{"id":967310,"date":"2026-05-27T07:35:07","date_gmt":"2026-05-27T11:35:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/monro-announces-strategic-alternatives-review-to-maximize-shareholder-value\/"},"modified":"2026-05-27T07:35:07","modified_gmt":"2026-05-27T11:35:07","slug":"monro-announces-strategic-alternatives-review-to-maximize-shareholder-value","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/monro-announces-strategic-alternatives-review-to-maximize-shareholder-value\/","title":{"rendered":"Monro Announces Strategic Alternatives Review to Maximize Shareholder Value"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Monro Announces Strategic Alternatives Review to Maximize Shareholder Value<\/b><\/p>\n<p>FAIRPORT, N.Y.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMonro, Inc. (Nasdaq: MNRO), a leading provider of automotive repair and tire services, today announced that its Board of Directors (the \u201cBoard\u201d) has initiated a review of strategic alternatives to maximize shareholder value. In consultation with its financial and legal advisors, the Board will evaluate a broad range of alternatives, including but not limited to asset sales, refinancing of the business, strategic acquisitions and operational improvements, or the sale of the Company.<\/p>\n<p>\n\u201cMonro has a strong and durable business and we are excited about the opportunities in front of us,\u201d said Robert Mellor, Chairman of the Board. \u201cThe Board determined that now is the right time to initiate a comprehensive review of strategic alternatives, and we are approaching this process with discipline and an open mind and guided by a commitment to maximize shareholder value.\u201d<\/p>\n<p>\n\u201cMonro has made significant progress across the business to improve performance, strengthen profitability and enhance the customer experience,\u201d said Peter Fitzsimmons, President and Chief Executive Officer. \u201cThe strategic review process will allow the Company to explore all options and determine the best path forward, while continuing to focus on our improvement initiatives and deliver for our customers and shareholders.\u201d<\/p>\n<p>\nThe strategic review is at a preliminary stage and there is no deadline or definitive timeline set for its completion. There can be no assurance that the process will result in any transaction or other strategic outcome. Monro does not intend to make any further public comment unless and until it determines further disclosure is appropriate or necessary.<\/p>\n<p><b><span class=\"bwuline\">About Monro, Inc.<\/span><\/b><\/p>\n<p>\nMonro, Inc. (NASDAQ: MNRO) is one of the nation\u2019s 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. With a focus on sustainable growth, the Company generated approximately $1.2 billion in sales in fiscal 2026. Monro brings customers the professionalism and high-quality service they expect from a national retailer, with the convenience and trust of a neighborhood garage. Monro\u2019s 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. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcorporate.monro.com%2F&amp;esheet=54542481&amp;newsitemid=20260527204737&amp;lan=en-US&amp;anchor=corporate.monro.com&amp;index=1&amp;md5=3da8c893d2fb27051be652a94fbbff97\">corporate.monro.com<\/a>.<\/p>\n<p><b><span class=\"bwuline\">Cautionary Note Regarding Forward-Looking Statements<\/span><\/b><\/p>\n<p>\nThe statements contained in this press release that are not historical facts may contain statements of future expectations and other forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by such words and phrases as \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccan,\u201d \u201ccontinue,\u201d \u201cexpect,\u201d \u201cfocus,\u201d \u201cfuture,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201copportunity,\u201d \u201cplan,\u201d \u201cstrategy,\u201d \u201cwill,\u201d and other similar words or phrases. All statements addressing operating performance, events or developments that the Company expects or anticipates will occur in the future, including but not limited to statements relating to the review of strategic alternatives, the Company\u2019s operational performance and growth strategy, and expected financial results are forward-looking statements. Forward-looking statements are subject to risks, uncertainties and other important factors that could cause actual results to differ materially from those expressed. These risk factors and uncertainties include those more fully described under the heading \u201cRisk Factors\u201d in the Company\u2019s Securities and Exchange Commission filings, including the Company\u2019s annual report on Form 10-K for the fiscal year ended March 28, 2026, which the Company expects to file before the end of May 2026. Except as required by law, the Company does not undertake and specifically disclaims any obligation to update any forward-looking statement to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.<\/p>\n<p>\nMNRO-Corp<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260527204737r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260527204737\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260527204737\/en\/<\/a><\/span><\/p>\n<p>\nInvestors and Media: Felix Veksler<br \/>\n<br \/>Vice President, Investor Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@monro.com\">ir@monro.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Retail Tires &amp; Rubber General Automotive Automotive Specialty<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260527204737\/en\/1443966\/3\/MNRO_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Monro Announces Strategic Alternatives Review to Maximize Shareholder Value FAIRPORT, N.Y.&#8211;(BUSINESS WIRE)&#8211; Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive repair and tire services, today announced that its Board of Directors (the \u201cBoard\u201d) has initiated a review of strategic alternatives to maximize shareholder value. In consultation with its financial and legal advisors, the Board will evaluate a broad range of alternatives, including but not limited to asset sales, refinancing of the business, strategic acquisitions and operational improvements, or the sale of the Company. \u201cMonro has a strong and durable business and we are excited about the opportunities in front of us,\u201d said Robert Mellor, Chairman of the Board. \u201cThe Board determined that now is the right time to initiate &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/monro-announces-strategic-alternatives-review-to-maximize-shareholder-value\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Monro Announces Strategic Alternatives Review to Maximize Shareholder Value&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-967310","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Monro Announces Strategic Alternatives Review to Maximize Shareholder Value - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/monro-announces-strategic-alternatives-review-to-maximize-shareholder-value\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Monro Announces Strategic Alternatives Review to Maximize Shareholder Value - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Monro Announces Strategic Alternatives Review to Maximize Shareholder Value FAIRPORT, N.Y.&#8211;(BUSINESS WIRE)&#8211; Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive repair and tire services, today announced that its Board of Directors (the \u201cBoard\u201d) has initiated a review of strategic alternatives to maximize shareholder value. In consultation with its financial and legal advisors, the Board will evaluate a broad range of alternatives, including but not limited to asset sales, refinancing of the business, strategic acquisitions and operational improvements, or the sale of the Company. \u201cMonro has a strong and durable business and we are excited about the opportunities in front of us,\u201d said Robert Mellor, Chairman of the Board. \u201cThe Board determined that now is the right time to initiate &hellip; Continue reading &quot;Monro Announces Strategic Alternatives Review to Maximize Shareholder Value&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/monro-announces-strategic-alternatives-review-to-maximize-shareholder-value\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-27T11:35:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260527204737r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/monro-announces-strategic-alternatives-review-to-maximize-shareholder-value\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/monro-announces-strategic-alternatives-review-to-maximize-shareholder-value\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Monro Announces Strategic Alternatives Review to Maximize Shareholder Value\",\"datePublished\":\"2026-05-27T11:35:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/monro-announces-strategic-alternatives-review-to-maximize-shareholder-value\\\/\"},\"wordCount\":668,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/monro-announces-strategic-alternatives-review-to-maximize-shareholder-value\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260527204737r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/monro-announces-strategic-alternatives-review-to-maximize-shareholder-value\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/monro-announces-strategic-alternatives-review-to-maximize-shareholder-value\\\/\",\"name\":\"Monro Announces Strategic Alternatives Review to Maximize Shareholder Value - 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