Exhibit 99.1 295 Woodcliff Drive, Suite 202, Fairport, NY 14450 CONTACT: Investors and Media: Felix Veksler Senior Director, Investor Relations ir@monro.com FOR IMMEDIATE RELEASE MONRO, INC. ANNOUNCES SECOND QUARTER FISCAL 2025 FINANCIAL RESULTS • Drove 410 Basis Point Sequential Improvement in Year-over-Year Comparable Store Sales Percentage Change from the First Quarter of Fiscal 2025 • Generated Cash from Operating Activities of $88 Million for the First Half of Fiscal 2025 • Distributed Second Quarter F ...

x-reflexnaja/iStock via Getty Images Monro (NASDAQ:MNRO) serves car owners with new tires and other car parts repair services such as oil change. The investment thesis revolves around a potential business turnaround. Monro's profitable business, strong balance sheet and the dividend protects investor's downside. Turnaround could provide an investor opportunity for capital appreciation. Monro has been suffering from the weakness of its main product category - tires. Although Monro's business is still in decl ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________ FORM 10-Q ____________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 29, 2024 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to __ ...

Financial Data and Key Metrics - Sales decreased by 10.3% YoY to $293.2 million in Q1, primarily driven by a 9.9% decline in comparable store sales [8] - Gross margin increased by 220 basis points YoY, driven by lower technician labor costs and lower material costs, partially offset by higher fixed occupancy costs [9] - Operating income declined to $13.2 million (4.5% of sales) compared to $17.3 million (5.3% of sales) in the prior year [9] - Net income was $5.9 million, down from $8.8 million YoY, with diluted EPS at $0.19 compared to $0.28 in the prior year [10] - Adjusted diluted EPS (non-GAAP) was $0.22, compared to $0.31 in Q1 of fiscal 2024 [10] Business Line Performance - Tire units were down 5% in Q1 but returned to mid-single-digit growth in June, with improved market share and maintained share in higher-margin tiers [8] - Battery units and sales dollars grew in June, driven by the ConfiDrive digital inspection process and service coupon initiatives [5] - Service categories, particularly higher-margin ones, remain underperforming despite some improvement [7][17] Market Performance - Comparable store sales trends improved as the quarter progressed, with comps down 13% in April, 11% in May, and 5% in June [8] - The 300 smaller underperforming stores showed comp store sales consistent with the overall company comp [8] Strategy and Industry Competition - The company is focusing on improving store traffic through oil change services and tire unit growth, while optimizing labor efficiency and cost control [6] - Monro is leveraging manufacturer-funded promotions to drive tire sales and improve profitability [4][19] - The company aims to restore gross margins to pre-COVID levels and achieve double-digit operating margins over the long term [7] Management Commentary on Operating Environment and Outlook - Management noted that the consumer environment remains challenging, but initiatives are driving improvement in topline results [4][7] - The company expects to deliver higher profitability in Q2 through continued gross margin expansion and cost control [12] - Full-year fiscal 2025 expectations include gross margin expansion, flat fixed occupancy costs, and at least $120 million in operating cash flow [12] Other Important Information - The company generated $26 million in cash from operations in Q1, reducing the cash conversion cycle by 15 days YoY [11] - Net bank debt stood at $93 million, with a net bank debt-to-EBITDA ratio of 0.7x and total liquidity of $477 million [11] - Capital expenditures for fiscal 2025 are expected to be between $25 million and $35 million [13] Q&A Session Summary Question: What drove the significant improvement in sales, particularly in June? - The improvement was driven by promotional activities in the tire category, supported by manufacturer-funded promotions, which led to unit growth in June [15][16][19] Question: How did price versus unit or traffic impact Q1 comps? - Price was slightly up, but traffic was significantly down, with June showing flat units and ticket in the tire category [23] Question: What is the strategy for oil price promotions? - The strategy is managed discounting, focusing on providing value to consumers and ensuring quick service turnaround [24] Question: How did gross margin performance compare to internal expectations? - Gross margin exceeded expectations, driven by strong technician productivity and lower labor and material costs [28][29] Question: What are the gross margin expectations for Q2? - The company expects similar gross margin results on a rate basis, with a target of 37% for Q2 [30] Question: What drove the weaker July comps compared to June? - The weaker comps were attributed to a soft comparison period, with no significant underlying issues [32]

200 Holleder Parkway, Rochester, New York 14615 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (585) 647-6400 Not Applicable (Former name or former address, if changed since last report) | --- | --- | --- | --- | |--------|----------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | New | York | | | | | | | | | (State | | | | | of | Incorporation) | | | Pursuant to the requirements of the Securities Exchang ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 10-K _________________________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 0-19357 __________________________________ ...

Monro, Inc. (NASDAQ:MNRO) Q4 2024 Earnings Conference Call May 23, 2024 8:30 AM ET Company Participants Felix Veksler - Senior Director, Investor Relations Michael Broderick - President and Chief Executive Officer Brian D’Ambrosia - Executive Vice President and Chief Financial Officer Conference Call Participants David Lantz - Wells Fargo Patrick Buckley - Jefferies William Dossett - Oppenheimer Operator Good morning, ladies and gentlemen, and welcome to the Monro, Inc. Earnings Conference Call for the Four ...

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Monro shares have lost about 11.5% since the beginning of the year versus the S&P 500's gain of 11.3%. What's Next for Monro? Monro Muffler Brake (MNRO) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.08 per share a yea ...

Exhibit 99.1 200 Holleder Parkway, Rochester, New York 14615 CONTACT: Investors and Media: Felix Veksler Senior Director, Investor Relations ir@monro.com FOR IMMEDIATE RELEASE MONRO, INC. ANNOUNCES FOURTH QUARTER AND FISCAL 2024 FINANCIAL RESULTS ROCHESTER, N.Y. – May 23, 2024 – Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its fourth quarter and fiscal year ended March 30, 2024. Fourth Quarter Results Sales for the four ...

Monro Muffler Brake (MNRO) shares soared 5.2% in the last trading session to close at $26.91. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 15.2% loss over the past four weeks.While there is no specific news or development that could be attributed to yesterday's price surge, Monro’s focus on store improvements and strategic acquisitions is expected to aid the upcoming results. That's probably what has made investors optimistic ...