Monro Q1 FY27 adjusted loss widens to $(0.09) per share; sales fall 4.6% to $287.1 million - MNRO News | RalliesMonro Q1 FY27 adjusted loss widens to $(0.09) per share; sales fall 4.6% to $287.1 million
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MNRO• Monro reports lower sales and wider adjusted loss in Q1 FY2027
- Monro posted Q1 FY2027 net sales of $287.1 million, down 4.6% year over year; comparable store sales fell 1.7%.
- Adjusted diluted loss per share (non-GAAP) widened to $(0.09) from adjusted diluted earnings per share of $0.22 a year earlier.
- Gross margin narrowed 0.5 percentage points to 35%.
- Received about $3 million from property and equipment disposals after exiting 6 leases and selling 4 owned locations.
- Kept fiscal 2027 outlook for comparable store sales growth; expects capex of $25 million to $35 million.
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