v3.25.2
Segment Reporting
 3 Months Ended
Jun. 28, 2025
Segment Reporting [Abstract]  
Segment Reporting Note 12 – Segment Reporting

The Company has a single reportable operating segment “Monro, Inc.” The accounting policies of the operating segment are the same as those described in Note 1 of our Form 10-K. The Company’s chief operating decision maker (“CODM”) is the Chief Executive Officer, who regularly reviews financial information presented on a consolidated basis for purposes of allocating resources and evaluating financial performance for the Company’s single reportable segment. The CODM primarily focuses on consolidated net income to evaluate its reportable segment. The CODM also uses consolidated net income for evaluating pricing strategy and to assess the performance for determining the compensation of certain employees. All segment expenses reviewed, which represent the difference between segment revenue and segment net income, consisted of the following:

Segment Reporting

(thousands)

June 28, 2025

June 29, 2024

Sales

$

301,035

$

293,182

Less:

Cost of sales, including occupancy costs

181,090

169,202

Operating, selling, general and administrative expenses

110,429

92,992

Depreciation and amortization expense

15,591

17,742

Interest expense, net

4,784

5,144

Other segment items (a)

(158)

(93)

(Benefit from) provision for income taxes

(2,651)

2,332

Net (loss) income

$

(8,050)

$

5,863

(a) Other segment items consist of other income, net, included in the accompanying Consolidated Statements of (Loss) Income and Comprehensive (Loss) Income

As of June 28, 2025 and June 29, 2024, assets held in the U.S. accounted for 100% of total assets.

There were no major customers individually accounting for 10% or more of consolidated net revenues.