Q1 27 EPS
$-0.09
MISS 475.00%
Est. $0.02
Q1 27 Revenue
$287.1M
BEAT +0.21%
Est. $286.5M
vs S&P Since Q1 27
-32.0%
TRAILING MARKET
MNRO -26.0% vs S&P +6.0%
Market Reaction
Did MNRO Beat Earnings? Q1 2027 Results
Monro, Inc. Delivered a sharply disappointing first quarter of fiscal 2027, posting an adjusted diluted loss of $0.09 per share against a consensus estimate of $0.02, a miss of 475.00% that underscored the mounting pressure on the auto service retail… Read more Monro, Inc. Delivered a sharply disappointing first quarter of fiscal 2027, posting an adjusted diluted loss of $0.09 per share against a consensus estimate of $0.02, a miss of 475.00% that underscored the mounting pressure on the auto service retailer's bottom line. Revenue of $287.13 million edged fractionally ahead of the $286.53 million consensus, yet still fell 4.6% year-over-year, weighed down by the deliberate closure of 145 underperforming stores and a 1.7% decline in comparable store sales as consumers deferred higher-ticket spending on tires and brakes in favor of lower-cost alternatives. Adjusted operating income collapsed to $2.16 million from $14.03 million a year ago, reflecting the operational deterioration once non-recurring items are removed, while a new $1.17 million pension settlement charge added further pressure. Analysts had already flagged cautious expectations heading into the print, with a consensus "Reduce" rating circulating ahead of results. Monro declined to issue fiscal 2027 guidance but signaled it would address its outlook on the earnings call, with management expressing confidence that ongoing operational improvements position the company for recovery once consumer spending stabilizes.
Key Takeaways
- • Closure of 145 underperforming stores reduced sales by approximately $9 million
- • Comparable store sales declined 1.7% due to lower store traffic and consumer trade-down behavior
- • Battery comparable store sales increased 8%
- • Front end/shocks and alignments comparable store sales increased 1%
- • Tire unit volumes held flat despite 1% comp sales decline in tires
- • ConfiDrive courtesy inspection process drove average repair order growth
- • Operating expenses reduced by $17.8 million in lower store closing costs year-over-year
- • Consulting costs related to operational improvement plan decreased by $3.7 million
- • Marketing costs increased $4.9 million to support topline
- • Front shop labor costs increased $4.6 million at continuing locations
MNRO Forward Guidance & Outlook
Monro is not providing fiscal 2027 financial guidance at this time but indicated it would provide perspective on its expectations for fiscal 2027 during its earnings conference call. Management expressed confidence that operational progress is building a foundation for improved performance as consumer spending stabilizes.
MNRO YoY Financials
Q1 2027 vs Q1 2026, source: SEC Filings
“Our first quarter comparable store sales declined 1.7%, reflecting an operating environment, which continued to challenge the full-service auto aftermarket. This was driven by lower store traffic as well as consumers that continued to defer higher-ticket spending decisions in tires and brakes and traded-down to lower-cost alternatives in our tire category. However, and importantly, we were able to hold our tire unit volumes flat, and we believe this allowed us to take market share, both in our tier one tires as well as in our overall tire category in the quarter. We believe that this is a direct result of our promotional effectiveness and the timely expansion of our tier four tire offerings, which allowed us to meet the needs of our customers across the price spectrum. The effectiveness of our ConfiDrive courtesy inspection process helped us drive average repair order growth in the quarter. This was driven by meaningful improvements in certain of our higher-margin service categories, including batteries, alignments, and front/end shocks. This performance reinforces that we continue to deliver genuine value to our full-service customers, even in a difficult spending environment. Importantly, we maintained our marketing investment during the quarter, despite the sales headwinds we faced”
— Peter Fitzsimmons, Q1 2027 Earnings Press Release
MNRO Earnings Trends
MNRO vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
MNRO EPS Trend
Earnings per share: estimate vs actual
MNRO Revenue Trend
Quarterly revenue: estimate vs actual
MNRO Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 MISS | $0.02 | $-0.09 | -475.00% | $287.1M | +0.21% |
| Q4 26 MISS FY | $-0.05 | $-0.16 | -196.30% | $273.8M | -3.40% |
| FY Full Year | $0.55 | $0.42 | -23.08% | $1.16B | -0.83% |
| Q3 26 BEAT | $0.14 | $0.16 | +17.65% | $293.4M | -0.61% |
| Q2 26 BEAT | $0.18 | $0.18 | +0.00% | $288.9M | -3.90% |
| Q1 26 BEAT | $0.15 | $0.22 | +48.65% | $301.0M | +1.65% |
| Q4 25 MISS FY | $0.03 | $-0.09 | -421.43% | $295.0M | +1.90% |
| FY Full Year | $0.60 | $0.48 | -20.27% | $1.20B | +0.46% |