Q1 26 EPS
$0.22
BEAT +48.65%
Est. $0.15
Q1 26 Revenue
$301.0M
BEAT +1.65%
Est. $296.1M
vs S&P Since Q1 26
+6.3%
BEATING MARKET
MNRO +21.9% vs S&P +15.6%
Market Reaction
Did MNRO Beat Earnings? Q1 2026 Results
Monro, Inc. Delivered a stronger-than-expected first quarter of fiscal 2026, posting adjusted diluted EPS of $0.22 against a consensus estimate of $0.15, a beat of 48.65%, while revenue of $301.04 million edged past the $296.13 million estimate and g… Read more Monro, Inc. Delivered a stronger-than-expected first quarter of fiscal 2026, posting adjusted diluted EPS of $0.22 against a consensus estimate of $0.15, a beat of 48.65%, while revenue of $301.04 million edged past the $296.13 million estimate and grew 2.7% year over year. The headline numbers, however, obscure a quarter defined by radical restructuring: Monro closed 145 underperforming stores, shrinking its company-operated footprint to 1,115 locations and incurring $14.82 million in store closing costs that swung the company to a GAAP operating loss of $6.08 million. Beneath those charges, comparable store sales rose 5.7%, the second consecutive quarter of positive comps, fueled by broad-based category strength led by a 26% surge in front end and shocks services. Management offered measured optimism going forward, noting preliminary July comparable store sales were tracking up 2%, which would extend the positive streak to six straight months, though the company stopped short of issuing formal fiscal 2026 financial guidance.
Key Takeaways
- • Comparable store sales increased 5.7%, driven by ConfiDrive digital courtesy inspection process
- • Front end/shocks comparable store sales surged 26%
- • Brakes comparable store sales grew 9%
- • Batteries comparable store sales grew 9%
- • Tires comparable store sales grew 4%
- • Maintenance services comparable store sales grew 4%
- • Prudent operating cost control with lower store direct costs
- • Inventory reduced by approximately $10 million from lower store count
MNRO YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
“The Monro team drove mid-single-digit comparable store sales growth in the first quarter, which has enabled us to report two consecutive quarters of positive comps for the first time in a couple of years. This was driven by the progress we continue to make with our ConfiDrive digital courtesy inspection process, which resulted in sales and unit growth in our tire category and our high-margin service categories, including front-end shocks, brakes, batteries, and maintenance services. We maintained prudent operating cost control, as reflected in lower store direct costs in the quarter. We reduced inventory levels across the system by approximately $10 million, primarily as a result of reducing our store count. Our profitability on an adjusted diluted earnings per share basis was in-line with the prior year first quarter. These results serve as a solid foundation to build upon as we implement our performance improvement plan to enhance Monro's operations, drive profitability, and increase operating income and total shareholder returns. Encouragingly, our preliminary fiscal July comps are up 2%, which would result in our sixth consecutive month of consistent comparable store sales growth”
— Peter Fitzsimmons, Q1 2026 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
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| 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% |