Monro Inc (Monro), formerly Monro Muffler Brake Inc, is an automotive service provider company that offers maintenance, repair and tire services. The company provides maintenance services including scheduled maintenance, oil change, state inspection, fluids service, A/C systems services, maintenance inspection and fleet service, among others. Monro repair services comprise exhaust system and mufflers, brake services, steering and suspension, tune Ups, shocks and struts, battery and electrical and wiper blades, and others. The company tire services include wheel balancing, wheel alignment, TPMS systems, tire rotation and flat tire repair. The company offers fleet management services for cars, trucks, and vans. Monro is headquartered in Rochester, New York, the US.
Headquarters
United States of America
Address
200 Holleder Pkwy, Rochester, New York, 14615-3808
Website
www.monro.com
Telephone
1 585 6476400
No of Employees
8,600
Industry
Automotive
Ticker Symbol & Exchange
MNRO (NASD)
Revenue (2023)
$1.3B
-2.5%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-36.6%
(2023 vs 2022)
Market Cap*
$883.9M
Net Profit Margin (2023)
XYZ
-34.9%
(2023 vs 2022)
* As of and is in US$
Monro Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Maintenance | Monro |
| Oil Change | Mr.Tire |
| State Inspection | Tire Choice |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In May, the company entered into an agreement with the holders of its Class C Convertible Preferred Stock, under which the Class C Preferred Stock will be eliminated. |
| 2023 | Acquisitions/Mergers/Takeovers | In February, the company acquired QC Auto Service and Muscatine Tire & Auto Center stores in the Quad Cities region of Iowa and Illinois. |
| 2022 | Others | In November, the company announced a new US$600 million revolving line of credit. |
Competitor Comparison
| Key Parameters | Monro Inc | Asbury Automotive Group Inc | Sonic Automotive Inc | Midas, Inc | Giga-tronics Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Rochester | Duluth | Charlotte | Itasca | Dublin |
| State/Province | New York | Georgia | North Carolina | Illinois | California |
| No. of Employees | 8,600 | 13,000 | 10,300 | 765 | 8 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Robert E. Mellor | Chairman | Executive Board | 2017 | 79 |
| Michael T. Broderick | President; Chief Executive Officer; Director | Executive Board | 2021 | 56 |
| Brian J. D’Ambrosia | Chief Financial Officer; Executive Vice President; Assistant Secretary; Treasurer | Senior Management | 2018 | 48 |
| Cindy Donovan | Chief Information Officer; Senior Vice President | Senior Management | - | - |
| Maureen E. Mulholland | Secretary; Executive Vice President; Chief Legal Officer | Senior Management | 2020 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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