Monro shares poised for biggest daily pct gain ever; co says to close 145 stores

Shares of Monro MNRO.O up 29.7% at $16.56, on track for biggest daily percentage gain in its history, on Wed after the auto repair service co reported qtrly results including sales that beat expectations but adj EPS that disappointed

The co also said it had identified 145 underperforming stores for closure and initiated the process to close the locations in Q1 of 2026

Recommendations on the stock include one "strong buy" rating, and four "hold" ratings

The 12-mo median PT on the stock is $18, down from $18.50 a month ago

Short interest in MNRO as a percentage of outstanding shares stands at 14.73%, per LSEG Starmine data, up from the 14.2% on May 1 but down from the 52-week high of 16.2% seen in early April

Including the session move, MNRO is down about 33% YTD compared with a 0.3% decline in S&P 600 automotive retail index .SPSMCAUTR