XML 47 R25.htm IDEA: XBRL DOCUMENT v3.25.1
Segment Reporting
 12 Months Ended
Mar. 29, 2025
Segment Reporting [Abstract]  
Segment Reporting Note 18 – 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)

March 29, 2025

March 30, 2024

March 25, 2023

Sales

$

1,195,334

$

1,276,789

$

1,325,382

Less:

Cost of sales, including occupancy costs

719,562

764,737

805,786

Operating, selling, general and administrative expenses

393,835

368,423

362,809

Depreciation and amortization expense

69,372

72,204

77,037

Interest expense, net

18,924

20,005

23,176

Other segment items (a)

(446)

(460)

(593)

(Benefit from) provision for income taxes

(731)

14,309

18,119

Net (loss) income

$

(5,182)

$

37,571

$

39,048

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

No asset information has been provided as we do not regularly review asset information by reportable segment. As of March 29, 2025 and March 30, 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.