Q3 Rundown: Monro (NASDAQ:MNRO) Vs Other Auto Parts Retailer Stocks

StockStory11-21 17:12

Q3 Rundown: Monro (NASDAQ:MNRO) Vs Other Auto Parts Retailer Stocks Wrapping up Q3 earnings, we look at the numbers and key takeaways for the auto parts retailer stocks, including Monro (NASDAQ:...

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Work on cars may entail replacing fluids, parts, or accessories, and these stores have the parts and accessories or these jobs. While e-commerce competition presents a risk, these stores have a leg up due to the combination of broad and deep selection as well as expertise provided by sales associates. Another change on the horizon could be the increasing penetration of electric vehicles.The 5 auto parts retailer stocks we track reported a softer Q3. As a group, revenues were in line with analysts’ consensus estimates.While some auto parts retailer stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 3.9% since the latest earning","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PSQ":"纳指反向ETF","BK4214":"汽车零售","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","NDAQ":"纳斯达克OMX交易所","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","BK4159":"经销商","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","TQQQ":"纳指三倍做多ETF","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU2463526074.USD":"NORDEA 1 - GLOBAL CLIMATE ENGAGEMENT \"BP\" (USD) ACC","MNRO":"Monro Muffler Brake","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU1037948897.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (HKD) INC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","BK4588":"碎股","LU1037948541.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (HKD) ACC","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","QID":"纳指两倍做空ETF","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","AZO":"汽车地带","LU1934455863.HKD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (HKD) ACC","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC",".IXIC":"NASDAQ Composite","ORLY":"奥莱利","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","LU0965508806.USD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","LU0861579265.USD":"联博低波幅策略股票基金A","GPC":"Genuine Parts Co","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","BK4112":"金融交易所和数据","QLD":"纳指两倍做多ETF","SQQQ":"纳指三倍做空ETF","AAP":"Advance Auto Parts Inc","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC"},"translate_title":"第三季度概要：Monro（纳斯达克：MNRO）与其他汽车零部件零售商股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAP":1,"AZO":1,".IXIC":1,"MNRO":1,"ORLY":1,"GPC":1,"NDAQ":1,"TQQQ":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"SQQQ":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"Q3 Rundown: Monro (NASDAQ:MNRO) Vs Other Auto Parts Retailer Stocks \n \n\nWrapping up Q3 earnings, we look at the numbers and key takeaways for the auto parts retailer stocks, including Monro (NASDAQ:MNRO) and its peers. \nCars are complex machines that need maintenance and occasional repairs, and auto parts retailers cater to the professional mechanic as well as the do-it-yourself (DIY) fixer. Work on cars may entail replacing fluids, parts, or accessories, and these stores have the parts and accessories or these jobs. While e-commerce competition presents a risk, these stores have a leg up due to the combination of broad and deep selection as well as expertise provided by sales associates. Another change on the horizon could be the increasing penetration of electric vehicles.\nThe 5 auto parts retailer stocks we track reported a softer Q3. As a group, revenues were in line with analysts’ consensus estimates. \n While some auto parts retailer stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 3.9% since the latest earnings results.\nSlowest Q3: Monro (NASDAQ:MNRO)\n Started as a single location in Rochester, New York, Monro (NASDAQ:MNRO) provides common auto services such as brake repairs, tire replacements, and oil changes. \nMonro reported revenues of $301.4 million, down 6.4% year on year. This print was in line with analysts’ expectations, but overall, it was a disappointing quarter for the company with a significant miss of analysts’ EBITDA and gross margin estimates. \n“We drove sequential improvement in our year-over-year comparable store sales percentage change from the first quarter as well as a significant acceleration in our comp trends as the second quarter progressed.”, said Mike Broderick, President and Chief Executive Officer.\n\n\n\nMonro achieved the biggest analyst estimates beat but had the slowest revenue growth of the whole group. Unsurprisingly, the stock is up 6.3% since reporting and currently trades at $28.47. \nRead our full report on Monro here, it’s free. \nBest Q3: O'Reilly (NASDAQ:ORLY)\nServing both the DIY customer and professional mechanic, O’Reilly Automotive (NASDAQ:ORLY) is an auto parts and accessories retailer that sells everything from fuel pumps to car air fresheners to mufflers. \nO'Reilly reported revenues of $4.36 billion, up 3.8% year on year, falling short of analysts’ expectations by 1.3%. The business performed better than its peers, but it was unfortunately a mixed quarter with a solid beat of analysts’ EBITDA estimates but full-year EPS guidance slightly missing analysts’ expectations. \n\n\n\nO'Reilly scored the highest full-year guidance raise among its peers. The market seems content with the results as the stock is up 1.3% since reporting. It currently trades at $1,215. \nIs now the time to buy O'Reilly? Access our full analysis of the earnings results here, it’s free.\nAdvance Auto Parts (NYSE:AAP)\nFounded in Virginia in 1932, Advance Auto Parts (NYSE:AAP) is an auto parts and accessories retailer that sells everything from carburetors to motor oil to car floor mats.\nAdvance Auto Parts reported revenues of $2.15 billion, down 3.2% year on year, falling short of analysts’ expectations by 1.1%. It was a disappointing quarter as it posted full-year revenue guidance missing analysts’ expectations. \nAdvance Auto Parts delivered the weakest full-year guidance update in the group. As expected, the stock is down 5.9% since the results and currently trades at $38.50. \nRead our full analysis of Advance Auto Parts’s results here. \nGenuine Parts (NYSE:GPC)\nLargely targeting the professional customer, Genuine Parts (NYSE:GPC) sells auto and industrial parts such as batteries, belts, bearings, and machine fluids. \nGenuine Parts reported revenues of $5.97 billion, up 2.5% year on year. This print met analysts’ expectations. Taking a step back, it was a softer quarter as it recorded full-year EPS guidance missing analysts’ expectations. \nThe stock is down 14.1% since reporting and currently trades at $122.99. \nRead our full, actionable report on Genuine Parts here, it’s free. \nAutoZone (NYSE:AZO)\nAiming to be a one-stop shop for the DIY customer, AutoZone (NYSE:AZO) is an auto parts and accessories retailer that sells everything from car batteries to windshield wiper fluid to brake pads.\nAutoZone reported revenues of $6.21 billion, up 9% year on year. This number was in line with analysts’ expectations. Aside from that, it was a slower quarter as it recorded a miss of analysts’ EBITDA and EPS estimates. \nAutoZone scored the fastest revenue growth among its peers. The stock is flat since reporting and currently trades at $3,072. \nRead our full, actionable report on AutoZone here, it’s free. \nMarket Update\nIn response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump’s presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. \nWant to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. \n Join Paid Stock Investor Research\nHelp us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485041376"}