Monro

MNRO Q4 2025 Earnings

Reported May 28, 2025 at 7:33 AM ET · SEC Source

Q4 25 EPS

$-0.09

MISS 421.43%

Est. $0.03

Q4 25 Revenue

$295.0M

BEAT +1.90%

Est. $289.5M

vs S&P Since Q4 25

-27.4%

TRAILING MARKET

MNRO -2.7% vs S&P +24.8%

Full Year 2025 Results

FY 25 EPS

$0.48

MISS 20.27%

Est. $0.60

FY 25 Revenue

$1.20B

BEAT +0.46%

Est. $1.19B

Market Reaction

Did MNRO Beat Earnings? Q4 2025 Results

Monro posted a deeply disappointing fiscal fourth quarter, with adjusted EPS of $-0.09 falling far short of the $0.03 consensus estimate, a miss of 421.43%, even as revenue edged above expectations. The auto-service chain reported Q4 revenue of $294.… Read more Monro posted a deeply disappointing fiscal fourth quarter, with adjusted EPS of $-0.09 falling far short of the $0.03 consensus estimate, a miss of 421.43%, even as revenue edged above expectations. The auto-service chain reported Q4 revenue of $294.99 million, beating the $289.53 million consensus by 1.89%, though sales still declined 4.9% year-over-year as fewer selling days and a pressured low-to-middle income consumer weighed on results. The quarter's defining blow came from $22.80 million in store impairment charges, which swung the company to an operating loss of $23.85 million from operating income of $10.34 million a year earlier. The charges reflect a broader reckoning now underway under new CEO Peter Fitzsimmons, who has identified 145 underperforming locations for closure in Q1 fiscal 2026, a sweeping portfolio reset that has drawn wide attention across the industry. While Monro declined to issue formal fiscal 2026 guidance, Fitzsimmons pointed to preliminary comparable store sales up approximately 7% quarter-to-date as an early sign the strategic reset is gaining traction.

Key Takeaways

  • Comparable store sales increased 2.8% adjusted for days in Q4
  • Front end/shocks comparable store sales increased 27%
  • Batteries comparable store sales increased 25%
  • Brakes comparable store sales increased 2%
  • Tires comparable store sales increased 2%
  • Maintenance services comparable store sales increased 1%
  • Higher material costs due to tire mix and self-funded promotions compressed gross margin by 250 basis points
  • Store impairment charges of $22.8 million in Q4 significantly increased operating expenses
  • Extreme weather in the first half of Q4 negatively impacted results
  • Pressured low-to-middle income consumer deferred and traded-down purchases in high-ticket tire and service categories
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MNRO YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

“While the results of our fourth quarter were impacted by extreme weather in the first half of the quarter, we drove positive comparable store sales growth in the quarter, adjusted for days, as well as sequential improvement in comparable store sales and gross margin as the months of the quarter progressed. Encouragingly, our sales momentum has continued into our first quarter of fiscal 2026 with preliminary quarter-to-date comparable store sales that are up approximately 7%”

— Peter Fitzsimmons, Q4 2025 Earnings Press Release