Monro, Inc. (MNRO), an automotive repair and tire services company, Wednesday announced that it has initiated a review of strategic alternatives including asset sales, refinancing of the business, strategic acquisitions and operational improvements, or the sale of the company.
The review of strategic alternatives is at a preliminary stage and the company has not set a deadline for its completion and there can be no assurance that the process will result in any strategic outcome, Monro said in a statement.
In pre-market activity, MNRO shares were trading at $17, up 2.66% on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.