Slide 1: Second Quarter Fiscal 2026 Earnings Call
SECOND QUARTER FISCAL 2026 EARNINGS CALL OCTOBER 29, 2025
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 second quarter, continued to advance acquisition marketing ▪ During the seco
Slide 4: Second Quarter Fiscal 2026 Highlights
Second Quarter Fiscal 2026 Highlights Third Consecutive Quarter of Comparable Store Sales Growth Quarterly Comparable Store Sales Trends Monthly Comparable Store Sales Trends 10% FY25 10% 5.7% 5% 2.8% 5% FY26 2.2% 2.9% 1.1% 0% 0% -0.8% -1.2%-2.1% -5% -5% -2.2% -3.2% -5.8% -6.2% -10% -10% -7.6% -9.9%
Slide 5: Second Quarter Fiscal 2026 Results
Second Quarter Fiscal 2026 Results Gross Margin Expansion Driven by Lower Occupancy & Material Costs, Maintained Prudent Operating Cost Control; Adjusted Diluted EPS1 Higher than Prior Year Q2FY26 Q2FY25 Δ Sales (millions) $288.9 $301.4 (4.1%) Same Store Sales 1.1% -5.8% 690 bps Gross Margin 35.7% 3
Slide 6: Strong Financial Position
Strong Financial Position Balance Sheet and Liquidity Support Capital Allocation Priorities Disciplined Capital Allocation Strong Balance Sheet and Liquidity First Half Fiscal 2026 ▪ Received ~$7M from disposal of property and ▪ Generated operating cash flow of ~$30M during equipment the first half
Slide 7: Fiscal 2026 Expectations
Fiscal 2026 Expectations Fiscal 2026 Expectations ▪ Expects to continue to deliver year-over-year comparable store sales growth, primarily driven by the Company’s improvement plan, as well as any tariff-related price adjustments to customers ▪ Continues to expect the results of store optimization pl
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 September 2025 2024 Operating Income $12,750 $13,202 Consulting costs related to operational improvement plan 8,264 - Transition costs related to back-office optimization 527 553 Store closing costs,
Slide 10: Reconciliation of Adjusted Net Income (Unaudited)
Reconciliation of Adjusted Net Income (Unaudited) (Dollars in Thousands) Quarter Ended Fiscal September 2025 2024 Net Income $5,665 $5,647 Consulting costs related to operational improvement plan 8,264 - Transition costs related to back-office optimization 527 553 Store closing costs, net of related
Slide 11: Reconciliation of Adjusted Diluted EPS (Unaudited)
Reconciliation of Adjusted Diluted EPS (Unaudited) Quarter Ended Fiscal September 2025 2024 Diluted Earnings Per Share $.18 $.18 Consulting costs related to operational improvement plan .19 - Transition costs related to back-office optimization .01 .01 Store closing costs, net of related gains on sa