Monro : Fiscal 2025 Annual Report

MNRO

Published on 07/03/2025 at 07:41

Executing a Performance Improvement Plan to Enhance Operations, Drive Profitability & Increase Total Shareholder Returns

Annual Report Fiscal Year 2025

Our Company

As of fiscal year-end 2025, Monro operated 1,260 stores1, 47 Car-X franchised locations and two retread facilities, providing automotive undercar repair and tire sales and services. The Company generated approximately $1.2 billion in sales in fiscal 2025.

The Company operates in 32 states nation-wide with a strong presence in the Northeast, Great Lakes and Mid-Atlantic regions and a presence in the Southern and Western markets.

During our nearly 69-year history, Monro has transformed from an exhaust-focus to a larger offering of auto repair, and tire sales and service, adapting our business to stay relevant. Now, as we again face industry change, we are preparing our workforce to service the next generation of vehicles which will include electric and battery components.

1Subsequent to March 29, 2025, the Company closed 145 stores in accordance with our Store Closure Plan, as defined in our annual Form 10-K filing for fiscal 2025.

32 states where Monro operates

Map as of March 29, 2025

Monro, Inc. FY 2025 Annual Report 2

Representative Brand Portfolio

What We Offer

One of the nation's leading automotive service and tire providers, delivering best-in-class auto care to communities across the country, from oil changes, tires and parts installation to the most complex vehicle repairs.

Professionalism and high-quality service customers expect from a national retailer, with the convenience and trust of a neighborhood garage.

Highly trained Teammates and certified technicians bring together hands

on experience and state-of-the-art technology to diagnose and address automotive needs every day to get customers back on the road safely.

FY 2025 By

The Numbers

1,260

Company-operated stores1

32

States

47

Car-X Franchised locations

2

Retread facilities

1Subsequent to March 29, 2025, the Company closed 145 stores in accordance with our Store Closure Plan, as defined in our annual Form 10-K filing for fiscal 2025.

Monro, Inc. FY 2025 Annual Report 3

Our Vision

To be America's leading auto and tire service centers, trusted by consumers as the best place in their neighborhoods for quality automotive service and tires.

We do this by exceeding our Guests' expectations with consistent value provided by a committed, knowledgeable organization of friendly and professional Teammates.

Our Values

At Monro, our core values serve as the foundation of our decision-making, with health, safety, environmental, and social responsibility considerations playing an important role in our strategic planning. We are committed to responsible business practices and continuous improvement of our operations and our relationships with our Guests, Teammates, investors, vendors, suppliers, and the communities we serve in order to build long-term sustainable value.

Having a vision and the courage to shape a better future.

We represent the communities and Guests we serve.

We are open, honest and trustworthy in all our actions.

What we do, we do well.

Teamwork brings out our best.

A culture that instills accountability and empowerment.

We cherish the truth, initiative and winning.

A balanced horizon

and steward of our 4

people and capital.

Monro, Inc. FY 2025 Annual Report 4

Investment Thesis

Delivering consistent shareholder returns through dividends

Leading national automotive service and tire provider with 1,260 locations1 in

32 states

Focus on operational excellence to increase customer lifetime value

Strong balance sheet and operating cash flow

Scalable platform with significant growth opportunity in acquisitions

Low-cost operator

Support

Well-positioned to capitalize on a favorable

industry backdrop

for Teammates to enhance productivity & retention

1Subsequent to March 29, 2025, the Company closed 145 stores in accordance with our Store Closure Plan, as defined in our annual Form 10-K filing for fiscal 2025.

COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN*

Among Monro, Inc., the S&P SmallCap 600 Index and the S&P Composite 1500 Specialty Retail Index

S&P

Date Monro, Inc.

SmallCap 600

S&P Composite 1500 Specialty Retail

3/24

78.84

209.02

261.58

3/25

37.90

201.95

258.97

3/20 100.00 100.00 100.00

3/21 152.64 195.33 190.20

3/22 104.82 197.73 190.35

3/23 119.61 180.30 199.71

Monro, Inc.

*$100 invested on 3/31/20 in stock or index, including reinvestment of dividends. Fiscal year ending March 31.

Copyright© 2025 Standard & Poor's, a division of S&P Global. All rights reserved.

FY 2025 Annual Report 5

Disclaimer

Monro Inc. published this content on July 03, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 03, 2025 at 11:40 UTC.