0831 ET - Monro, the automotive service and tire provider, says sales in FY24 declined nearly 4% primarily due to pressure on low-to-middle income consumers who traded down and deferred purchases in its high-ticket tire category, resulting in lower year-over-year comparable store sales. Monro slides 12% to $22.81 in premarket trading. (denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
May 23, 2024 08:31 ET (12:31 GMT)
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