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MONROINC CONTACT : Kim Rudd Executive Assistant ( 585 ) 784-3324 Investors and Media : Doug Cooper FTI Consulting ( 212 ) 850-5600 FOR IMMEDIATE RELEASE MONRO , INC . ANNOUNCES SECOND QUARTER FISCAL 2022 FINANCIAL RESULTS Second Quarter Sales Up 20.5 % to a Record $ 347.7 Million ~ Second Quarter Comparable Store Sales Increase 14.8 % ~ Second Quarter Diluted EPS of $ .62 ~ ~ 200 Holleder Parkway , Rochester , New York 14615 ~ Increased Second Quarter Dividend to $ .26 per share Signs Definitive Agreements to Acquire 17 new stores across Southern California and lowa , Representing Expected Annualized Sales of ~ $ 25 Million ROCHESTER , N.Y. - October 27 , 2021 Monro , Inc. ( Nasdaq : MNRO ) , a leading provider of automotive undercar repair and tire services , today announced financial results for its second quarter ended September 25 , 2021 . Second Quarter Results — Sales for the second quarter of the fiscal year ending March 26 , 2022 ( “ fiscal 2022 " ) increased 20.5 % to $ 347.7 million , as compared to $ 288.6 million for the second quarter of the fiscal year ended March 27 , 2021 ( " fiscal 2021 " ) . The total sales increase for the second quarter of $ 59.1 million resulted from a comparable store sales increase of 14.8 % for the period and an increase in sales from new stores of $ 17.8 million , including sales from recent acquisitions of $ 17.2 million . This compares to a decrease in comparable store sales of 11.4 % in the prior year period , which was impacted by a substantial decrease in traffic related to the COVID - 19 pandemic . Comparable store sales increased approximately 33 % for brakes , 31 % for alignments , 16 % for front / end shocks , 15 % for maintenance services , and 10 % for tires compared to the prior year period . Please refer to the " Comparable Store Sales " section below for a discussion of how the Company defines comparable store sales . Gross margin increased 140 basis points to 37.6 % in the second quarter of fiscal 2022 from 36.2 % in the prior year period . The increase was due to higher comparable store sales in the second quarter