Published: May 29, 2025
Monro has released its fiscal 2025 earnings, reporting a net loss and plans to close underperforming stores. The company evaluated its store portfolio and identified 145 locations for closure, targeting completion during the first quarter of fiscal 2026.
Fourth Quarter Results and Monro Fiscal 2025 Earnings Breakdown
Monro reported a 4.9% sales decline for the fourth quarter of fiscal 2025, dropping to $295 million from $310.1 million in the same quarter of fiscal 2024. The quarter had 91 selling days versus 97 the prior year, contributing to an $18.9 million sales reduction. Comparable store sales rose 2.8%. However, adjusting for fewer days, comparable store sales dropped 3.6%.
