Monro, Inc (MNRO) Misses Q4 EPS by 26c, Approves $150M Buyback

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Monro, Inc. Announces Fourth Quarter and Fiscal 2022 Financial Results

May 19, 2022 7:30 AM EDT

Fourth Quarter Sales Up 7.4% to $328.0 Million; Comparable Store Sales Increase 1.4% Fourth Quarter Diluted EPS of $.25; Adjusted Diluted EPS1 of $.20 Enters into Agreement to Divest Non-Core Wholesale and Tire Distribution Assets for an Estimated Total Transaction Value of $105 Million Increases First Quarter Fiscal 2023 Cash Dividend by $.02 to $.28 per Share Announces $150M Share Repurchase Program Authorization

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced... More