Monro Archives - Tire Review Magazine
Monro Announces New Sponsorship, Performance Review Technology

Monro launched its USATNC sponsorship and ConfiDrive Performance Review technology for customers to grade techs real time.

Monro Publishes Third Annual ESG Report

Monro’s “2023 ESG Report” emphasized sustainable value and relationships with customers.

Monro Announces Retirement of ‘Mr. Tire,’ Joe Tomarchio

Joseph Tomarchio, Jr., Monro’s special advisor for acquisitions, is retiring after a long industry career.

Monro Reports Q4 Sales Dip, but Says Margins are Strong

Monro’s fiscal year 2023 net income decreased compared to the prior year.

financial results
Monro Acquires Five Stores Spanning Iowa and Illinois

Monro has added QC Auto Service and Muscatine Tire & Auto stores in Iowa and Illinois.

Monro Muffler Brake
Monro Q3 Results: Strength in Tire Sales, Midwest Growth Through Acquisitions

Monro also reported customers trading down to lower priced tires and deferring vehicle maintenance.

financial results
Monro Leverages ATD Partnership, Waives Battery Install Changes

Monro, Inc. recently implemented a series of initiatives designed to help customers prepare for winter driving. The company said these efforts are part of a forward-looking strategic plan to position the company as a strong competitor in every market across the country. “Monro’s guiding principle is to be ready for the customer when they walk

Monro Promotes New Chief Information Officer

Monro, Inc. promoted Cindy Donovan to senior vice president – chief information officer. She is now responsible for developing and implementing Monro’s information technology strategy and long-range implementation plan to further the company’s strategic goals. Donovan joined the company in 2019 as the director of project management and data architecture before receiving two promotions to

Monro Outlines Results After Divestiture of Wholesale Divison

Monro announced its financial results, which underscored a decrease in sales, but an improvement from approximately 300 of the company’s small or underperforming stores, for its second quarter which ended Sept. 24. “While our topline results do not fully reflect the good work of all of our teammates, we continued to make progress on our

financial results
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,

Monro Appalachian Tire acquisition
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.

financial results
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