Latest news with #Monro
Yahoo
20 hours ago
- Business
- Yahoo
Monro (MNRO) Reports Earnings Tomorrow: What To Expect
Auto services provider Monro (NASDAQ:MNRO) will be reporting earnings this Wednesday before the bell. Here's what to expect. Monro beat analysts' revenue expectations by 1.3% last quarter, reporting revenues of $295 million, down 4.9% year on year. It was a softer quarter for the company, with a significant miss of analysts' EBITDA estimates and a significant miss of analysts' gross margin estimates. Is Monro a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Monro's revenue to grow 1% year on year to $296.1 million, a reversal from the 10.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.15 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Monro has missed Wall Street's revenue estimates six times over the last two years. Looking at Monro's peers in the automotive and marine retail segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Genuine Parts delivered year-on-year revenue growth of 3.4%, beating analysts' expectations by 0.9%, and O'Reilly reported revenues up 5.9%, in line with consensus estimates. Genuine Parts traded up 8.7% following the results while O'Reilly was also up 2.8%. Read our full analysis of Genuine Parts's results here and O'Reilly's results here. There has been positive sentiment among investors in the automotive and marine retail segment, with share prices up 9.5% on average over the last month. Monro is up 10.7% during the same time and is heading into earnings with an average analyst price target of $18 (compared to the current share price of $16.50). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Winnipeg Free Press
17-07-2025
- Winnipeg Free Press
Man's appeal of 2nd-degree murder conviction dismissed
Manitoba's highest court has dismissed a man's claim he acted in self defence when he beat his roommate to death with a piece of lumber. Justin Monro was found guilty of second-degree murder in the May 2021 killing of 37-year-old Derek Sutton and sentenced in 2023 to life in prison with no chance of parole for 11 years. Monro appealed, arguing Court of King's Bench Justice Vic Toews erred when he rejected his claim he was provoked and acted in self-defence. John Woods / THE CANADIAN PRESS FILES Manitoba's highest court has dismissed a man's claim he acted in self defence when he beat his roommate to death with a piece of lumber. In a written decision last month, the Court of Appeal of Manitoba dismissed Monro's appeal, ruling there were no grounds to reject Toews' conclusion Munro continued to attack Sutton when he no longer posed a threat and knew the attack would likely end in Sutton's death. 'I am not convinced that the reasons of the trial judge demonstrate that he failed to consider the cumulative effect of all the evidence,' Justice Diana Cameron wrote on behalf of the appeal court. 'Based on those findings, the trial judge could reasonably conclude that the accused had the requisite intent for murder.' Court heard evidence at trial that Monro and his girlfriend were at Sutton's Beverley Street home, where Monro had been living for a time, when the two men got into an argument that quickly became physical. It ended with Monro striking Sutton in the face with a piece of dimensional lumber at least seven times. Security video captured Monro walking down a back lane with his girlfriend and discarding the two-by-four behind a shed, where police later recovered it. In a subsequent interview with police, Monro claimed Sutton had returned home to find his belongings trashed by an unidentified intruder and blamed Monro for not stopping him. Sutton attacked him and, when the fight spilled outdoors, Sutton armed himself with a two-by-four and started swinging it, Monro said. Wednesdays Sent weekly from the heart of Turtle Island, an exploration of Indigenous voices, perspectives and experiences. Monro said he disarmed Sutton, and hit him several times in the head with the piece of wood. Monro told police he had used drugs earlier in the day but was not high at the time of the attack. Toews ruled that blood-trail evidence showed Monro had attacked Sutton with the two-by-four inside the house and that the attack continued as Monro, who was uninjured, chased Sutton out the front door. Toews rejected Monro's claim he was provoked, pointing to his comments to police stating he was 'totally… in control' during the attack. A pathologist report revealed Sutton suffered injuries akin to those suffered in a high-speed motor vehicle accident. Monro's life spiralled out of control during the pandemic after he lost his job and fell into drug use, defence lawyer Andrew McKelvey-Gunsen said at a sentencing hearing. Dean PritchardCourts reporter Dean Pritchard is courts reporter for the Free Press. He has covered the justice system since 1999, working for the Brandon Sun and Winnipeg Sun before joining the Free Press in 2019. Read more about Dean. Every piece of reporting Dean produces is reviewed by an editing team before it is posted online or published in print — part of the Free Press's tradition, since 1872, of producing reliable independent journalism. Read more about Free Press's history and mandate, and learn how our newsroom operates. Our newsroom depends on a growing audience of readers to power our journalism. If you are not a paid reader, please consider becoming a subscriber. Our newsroom depends on its audience of readers to power our journalism. Thank you for your support.
