Monro sees Southwest as next growth target
Monro sees Southwest as next growth target
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ROCHESTER, N.Y. Monro Inc. has identified the U.S. Southwest as a high priority for growth, both in terms of acquisitions and greenfield stores, company executives told financial analysts during the firm s fiscal 2021 results conference call May 20. Recently hired top executive Mike Broderick told analysts while Monro has had success in building its presence in the West California, Idaho and Nevada Monro is missing a lot of space out in the Southwest. We don t have many stores [there], but where we have opportunities to fill in, we will.
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Company Description
Monro Inc is a provider automobile service stations in the United States. Through its network of company-owned service stations, Monro Muffler Brake offers maintenance, repair, tire, and fleet management services for automobiles focused largely on undercar services such as brake, steering, exhaust, drivetrain, and suspension systems. Next to service stores, the company also offers tire stores specialised in tire replacement and service. All revenue is generated in northeast of the United States of America.
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