Q3 2025 Monro Inc Earnings Call

Participants Felix Veksler; Senior Director, Investor Relations; Monro Inc Michael Broderick; President, Chief Executive Officer, Director; Monro Inc Brian D'Ambrosia; Chief Financial Officer, Executive Vice President - Finance, Treasurer, Assistant Secretary; Monro Inc Seth Basham; Analyst; Wedbush Securities David Lantz; Analyst; Wells Fargo Securities, LLC Thomas Wendler; Analyst; Stephens Inc. Bret Jordan; Analyst; Jefferies Group Brian Nagel; Analyst; Oppenheimer & Co. John Healy; Analyst; Northcoast Research Partners Presentation Operator Good morning, ladies and gentlemen and welcome to Monro Inc's earnings conference call for the third-quarter of fiscal 2025.

(Operator Instructions) And as a reminder, this conference call is being recorded and may not be reproduced in whole or in part without permission from the company. I would now like to introduce Felix Veksler, Senior Director of Investor Relations at Monroe. Please go ahead.



Felix Veksler Thank you. Hello, everyone, and thank you for joining us on this morning's call. Before we get started, please note that as part of this call, we will be referencing a presentation that is available on the investors section of our website at corporate.

monro.com/investor. If I could draw your attention to the safe harbor statement on slide 2, I'd like to remind participants that our presentation includes some forward-looking statements about Monro's future performance.

Actual results may differ materially from those suggested by our comments today. The most significant factors that could affect future results are outlined in Monro's filings with the SEC and in our earnings release. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Additionally, on today's call, management's statements include a discussion of certain non-GAAP financial measures, which are intended to supplement and not be substitutes for comparable GAAP measures. Reconciliations of such supplemental information to the comparable GAAP measures will be included as part of today's presentation and in our earnings release. Lastly, unless otherwise noted, all references to comparable store sales, category sales and units on today's call will be made on an adjusted for days basis, which adjusts for one fewer selling day in the current year quarter due to a shift in the timing of the Christmas holiday from the fourth quarter in fiscal 2024 to the third quarter in fiscal 2025.

With that, I'd like to turn the call over to Monro's President and Chief Executive Officer, Michael Broderick..