Monro Inc (MNRO) Q1 2026 Earnings Report

In Q1 2026, Monro Inc reported revenues of $301 million, reflecting a 2.7% increase year-over-year, driven by a 5.7% rise in comparable store sales. However, the company incurred a net loss of $8.1 million, largely due to store closure costs and increased technician labor and material costs. Despite these setbacks, management expressed confidence in its strategic performance improvement initiatives, which focus on optimizing store locations, enhancing customer experience, and driving profitable growth across its remaining 1,115 locations. The upcoming quarters are expected to capitalize on these initiatives and partially offset rising costs through adjustments in pricing and operational efficiencies.