ET 10:02

MNRO: Monro Narrows Q4 Loss, Stock Rises in Pre-market Trading

IMP5.0
SNT+0.4
CONF85%
Earnings

Monro Inc. (NASDAQ: MNRO) reported a narrower net loss for its fiscal fourth quarter ended March 2026, driving shares higher in pre-market trading on May 27. The automotive service chain cited improved cost controls and resilient demand for maintenance and tire services. The company did not immediately disclose detailed figures, but the smaller loss compared with the prior year signaled progress in a multi-year restructuring plan. Revenue likely faced pressure from previously announced store closures and softer consumer spending on discretionary repairs. Monro shares rose more than 2% before the opening bell, reflecting optimism that margin recovery is taking hold. The stock had declined 18% over the past 12 months. The company operates over 1,300 service centers across the United States.

EditorLim