Business Wire
16-07-2025
- Automotive
- Business Wire
Monro, Inc. to Report First Quarter Fiscal 2026 Earnings on July 30, 2025
FAIRPORT, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, will release its first quarter fiscal 2026 earnings on July 30, 2025. The Company will host a conference call and audio webcast on Wednesday, July 30, 2025 at 8:30 a.m. Eastern Time. The conference call may be accessed by dialing 1-833-470-1428 and using the required access code of 932091. A replay will be available approximately two hours after the recording through Wednesday, August 13, 2025 and can be accessed by dialing 1-866-813-9403 and using the required access code of 386938. A replay can also be accessed via audio webcast at the Investors section of the Company's website, located at About Monro, Inc. Monro, Inc. (NASDAQ: MNRO) is one of the nation's leading automotive service and tire providers, delivering best-in-class auto care to communities across the country, from oil changes, tires and parts installation, to the most complex vehicle repairs. With a focus on sustainable growth, the Company generated approximately $1.2 billion in sales in fiscal 2025. Monro brings customers the professionalism and high-quality service they expect from a national retailer, with the convenience and trust of a neighborhood garage. Monro's highly trained teammates and certified technicians bring together hands-on experience and state-of-the-art technology to diagnose and address automotive needs every day to get customers back on the road safely. For more information, please visit MNRO-Fin
Globe and Mail
16-07-2025
- Automotive
- Globe and Mail
Monro, Inc. to Report First Quarter Fiscal 2026 Earnings on July 30, 2025
Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, will release its first quarter fiscal 2026 earnings on July 30, 2025. The Company will host a conference call and audio webcast on Wednesday, July 30, 2025 at 8:30 a.m. Eastern Time. The conference call may be accessed by dialing 1-833-470-1428 and using the required access code of 932091. A replay will be available approximately two hours after the recording through Wednesday, August 13, 2025 and can be accessed by dialing 1-866-813-9403 and using the required access code of 386938. A replay can also be accessed via audio webcast at the Investors section of the Company's website, located at About Monro, Inc. Monro, Inc. (NASDAQ: MNRO) is one of the nation's leading automotive service and tire providers, delivering best-in-class auto care to communities across the country, from oil changes, tires and parts installation, to the most complex vehicle repairs. With a focus on sustainable growth, the Company generated approximately $1.2 billion in sales in fiscal 2025. Monro brings customers the professionalism and high-quality service they expect from a national retailer, with the convenience and trust of a neighborhood garage. Monro's highly trained teammates and certified technicians bring together hands-on experience and state-of-the-art technology to diagnose and address automotive needs every day to get customers back on the road safely. For more information, please visit
Daily Record
20-06-2025
- General
- Daily Record
Villagers appeal for final push to help renovate Stirlingshire war memorial
A total of 77 names of fallen local heroes from both World Wars appear on the Plean cenotaph - with campaigners looking to raise funds to clean up the monument. Community activists in Plean are edging closer to their goal of raising enough funds to restore and clean up the village cenotaph. Around £560 of the target has so far been raised thanks to an online crowdfunding appeal set up by Plean's Voice. And the stalwarts are asking people to donate what they can to give the effort the final push. In an online plea they said: 'We are looking to have the cenotaph cleaned up and all wording restored, to go along with our beautiful new planters and hanging baskets to brighten up our village. 'Our quote for this is £700. Can we as a village pull together and get this done, even £1 would help.' Plean's voice is a local charity set up by residents to make the village 'a lovely, more fun place to live'. The group hosts regular events throughout the year and has been successful in securing enhancements such as Christmas lights, and summer hanging baskets and tubs in recent years. Their latest project hopes to ensure their prized war memorial is given the attention it deserves. The cenotaph was unveiled on 6 August 1922 by General Sir Charles Munro, Bart., KCB, who commanded the Sixth Division in France during World War I. There are now 77 names of the village's fallen heroes on the memorial - 59 from WWI and 18 from WWII. Information published by the Imperial War Museum details how Mr Wallace Thorniecroft, of the Plean Colliery Company, presided at the unveiling ceremony in 1922, which was attended by 'a large concourse of people from the surrounding district'. Ex-servicemen paraded under Captain Thorniecroft, and other bodies present were the Boy Scouts, the Boys' Brigade, and the Girl Guides. Mr Thorniecroft mentioned that the great majority of the 57 men whose names were recorded on the memorial enlisted voluntarily in the early days of the war. General Monro meanwhile is reported as saying: 'From forge, from factory, from farm, and from shop the men came forward. The came with a high purpose; they saw the call of righteousness, the call of duty, the call of honour, and they never wavered.' He said Scotsmen had every reason to be proud of their representatives in all these fields of battle, and 'therefore it was fitting that they should come there that day to unveil a memorial, as worthy as could be, of their great achievements'. Newspaper reports at that time reported: 'It was said sometimes that memorials were not needed to these men, who unfaltering devotion to duty brought distinction to our arms. 'His [General Munro's] reply was that that it was highly necessary they should do all they could, by memorials or otherwise to keep before the younger generation the fine courage shown by those who came before them and to set them a high ideal.' Following the unveiling, Lady Monro placed the first wreath, and her action was 'followed by many relatives of the deceased'.
