Monro, Inc. (Monro) operates as a retail tire and automotive repair stores in the United States.
The company offers to its customers, referred to as ‘guests’, replacement tires and tire related services, automotive undercar repair services, and a broad range of routine maintenance services, primarily on passenger cars, light trucks, and vans. The company also provides other products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment...
Monro, Inc. (Monro) operates as a retail tire and automotive repair stores in the United States.
The company offers to its customers, referred to as ‘guests’, replacement tires and tire related services, automotive undercar repair services, and a broad range of routine maintenance services, primarily on passenger cars, light trucks, and vans. The company also provides other products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment.
At March 29, 2025, the company operated various retail tire and automotive repair stores and serviced approximately 4.2 million vehicles in fiscal 2025.
The company’s retail tire and automotive repair stores operate primarily under the brands ‘Monro Auto Service and Tire Centers,’ ‘Tire Choice Auto Service Centers,’ ‘Mr. Tire Auto Service Centers,’ ‘Car-X Tire & Auto,’ ‘Tire Warehouse Tires for Less,’ ‘Ken Towery’s Tire & Auto Care,’ ‘Mountain View Tire & Auto Service,’ and ‘Tire Barn Warehouse’.
A certain number of the company’s retail locations also service commercial customers. The company’s locations that serve commercial customers generally operate consistently with its other retail locations, except that the sales mix for these locations includes a higher number of commercial tires.
As of March 29, 2025, Monro had two retread facilities, 47 Car-X franchised locations and various company-operated stores.
Business Strategy
The company’s strategies are to exceed guest expectations; provide consistent value; and build a committed, knowledgeable organization of friendly and professional teammates.
The company is committed to building an omni-channel presence through its primary brand websites to create a seamless buying experience for its customers. With responsive optimized design for mobile users, a streamlined tire search, and improved content and functionality, the brand websites better position the company to address its customers’ needs. These websites, aligned with the company's primary brand names, help customers search for store locations, access coupons, make service appointments, shop for tires, and access information on its services and products, as well as car care tips. Importantly, they better showcase the solutions the company provides to its customers, including its Good, Better, Best product and service packages.
Growth Strategy
Executing on accretive acquisition opportunities remains a key element of the company’s long-term growth strategy. The company has stores in 32 states.
In addition to the company’s plan to continue to seek suitable acquisitions, the company plans to add new greenfield stores. Greenfield stores include new construction, as well as the acquisition of one to four store operations. The company partners with a customer analytics firm to provide market segmentation and demographic data specific to a geographic area near a Monro location to identify high value lookalike customers and market directly to them.
Purchasing and Distribution
The company purchases most of the tires it sells to its guests through a distribution agreement under which ATD supplies and sells certain tires to its retail locations. ATD also provides tire category management, ordering, and inventory management services to the company. The company selects and purchases parts (including oil) and supplies for all company-operated stores on a centralized basis through an automatic replenishment system based on operational data it collects from stores daily, which allows the company to control store inventory on a near real-time basis. National vendors ship most of the company's parts supply directly to its stores. Each store also has access to the inventory carried by up to the stores nearest to it. Local vendor purchases are made when needed at the store level and accounted for approximately 33 percent of all parts and tires purchased in 2025.
The company’s ten largest vendors accounted for approximately 97 percent of its total stocking purchases, with the largest vendor accounting for approximately 47 percent of total stocking purchases in 2025. The company purchases parts (including oil) and tires from approximately 47 vendors.
The company enters into contracts with certain parts and tire suppliers, some of which require the company to buy (at market competitive prices) up to 100 percent of the company’s annual purchases of specific products. These agreements expire at various dates.
Regulation
The company is subject to numerous federal, state, and local environmental laws, including the Comprehensive Environmental Response Compensation and Liability Act. In addition, the United States Environmental Protection Agency (the ‘EPA’), under the Resource Conservation and Recovery Act (‘RCRA’), as well as various state and local environmental protection agencies, regulate the company’s handling and disposal of certain waste products and other materials.
In 2025, Monro recycled approximately 2.0 million gallons of oil and 3.0 million tires, as well as approximately 79,000 vehicle batteries and 351 tons of cardboard, all as part of the company’s commitment to the environment.
History
The company was founded in 1957. It was incorporated in New York in 1959. The company was formerly known as Monro Muffler Brake, Inc. and changed its name to Monro, Inc. in 2017.