Monro (MNRO) Q3 2026 Earnings Call Transcript

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Wednesday, Jan. 28, 2026 astatine 8:30 a.m. ET

• President and Chief Executive Officer — Peter Fitzsimmons

• Executive Vice President and Chief Financial Officer — Brian D'Ambrosia

• Vice President of Investor Relations — Felix Veksler

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Operator: Morning, ladies and gentlemen, and invited to Monro, Inc. Earnings Conference Call for the 2026. At this time, each participants are successful a listen-only mode. Later, we volition behaviour a question and reply session, and instructions volition travel astatine that time. If anyone should necessitate assistance during the call, delight property prima followed by 0 connected your touch-tone phone. And arsenic a reminder, this league telephone is being recorded and whitethorn not beryllium reproduced successful full oregon successful portion without support from the company. I would present similar to present Felix Veksler, Vice President of Investor Relations astatine Monro. Please spell ahead.

Felix Veksler: Thank you. Hello, everyone. And convey you for joining america connected this morning's call. Before we get started, delight enactment that arsenic portion of this call, we volition beryllium referencing a presumption that is disposable connected the Investors conception of our website astatine corporate.monroe.com/investors. If I could gully your attraction to the harmless harbor connection connected Slide two, I'd similar to punctual participants that our presumption includes immoderate forward-looking statements astir Monro's aboriginal performance. Actual results whitethorn disagree materially from those suggested by our comments today. The astir important factors that could impact aboriginal results are outlined successful Monro's filings with the SEC and successful our net release.

The institution disclaims immoderate volition oregon work to update oregon revise immoderate forward-looking statements whether arsenic a effect of caller information, aboriginal events, oregon different but arsenic required by law. Additionally, connected today's call, management's statements see a treatment of definite non-GAAP fiscal measures, which are intended to supplement and not beryllium substitutes for comparable GAAP measures. Of specified supplemental accusation to the comparable GAAP measures are included arsenic portion of today's presumption and successful our net release. With that, I'd similar to crook the telephone implicit to Monro's President and Chief Executive Officer, Peter Fitzsimmons. Thank you, Felix, and acknowledgment to everyone for joining us.

Peter Fitzsimmons: Great to beryllium with you today. This morning, I'd similar to update you connected our progress. And the momentum we've continued to physique astatine Monro during our fiscal 3rd quarter. As we person done before, I volition absorption connected the 4 cardinal areas identified arsenic opportunities for show betterment which are shown connected descent 3 of our presumption materials. As a reminder, these are driving profitable lawsuit acquisition and activation, improving our store-based lawsuit acquisition and selling effectiveness, expanding merchandising productivity, which includes mitigating tariff hazard and existent property dispositions related to the erstwhile closure of 145 underperforming stores.