MONRO, INC. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K covers events occurring on August 11, 2026, regarding MONRO, INC. (MNRO). The filing details the results of the Company's Annual Meeting of Shareholders and the declaration of a quarterly cash dividend. The Company is incorporated in New York and trades on The Nasdaq Stock Market.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial data disclosed is the declaration of a quarterly cash dividend of $0.28 per share for the second quarter of the fiscal year ending March 27, 2027. The dividend is payable on September 8, 2026, to shareholders of record as of August 25, 2026.
Material Changes and Corporate Actions
- Shareholder Voting: Approximately 27,722,871 shares (88.72% of outstanding common stock) were present at the Annual Meeting.
- Director Elections: Shareholders elected eight directors to one-year terms. All nominees received majority support, though significant votes were withheld for several candidates, including Robert E. Mellor (10,343,713 withheld) and Stephen C. McCluski (8,887,248 withheld).
- Executive Compensation: Shareholders approved the advisory vote on executive compensation with 18,483,090 votes for, 1,829,602 against, and 5,269,960 abstentions.
- Auditor Ratification: Shareholders ratified the re-appointment of PricewaterhouseCoopers, LLP as the independent registered public accounting firm for the fiscal year ending March 27, 2027.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or specific risk factors beyond the standard disclosures inherent in a corporate governance report. No unusual items or contingencies were reported in this document.
Investor Verification Checklist
- Verify the record date (August 25, 2026) and payment date (September 8, 2026) for the $0.28 per share dividend.
- Review the specific reasons for the high number of "votes withheld" for certain director nominees, particularly Robert E. Mellor and Stephen C. McCluski.
- Confirm the total number of shares outstanding to calculate the total dividend payout obligation.
- Check subsequent filings for the full financial results of the fiscal year ending March 27, 2027, as this 8-K does not contain them.