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Monro(MNRO) - 2024 Q3 - Earnings Call Transcript
MNROMonro(MNRO)2024-01-24 15:35

Thank you. Hello everyone, and thank you for joining us on this morningÂ's call. Encouragingly, based on retail sellout data from Torqata, a subsidiary of ATV, our tire market share remained broadly in line with the overall market in our higher margin tiers. We continue to mitigate this industry-wide slowdown in tires with actions to reduce non-productive labor costs, including overtime hours in our stores, which were down 25% year-over-year. This allowed us to expand gross margin even on lower sales volume ...