Monro Q1 Adj EPS $0.31 Misses $0.37 Estimate, Sales $327.00M Miss $332.39M Estimate
Portfolio Pulse from Benzinga Newsdesk
Monro (NASDAQ:MNRO) reported Q1 adjusted earnings of $0.31 per share, missing the analyst consensus estimate of $0.37 by 16.22%. This is a 26.19% decrease from the same period last year. The company also reported quarterly sales of $327.00 million, missing the analyst consensus estimate of $332.39 million by 1.62%, a 6.45% decrease from the same period last year.
July 26, 2023 | 11:31 am
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Monro's Q1 earnings and sales missed estimates, showing a decrease from the same period last year.
Monro's earnings and sales missed analyst estimates, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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