Monro Expects Fiscal 2027 Comparable Store Sales Flat to Slightly Down
Bitget2026/10/29 11:44- Monro expects fiscal 2027 comparable-store sales to be flat to slightly lower as macroeconomic pressures continue to weigh on consumers.
- Gross margin is projected to be flat to slightly lower versus fiscal 2026, depending on comparable-store sales performance.
- Selling, general and administrative expenses are expected to rise with additional marketing investment; second-quarter comparable-store sales fell 1.8%.
- Net interest expense is forecast at $28 million to $32 million, reflecting higher financing costs and debt following supply-chain financing repayments.
- Capital expenditures are projected at $25 million to $35 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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