Filing Flows › Monro (MNRO) › Q1 FY27
Monro (MNRO) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jul 29, 2026
Monro (MNRO) reported revenue of $287M for the first quarter fiscal 2027 (Q1 FY27), -5% from a year earlier and +5% from the quarter before. Operating margin was 1.3%, net loss $2.1M (0.7% of revenue).
Monro, Q1 FY27: revenue $287M (-5% year over year), operating margin 1.3%, net loss $2.1M, operating cash flow −$30.4M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $287M | +5% | -5% |
| Operating profit | $3.7M | — | — |
| Net earnings | −$2.1M | — | — |
| Operating cash flow | −$30.4M | -237% | — |
What changed
Revenue was $287.1M in Q1 FY27, down 5% year over year and up 5% from the previous quarter. Tires was the largest line at 46% of revenue. Maintenance Service lost $5.5M year over year (down 7%), 40% of the total change.
Gross margin was 35.0%, down 0.5 points from Q1 FY26. Operating profit was $3.7M, a 1.3% margin (up 3.3 points year over year). Operating expenses fell 14% while revenue fell 5%. The quarter ended with a net loss of $2.1M, narrower than the previous quarter's $6.6M loss. Net interest and other expense of $5.7M was the main reason.
Operating cash flow was −$30.4M. Non-cash charges added back $15.7M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items used $45.5M. Capital expenditures of $7.5M exceeded it, leaving free cash flow of −$37.9M.
Questions
What was Monro's revenue in the first quarter fiscal 2027?
Monro (MNRO) reported revenue of $287M for the first quarter fiscal 2027 (Q1 FY27), -5% from a year earlier and +5% from the quarter before.
Was Monro profitable in the first quarter fiscal 2027?
Operating profit was $3.7M (1.3% of revenue) and net loss $2.1M.
Source: Monro 10-Q on SEC EDGAR.