MNRO - What's Going On With Monro Stock After Q4 Results? | Benzinga
Monro, Inc. (NASDAQ:MNRO) shares are trading lower on Thursday.
The company reported fourth-quarter adjusted earnings per share of 21 cents, missing the analyst consensus of 30 cents.
Quarterly revenues of $310.08 million missed the street view of $320.239 million. Sales for the fourth quarter decreased 0.2%.
“While an industry-wide deferral and trade-down cycle has lasted longer than most in our industry would have expected, we are navigating weakness in the tire market well with our actions and our recently implemented initiatives. We have made foundational progress that will ...