MONRO INC (MNRO) Company Profile

1. Introduction

Monro, Inc. (NASDAQ: MNRO) is an automotive service company founded in 1957 and headquartered in Fairport, New York. The company operates a network of service and tire locations under multiple brand names, providing maintenance, undercar repairs, and tire sales across the United States.

2. Corporate Structure

• Headquarters: Fairport, New York
• Founded: 1957
• Employees: 5,001–10,000 (LinkedIn data)
• Store Network: Over 1,300 locations and approximately 9,000 service bays nationwide (LinkedIn data)
• Major Brands:
  • Monro Auto Service & Tire Centers
  • Mr. Tire Auto Service Centers
  • The Tire Choice & Total Car Care
  • Regional banners acquired since 2000

3. Developments and News

3.1 Stock Market Activity (May 28, 2025)

• Closing Price: $17.72
• Intraday Change: +38.76%
• Volume: 410,470 shares
• Exchange: NASDAQ

3.2 SEC Filings

• Form 8-K (filed May 28, 2025): Items 2.02 (Results of Operations), 8.01 (Other Events), and 9.01 (Financial Statements and Exhibits).
• Schedule 13G (filed May 15, 2025):
  • Cooper Creek Partners Management LLC holds 1,743,858 shares (5.8% of common stock) as of March 31, 2025.
  • Nomura Holdings, Inc. and Nomura Global Financial Products, Inc. hold 1,681,250 shares (5.6%) as of January 17, 2025.

3.3 Corporate and Community Updates

• May 2025: Nick Hawryschuk promoted to Senior Vice President – Operations.
• May 2025: Over 6,000 volunteers participated in the 31st annual United Way Day of Caring in Rochester, New York.
• Holiday 2024: Monro raised $25,000 for Building Homes for Heroes, Inc. to support veterans and first responders.

4. Financial and Strategic Analysis

4.1 Key Market Metrics

Metric	Value
52-week range	$12.20 – $31.49
Market Capitalization	$528.0 M
Price/Earnings (TTM)	27.55
Forward P/E	15.97
Forward Dividend & Yield	1.12 (8.77%)
1-Year Target Estimate	$18.33

4.2 Recent Financial Performance (TTM)

• Revenue: $1.21 B
• Net Income: $18.44 M
• Diluted EPS: $0.64
• Profit Margin: 1.63%
• Return on Assets: 1.96%
• Return on Equity: 3.03%
• Total Cash (mrq): $10.16 M
• Total Debt/Equity (mrq): 82.98%
• Levered Free Cash Flow: $73.31 M

4.3 Strategic Initiatives

• Service Model: Launched appointment-free oil changes alongside scheduled appointments.
• Growth via Acquisitions: More than 30 acquisitions since 2000, adding over 500 stores.
• Market Expansion: Entered West Coast and new regional markets through brand acquisitions.

5. Market Position and Industry Context

• Industry: Vehicle Repair and Maintenance
• Rankings: Second-largest automotive service chain in North America by store count (1,288 locations as of 2021).
• Competitive Landscape: Competes with national and regional tire and auto service providers, benefiting from the scale of a multi-brand network.

6. tl;dr

On May 28, 2025, MNRO shares increased by 38.76% to $17.72. The company filed a Form 8-K covering operational results and other events. Institutional investors Cooper Creek (5.8%) and Nomura (5.6%) reported holdings on May 15. Operational highlights include the promotion of Nick Hawryschuk to SVP – Operations. Analysts' 1-year price target is $18.33, with a forward dividend yield of 8.77%.