Monro Inc. is limiting its store hours and enhancing daily cleaning procedures due to the threats posed by the coronavirus.
Though Monro Inc. leaders told investors many times they didn’t want to talk about the weather, the company’s latest quarterly results are undeniably affected by a snowfall shortage. The good news is, Monro has a plan to beat Mother Nature.
Monro will release its fiscal 2020 third quarter earnings on Jan. 30, 2020.
After six straight quarters of same-store sales growth, Monro Inc. says sales at existing stores were flat during the second quarter of fiscal year 2020. Overall sales did increase 5.5% in the period, but that was all due to sales from new stores.
Monro Inc. will report its second quarter fiscal 2020 earnings on Oct. 24, 2019.
Monro Inc. has hired Robert Rajkowski to serve as the company's chief operating officer. He will oversee store operations.
For the past 18 months same-store sales have grown at Monro Inc., the nation’s third-largest independent tire dealer. And the results so far in July indicate the company could be on track to extend the streak for another quarter.
Two Monro Inc. executives will present at the upcoming 19th Annual Oppenheimer Consumer Growth and E-Commerce Conference in Boston, Mass.
A shorter selling period and drop in tire sales may have sullied the fourth quarter of fiscal 2019 for Monro Inc., but the company still recorded a 6.4% increase in sales for the full year — and crossed the $1.2 billion threshold.
Amazon has added more than 400 Monro Inc. locations in nine states to its brick and mortar tire installation network.That more than doubles the number of service locations involved in the collaboration between Amazon and Monro.
As tire dealers all over the country work to adapt to the pressures of online tire sales, the looming question about Amazon.com Inc. in the market is price.
Monro Inc. will report its fourth quarter and fiscal 2019 earnings on May 21, 2019.
The $600 million credit line Monro Inc. has with eight banks has been amended, and it gives the tire dealer and auto service provider access to an additional $150 million.
The veil has been lifted from a previously disclosed acquisition by Monro Inc. in Louisiana.
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