What is Monro, Inc.'s lease impairment charges?

Monro, Inc. (MNRO) reported lease impairment charges of $2.2M in Q1 2026.

How has Monro, Inc.'s lease impairment charges changed year-over-year?

Monro, Inc.'s lease impairment charges decreased by 0.0% year-over-year, from $2.2M to $2.2M.

What does lease impairment charges mean?

Represents the non-cash charge taken when the carrying value of an operating lease asset exceeds its recoverable amount. This serves as an indicator of underperforming locations or assets that no longer provide expected economic value.

Monro, Inc. MNRO Lease impairment charges

Lease impairment charges at other companies

Strategic Education, Inc.STRA

$233K+195%

Huron Consulting GroupHURN

$0-100%

Monro, Inc.MNRO

$2.2M0.0%

OppFiOPFI

$0-100%

Fortrea Holdings Inc.FTRE

$0-100%

Target HospitalityTH

$0—

Other financials

Income statement

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Revenue$273.8M-7.2%

Gross profit$92.9M-4.5%

Operating income$18.6M+86.4%

Net income$11.1M+143%

EPS (diluted)$0.35+133%

Balance sheet

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Cash & equivalents$14.6M-29.5%

Total debt$522.7M-8.2%

Total equity$591.5M-4.7%

Total assets$1.6B-4.5%

Cash flow

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Operating cash flow$22.2M-23.2%

CapEx$9.8M+72.8%

Free cash flow$12.4M-46.7%

Valuation

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Market cap$481.91M+12.5%

Enterprise value$989.95M+1.4%

P/S0.4×+0.1×

Profitability

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Gross margin35%+0.1pp

Operating margin3.9%-1.4pp

Net margin-1.1%-2.7pp

FCF margin3.4%-5.5pp

Returns & leverage

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Return on equity-2%-5.0pp

Debt / equity0.9×0.0×

Current ratio0.5×-0.1×

Where this comes from

Reported directly by Monro, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseImpairmentLoss.

The official record: Monro, Inc.’s 10-K, filed May 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Monro, Inc.'s lease impairment charges?: Monro, Inc. (MNRO) reported lease impairment charges of $2.2M in Q1 2026.
How has Monro, Inc.'s lease impairment charges changed year-over-year?: Monro, Inc.'s lease impairment charges decreased by 0.0% year-over-year, from $2.2M to $2.2M.
What does lease impairment charges mean?: Represents the non-cash charge taken when the carrying value of an operating lease asset exceeds its recoverable amount. This serves as an indicator of underperforming locations or assets that no longer provide expected economic value.