Overview

• A comprehensive portfolio review identified 145 underperforming locations for closure, and Monro has initiated the process to shutter them nationwide by June 30.
• Sales fell 6.4 percent to $1.195 billion in fiscal 2025, resulting in a $5.2 million net loss compared to a $37.6 million profit in the prior year.
• Chief Executive Peter Fitzsimmons, appointed on March 31, unveiled a recovery plan targeting closures alongside improvements in customer experience, acquisition and merchandising productivity.
• Monro maintains over 1,300 locations across 32 states, including roughly 1,260 company-owned shops and 48 franchised outlets under multiple brand names.
• Executives point to reduced discretionary auto spending, adverse weather and fewer selling days as key drivers behind the company’s weakened performance.