Core Viewpoint - Monro, Inc. will participate in a Fireside Chat at the 2026 UBS Global Consumer and Retail Conference, highlighting its engagement with investors and the broader consumer market [1] Company Participation - Brian D'Ambrosia, Executive Vice President and Chief Financial Officer, and Felix Veksler, Vice President of Investor Relations, will represent Monro, Inc. at the conference [1] - The event is scheduled for March 11, 2026, at 1:00 PM ET [1] Event Details - A live webcast of the UBS event will be accessible through the "Investors" section of the company's website [1]

Core Viewpoint - Monro, Inc. has declared a quarterly cash dividend of $0.28 per share on its outstanding common stock, including shares related to Class C Convertible Preferred Stock [1] Dividend Announcement - The dividend is scheduled to be paid on March 10, 2026 [1] - Shareholders must be on record by the close of business on February 24, 2026 to receive the dividend [1]

Core Insights - Monro, Inc. reported a 4.0% decrease in sales for the third quarter of fiscal 2026, totaling $293.4 million compared to $305.8 million in the same period of fiscal 2025, primarily due to the closure of 145 underperforming stores [2][9] - The company achieved a gross margin increase of 60 basis points year-over-year, reaching 34.9%, driven by lower material and occupancy costs, despite higher technician labor costs due to wage inflation [4][11] - Net income for the third quarter of fiscal 2026 was $11.1 million, a significant increase of 143.1% from $4.6 million in the prior year, with diluted earnings per share rising to $0.35 from $0.15 [9][25] Third Quarter Results - Sales decreased by 4.0% to $293.4 million from $305.8 million in the prior year [2] - Comparable store sales showed a mixed performance, with a 1.2% increase from continuing locations, while adjusted comparable store sales decreased by 0.8% in the prior year [2][3] - Operating income increased to $18.6 million, or 6.3% of sales, compared to $10.0 million, or 3.3% of sales in the prior year [6] Operating Expenses - Total operating expenses for the third quarter were $83.8 million, representing 28.6% of sales, down from $94.8 million or 31.0% of sales in the prior year [5] - The decrease in operating expenses was attributed to $14.0 million in net gains from closed store real estate dispositions and $7.3 million in lower costs from store closures [5] Income and Earnings - Adjusted operating income for the third quarter was $10.3 million, or 3.5% of sales, compared to $11.7 million, or 3.8% of sales in the prior year [6] - The effective tax rate for the third quarter was 23.6%, up from 21.2% in the prior year, primarily due to an income tax benefit in the previous year [8] Inventory and Cash Flow - The company reduced inventory levels by over $7 million in the third quarter, achieving a total reduction of more than $28 million, or 16%, since March [11] - Operating cash flow for the first nine months of fiscal 2026 was $48 million, with cash and equivalents of $4.9 million as of December 27, 2025 [13] Future Outlook - Preliminary comparable store sales for January 2026 are up almost 1%, and the company expects positive trends to continue, supported by increased marketing spend and anticipated consumer tax refunds [12] - Monro is not providing specific financial guidance for fiscal 2026 at this time but will discuss expectations during the upcoming earnings conference call [17]