Slide 1: First Quarter Fiscal 2027 Earnings Call
FIRST QUARTER FISCAL 2027 EARNINGS CALL JULY 29, 2026
Slide 2: Safe Harbor Statement and Non-GAAP Measures
Safe Harbor Statement and Non-GAAP Measures Certain statements in this presentation, other than statements of historical fact, including estimates, projections, statements related to our business plans and operating results are forward-looking statements within the meaning of the Private Securities
Slide 3: Monro Shareholder Value Drivers
Monro Shareholder Value Drivers Four Key Areas of Focus Identified as Opportunities for Improvement Driving Profitable Customer Acquisition & Activation Improving Our Customer Experience & Selling Effectiveness ▪ During the first quarter, we continued to strengthen marketing capabilities ▪ ConfiDriv
Slide 4: First Quarter Fiscal 2027 Highlights
First Quarter Fiscal 2027 Highlights Challenging Operating Environment in the Full-Service Auto Aftermarket driven by Lower Store Traffic & Consumer Weakness Quarterly Comparable Store Sales Trends Monthly Comparable Store Sales Trends 10% FY26 10% 5.7% 7.1% FY27 5% 5.8% 1.1% 1.2% 5% 4.1% 2.2% 0% 0.
Slide 5: First Quarter Fiscal 2027 Results
First Quarter Fiscal 2027 Results Gross Margin Decrease driven by Higher Occupancy Costs as a Percentage of Sales; Maintained Investment in Marketing, despite Sales Headwinds Q1FY27 Q1FY26 Δ Sales (millions) $287.1 $301.0 (4.6%) Same Store Sales -1.7% 5.7% (740) Bps Gross Margin 35.0% 35.5% (50) Bps
Slide 6: Financial Position
Financial Position Capital Allocation, Balance Sheet, and Liquidity Capital Allocation Balance Sheet and Liquidity First Quarter Fiscal 2027 ▪ Received ~$3M from disposal of property and ▪ Cash used for operating activities of ~$30M was equipment from successfully exiting 6 leases and largely driven
Slide 7: Fiscal 2027 Expectations
Fiscal 2027 Expectations Fiscal 2027 Expectations ▪ Expect to deliver year-over-year comparable store sales growth in fiscal 2027, primarily driven by performance improvement initiatives ▪ The results of our store optimization plan reduced total sales by $9M in the first quarter of fiscal 2027 ▪ Giv
Slide 8: Appendix
Appendix 8
Slide 9: Reconciliation of Adjusted Operating Income (Unaudited)
Reconciliation of Adjusted Operating Income (Unaudited) (Dollars in Thousands) Quarter Ended Fiscal June 2026 2025 Operating Income (Loss) $3,695 $(6,075) Consulting costs related to operational improvement plan 1,009 4,722 Transition costs related to back-office optimization 333 571 Costs related t
Slide 10: Reconciliation of Adjusted Net (Loss) Income (Unaudited)
Reconciliation of Adjusted Net (Loss) Income (Unaudited) (Dollars in Thousands) Quarter Ended Fiscal June 2026 2025 Net Loss $(2,149) $(8,050) Pension settlement expense 1,171 - Consulting costs related to operational improvement plan 1,009 4,722 Transition costs related to back-office optimization
Slide 11: Reconciliation of Adjusted Diluted (Loss) Earnings Per Share
Reconciliation of Adjusted Diluted (Loss) Earnings Per Share (Unaudited) Quarter Ended Fiscal June 2026 2025 Diluted Loss Per Share $(.08) $(.28) Pension settlement expense .03 - Consulting costs related to operational improvement plan .02 .12 Transition costs related to back-office optimization .01