AI-assisted summary
Monro Inc. is closing 145 underperforming stores after a $5.2 million loss in sales.
Monro has not yet disclosed which of its 1,300+ locations will be closed.
The closures follow a sales drop of 4.9% in the 2025 fiscal year.
One of America's largest automotive service companies is closing 145 of its more than 1,300 stores across the nation after sales recently dropped by $5.2 million, the company's top leader announced this week.
Monro Inc. will shutter the stores after reporting a 4.9% decrease in sales in the 2025 fiscal year ending March 29, the company's president and CEO Peter Fitzsimmons announced during its latest earnings report.
The report does not say which stores, or if any of its 31 stores in Michigan, will close.
The move comes as company leaders i