Monro, Inc. (MNRO) reported a net loss of $1.6 million, or $0.05 per diluted share, for its fiscal second quarter ended September 26, 2026. Sales declined 1.8% to $283.6 million as comparable-store sales also fell 1.8%.
Operating income was $2.6 million, down from $12.8 million a year earlier. The company ended the quarter with 1,114 company-operated stores and 47 franchised locations.
- Gross margin declined 50 basis points from the prior-year period.
- Operating, selling, general and administrative expenses increased to $97.4 million from $90.4 million.
- For the first six months of fiscal 2027, sales declined 3.3% to $570.8 million and net loss totaled $3.8 million.
- Monro entered into $375.0 million of new senior secured credit facilities on October 23, 2026.
- The company paid a quarterly cash dividend of $0.28 per share on September 8, 2026.
$MNRO Hedge Fund Activity
We have seen 86 institutional investors add shares of $MNRO stock to their portfolio, and 108 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. removed 2,131,310 shares (-44.9%) from their portfolio in Q2 2026, for an estimated $36,466,714
- DEPRINCE RACE & ZOLLO INC added 1,708,819 shares (+367.8%) to their portfolio in Q3 2026, for an estimated $23,906,377
- ESTUARY CAPITAL MANAGEMENT LP added 1,494,315 shares (+inf%) to their portfolio in Q2 2026, for an estimated $25,567,729
- NUVEEN, LLC removed 790,716 shares (-80.3%) from their portfolio in Q2 2026, for an estimated $13,529,150
- SG CAPITAL MANAGEMENT LLC removed 789,025 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $13,500,217
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 733,866 shares (+inf%) to their portfolio in Q2 2026, for an estimated $12,556,447
- ADAGE CAPITAL PARTNERS GP, L.L.C. removed 553,069 shares (-35.7%) from their portfolio in Q2 2026, for an estimated $9,463,010
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.