Trade Monro Inc - MNRO CFD

Monro Muffler Brake Company profile

About Monro Inc

Monro, Inc. is an operator of retail tire and automotive repair stores in the United States. The Company offers replacement tires and tire related services, automotive undercar repair services as well as a range of routine maintenance services, primarily on passenger cars, light trucks and vans. It also provides other products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension and wheel alignment. Its retail tire and automotive repair stores operate primarily under the names Monro Auto Service and Tire Centers, Tire Choice Auto Service Centers, Mr. Tire Auto Service Centers, Car-X Tire & Auto, Tire Warehouse Tires for Less, Ken Towery's Tire & Auto Care, Tire Barn Warehouse, and Free Service Tire & Auto Centers. It has approximately 1,303 Company-operated retail stores located in approximately 32 states and 80 franchised locations in the United States.

Financial summary

BRIEF: For the 39 weeks ended 25 December 2021, Monro Inc revenues increased 26% to $1.03B. Net income applicable to common stockholders increased from $22.2M to $52.6M. Revenues reflect Tires segment increase of 20% to $544.4M, Comparable Store Sales (Growth- %) -Shoc increase from -36 to 40%, Retail Sales-Tires increase of 20% to $544.4M. Net income benefited from Merchandise Margins, Total -% increase of 4% to 36.6%, Interest expense.

Equity composition

Common Stock $.00667 Par, 12/10, 45M auth., 35,949,508 issd.,5,577,984 shs. in Treas. @ $72.1M. Insiders & Strategic holders own 6.19% . PO 7/91, 1,650,000 shares @ $16 by Lehman Bros. 10/07 & 11/03, 3-for-2 stock splits.*NOTE: 12/03 &12/04 Q's = 9 months. 12/10, 3-for-2 stock split.