Monro Inc (FRA:MR2)

€ 24 0.4 (1.69%) Market Cap: 721.89 Mil Enterprise Value: 1.23 Bil PE Ratio: 28.90 PB Ratio: 1.15 GF Score: 70/100

Monro Inc at Bank of America Consumer & Retail Conference Transcript

Mar 14, 2023 / 05:00PM GMT

Release Date Price: €45.8 (+2.23%)

Transcript

Unidentified Analyst

Great. All right. So next, in our agenda, we have Monro. And unfortunately CEO, Mike Broderick, couldn't make it today, he had some issues with travel, but we are very fortunate to have Brian D'Ambrosia and Felix Veksler, IR.

So Brian, I think you had a couple of prepared remarks that you want to give in before we kick it off into Qs.

Brian J. D;Ambrosia

Monro, Inc. - Executive VP of Finance, CFO, Treasurer & Assistant Secretary

' -

Sounds good. Thank you, Liz. Yes, and Mike apologizes for not being able to make it today. So I will just talk a little bit about Monro, little bit about the company, our current strategy and some of the progress that we've made. So Monro is the country's leading -- one of the leading auto service and tire providers. We have about 1,300 stores, about 9,000 service bays in 32 states.

In fiscal 2022, our most recently completed fiscal year, we did about $1.4 billion in sales and a strong balance sheet, very conservatively levered with significant cash flow generation, we'll likely do

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