffler Brake (NASDAQ:MNRO). Monro Muffler Brake NASDAQ: MNRO is a leading provider of undercar repair and maintenance services for light vehicles in the United States. The company's core offerings include brake systems, exhaust systems, steering and suspension repairs, tire sales and service, oil and lube changes, wheel alignment, multi-point inspections, and state vehicle inspections. Monro serves both retail customers and fleet accounts, focusing on fast, reliable service and preventive maintenance to help extend vehicle life and safety. Headquartered in Rochester, New York, Monro was originally founded in 1957 and has grown through a combination of organic expansion and strategic acquisitions. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Monro Muffler Brake, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Monro Muffler Brake wasn't on the list. While Monro Muffler Brake currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys. 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Monro reports flat tire volume. Monro Inc.'s sales during its first quarter declined 4.6% to $287.1 million. July 29, 2026 Key highlights. * Monro's sales declined 4.6% to $287.1 million in Q1, mainly due to store closures and lower store traffic. * The company maintained marketing investments despite headwinds. * CEO Peter Fitzsimmons remains optimistic about future performance as consumer spending stabilizes. Monro Inc.'s sales during its first quarter declined 4.6% to $287.1 million. The drop was driven "by a reduction in sales of $9.0 million from the closure of 145 underperforming stores in the first quarter of fiscal 2026, as well as a 1.7% decrease in comparable store sales from continuing store locations," according to Monro officials/ "Comparable store sales increased 8% for batteries and 1% for front end/shocks and alignments compared to the prior year period. Comparable store sales decreased 1% for tires and brakes and 5% for maintenance services compared to the prior year period. "Gross margin decreased 50 basis points compared to the prior year period, primarily from higher occupancy costs as a percentage of sales, which were partially offset by lower technician labor costs as a percentage of sales." Monro's operating income during its first quarter totaled $3.7 million versus an operating loss of $6.1 million during the prior-year period. "Net loss for the first quarter of fiscal 2027 was $2.1 million, as compared to a net loss of $8.1 million in the same period of the prior year," say Monro officials. CEO comments. "Our first quarter comparable store sales declined 1.7%, reflecting an operating environment, which continued to challenge the full-service auto aftermarket," says Peter Fitzsimmons, Monro's CEO and president. "This was driven by lower store traffic, as well as consumers that continued to defer higher-ticket spending decisions in tires and brakes and traded-down to lower-cost alternatives in its tire category. "However, and importantly, Modern Tire Dealer were able to hold its tire unit volumes flat and Modern Tire Dealer believe this allowed Modern Tire Dealer to take market share, both in its tier- one tires, as well as in its overall tire category in the quarter. Modern Tire Dealer believe that this is a direct result of its promotional effectiveness and the timely expansion of its tier four tire offerings, which allowed Modern Tire Dealer to meet the needs of its customers across the price spectrum. "The effectiveness of our ConfiDrive courtesy inspection process helped us drive average repair order growth in the quarter," he adds. "This was driven by meaningful improvements in certain of its higher-margin service categories, including batteries, alignments and front/end shocks. "This performance reinforces that Modern Tire Dealer continue to deliver genuine value to its full-service customers, even in a difficult spending environment. Importantly, Modern Tire Dealer maintained its marketing investment during the quarter, despite the sales headwinds Modern Tire Dealer faced. "While we're not satisfied with our results, we remain confident that the operational progress we've made is building a foundation for improved performance as consumer spending stabilizes." Monro is one of the five largest tire dealerships in the U.S., according to the 2026 MTD 100. Watch the best in vehicle service & repair. Join over 167k other industry experts in subscribing