Slide 1: Third Quarter Fiscal 2026 Earnings Call
THIRD QUARTER FISCAL 2026 EARNINGS CALL JANUARY 28, 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 third quarter, continued to advance acquisition marketing ▪ During the third
Slide 4: Third Quarter Fiscal 2026 Highlights
Third Quarter Fiscal 2026 Highlights Delivered Positive Comparable Stores Sales Growth on a 2-Year Stack; Fourth Consecutive Quarter of Positive Comps Quarterly Comparable Store Sales Trends Monthly Comparable Store Sales Trends 10% FY25 10% 5.7% 5% FY26 2.8% 5% 3.8% 1.1% 1.2% 1.1% 1.0% 0.8% 0% 0% -
Slide 5: Third Quarter Fiscal 2026 Results
Third Quarter Fiscal 2026 Results Gross Margin Expansion Driven by Lower Material & Occupancy Costs; Increased Marketing Spend to Support Topline Growth Q3FY26 Q3FY25 Δ Sales (millions) $293.4 $305.8 (4.0%) Same Store Sales1 1.2% -0.8% 200 bps Gross Margin 34.9% 34.3% 60 bps Adjusted Operating Incom
Slide 6: Strong Financial Position
Strong Financial Position Balance Sheet and Liquidity Support Capital Allocation Priorities Disciplined Capital Allocation Strong Balance Sheet and Liquidity YTD Fiscal 2026 ▪ Received ~$25M from disposal of property and ▪ Generated operating cash flow of ~$48M during equipment YTD fiscal 2026 ▪ Rec
Slide 7: Fiscal 2026 Expectations
Fiscal 2026 Expectations Fiscal 2026 Expectations ▪ Continue to expect to deliver year-over-year comparable store sales growth, primarily driven by the Company’s improvement plan, as well as tariff-related price adjustments to customers ▪ Continue to expect the results of store optimization plan to
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 December 2025 2024 Operating Income $18,570 $9,963 Consulting costs related to operational improvement plan 4,652 - Transition costs related to back-office optimization 518 527 Costs related to shareh
Slide 10: Reconciliation of Adjusted Net Income (Unaudited)
Reconciliation of Adjusted Net Income (Unaudited) (Dollars in Thousands) Quarter Ended Fiscal December 2025 2024 Net Income $11,139 $4,583 Consulting costs related to operational improvement plan 4,652 - Transition costs related to back-office optimization 518 527 Costs related to shareholder matter
Slide 11: Reconciliation of Adjusted Diluted EPS (Unaudited)
Reconciliation of Adjusted Diluted EPS (Unaudited) Quarter Ended Fiscal December 2025 2024 Diluted Earnings Per Share $.35 $.15 Consulting costs related to operational improvement plan .11 - Transition costs related to back-office optimization .01 .01 Costs related to shareholder matters .00 - Litig