Monro CEO says firm fell short of expectations in Q1
Monro Inc. suffered a 33.8% drop in operating income for the quarter ended June 24, due in part to lower sales of higher-margin services and reduced overall revenue.
Source: tirebusiness.com
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ATD relocating Louisville distribution center
American Tire Distributors is planning a ribbon-cutting ceremony April 12 for a new distribution center in Louisville, Ky.
Source: tirebusiness.com
Monro offers battery installation, tire options for winter
Looking to improve the customer experience at its 1,300-plus retail outlets throughout the U.S., Monro Inc. has implemented a series of initiatives designed to help customers prepare for winter driving, starting with the way it sells and installs batteries.
Source: tirebusiness.com
Monro sees Q2 drop in income, sales
Monro Inc. suffered a 31.9% drop in operating income for the quarter ended Sept. 24 on 5.1% lower sales, declines the company attributed in part to the divestiture of its wholesale business earlier in the year.
Source: tirebusiness.com
ATD completes acquisition of Monro's Tires Now
Monro Inc. has completed the previously announced sale of its Tires Now wholesale tire and distribution assets to American Tire Distributors Inc., which in turn has secured a deal to supply Monro's 1,300-plus retail stores.
Source: tirebusiness.com