Monro swings to second-quarter loss of $0.05 per share as sales fall 1.8%
Monro reported second-quarter fiscal 2027 sales of $283.6 million, down 1.8%, and a net loss of $1.6 million, or $0.05 per diluted share, versus net income of $5.7 million and $0.18 per share a year earlier. The company is not providing fiscal 2027 guidance and said it will offer its outlook on its earnings call, so shareholders have no formal forecast yet.
Key points
- Q2 operating income fell to $2.6 million from $12.8 million, with store closing costs up $6.1 million year over year.
- Comparable store sales fell 1.8%, with tires and brakes down 4% and batteries up 8%.
- On October 23, 2026, Monro entered $375.0 million of senior secured credit facilities with Ares Capital Corporation, maturing in 2030.
- Monro is not providing fiscal 2027 financial guidance at this time.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.