Monro Reports Most Florida Tire Choice Locations Remain Open
Six of Monro Tire’s Tire Choice Auto Service Center locations in Florida are closed after Hurricane Ian. The remaining 102 stores are fully operational and available to help residents impacted by the hurricane. “We are profoundly thankful that our teammates in the path of Hurricane Ian are accounted for and safe,” says Michael T. Broderick,
Monroe Introduces New Monroe Intelligent Suspension RideSense
Monroe shocks and struts has launched new Monroe Intelligent Suspension RideSense products in North America. Designed specifically for luxury European vehicles equipped with electronic suspensions, Monroe says Intelligent Suspension RideSense is engineered as a direct replacement for OE electronic units, matching their design for a “plug and play” installation while offering a customizable driving experience,
Monro CEO Credits ‘Operational Improvements’ for Sales Boost
Monro, Inc. announced financial results for its first quarter, ending June 25, 2022, and reported that sales increased 2.3% to $349.5 million, as compared to $341.8 million for the first quarter of the fiscal year ending March 26, 2022. During the first quarter of fiscal 2023, the company opened three stores and closed four stores.
Monro, Inc. Publishes 2022 Responsibility Report
Monro, Inc. has released its second annual Corporate Responsibility Report, “Responsibility Drives Monro.Forward.” The report covers Monro’s environmental, social, and governance (ESG) efforts for fiscal year 2022. Monro says the report highlights the actions it is taking every day to care for its teammates and guests to make a positive impact on the communities where
Monro, Inc. Completes Sale of Tires Now Assets to ATD
Monro, Inc. has completed the previously-announced sale of its wholesale tire and distribution assets to American Tire Distributors. Monro’s wholesale tire locations, operating as Tires Now, included seven facilities in Kentucky, North Carolina, South Carolina, and Tennessee which serviced more than 3,500 wholesale customer locations annually. ATD is one of the largest independent suppliers of
ATD to Acquire Monro, Inc.’s Tires Now Distribution Assets
American Tire Distributors (ATD) and Monro, Inc. have entered into a definitive agreement pursuant to which ATD will acquire Monro’s wholesale tire distribution assets, operating under the Tires Now name. Tires Now operates seven facilities across the Southeastern United States, servicing more than 3,500 wholesale customer locations annually. In addition to servicing these wholesale customers,
Monro, Inc. Announces Q3 Fiscal 2022 Financial Results
Monro, Inc. announced its third-quarter financial results this week, reporting a 20% increase in sales from $341.8 million compared to $284.6 million for the third quarter of the fiscal year ended March 27, 2021. Growth in the company’s third quarter, which ended December 25, 2021, was attributed to Monro’s strong cash flow, its teammates, and
Monro, Inc. Announces Q1 2022 Financial Results
First quarter sales were up 38.4% for a record of $341.8 million, says Monro.
Monro Appoints Matt Henson as Chief HR Officer
The company says Henson brings over 25 years of experience in human resources, leading field-focused human capital management strategies for large retailers.
Monro Publishes Inaugural Corporate Responsibility Report
The company says the report details the actions Monro is taking every day to care for its teammates and customers, make a positive impact on the communities where it operates and act as a good steward of the environment.