Monro Shares Fall, Fitzsimmons Named CEO as Part of Consulting Engagement With AlixPartners

Dow Jones

04-01

By Josh Beckerman

Shares of auto-service chain Monro declined after it replaced its chief executive.

Monro named Peter Fitzsimmons of AlixPartners as its CEO on Monday as part of a strategic consulting engagement with AlixPartners and its affiliate AP Services LLC.

The stock was down 9% to $14.45 and is down about 42% this year.

Monro said CEO Michael Broderick left the company following the board's determination that a leadership change was necessary.

The company said in January that comparable-store sales decreased 0.8% while gross margins were hurt by higher material costs and an increased level of self-funded promotions to attract value-oriented consumers into stores.

"We are confident that with our consistent cash generation, ample liquidity, solid balance sheet, and our compelling offerings to customers, Monro will achieve its potential as a premier automotive service provider under Peter's leadership," Monro said Monday.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

March 31, 2025 15:32 ET (19:32 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2524971824"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2524971824\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2524971824?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-01 03:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2524971824","market":"hk","top_or_hot":-1,"title":"Monro Shares Fall, Fitzsimmons Named CEO as Part of Consulting Engagement With AlixPartners","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Josh Beckerman \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares of auto-service chain Monro declined after it replaced its chief executive. \n</p>\n<p>\n  Monro named Peter Fitzsimmons of AlixPartners as its CEO on Monday as part of a strategic consulting engagement with AlixPartners and its affiliate AP Services LLC. \n</p>\n<p>\n  The stock was down 9% to $14.45 and is down about 42% this year. \n</p>\n<p>\n  Monro said CEO Michael Broderick left the company following the board's determination that a leadership change was necessary. \n</p>\n<p>\n  The company said in January that comparable-store sales decreased 0.8% while gross margins were hurt by higher material costs and an increased level of self-funded promotions to attract value-oriented consumers into stores. \n</p>\n<p>\n  \"We are confident that with our consistent cash generation, ample liquidity, solid balance sheet, and our compelling offerings to customers, Monro will achieve its potential as a premier automotive service provider under Peter's leadership,\" Monro said Monday. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 31, 2025 15:32 ET (19:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Monro Shares Fall, Fitzsimmons Named CEO as Part of Consulting Engagement With AlixPartners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMonro Shares Fall, Fitzsimmons Named CEO as Part of Consulting Engagement With AlixPartners\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-04-01 03:32</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Josh Beckerman \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares of auto-service chain Monro declined after it replaced its chief executive. \n</p>\n<p>\n  Monro named Peter Fitzsimmons of AlixPartners as its CEO on Monday as part of a strategic consulting engagement with AlixPartners and its affiliate AP Services LLC. \n</p>\n<p>\n  The stock was down 9% to $14.45 and is down about 42% this year. \n</p>\n<p>\n  Monro said CEO Michael Broderick left the company following the board's determination that a leadership change was necessary. \n</p>\n<p>\n  The company said in January that comparable-store sales decreased 0.8% while gross margins were hurt by higher material costs and an increased level of self-funded promotions to attract value-oriented consumers into stores. \n</p>\n<p>\n  \"We are confident that with our consistent cash generation, ample liquidity, solid balance sheet, and our compelling offerings to customers, Monro will achieve its potential as a premier automotive service provider under Peter's leadership,\" Monro said Monday. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 31, 2025 15:32 ET (19:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4214","symbol_name":"汽車零售","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2524971824","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524971824","pubTimestamp":1743449520,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of auto-service chain Monro declined after it replaced its chief executive.Monro named Peter Fitzsimmons of AlixPartners as its CEO on Monday as part of a strategic consulting engagement with AlixPartners and its affiliate AP Services LLC.The stock was down 9% to $14.45 and is down about 42% this year.Monro said CEO Michael Broderick left the company following the board's determination that a leadership change was necessary.The company said in January that comparable-store sales decreased 0.8% while gross margins were hurt by higher material costs and an increased level of self-funded promotions to attract value-oriented consumers into stores.\"We are confident that with our consistent cash generation, ample liquidity, solid balance sheet, and our compelling offerings to customers, Monro will achieve its potential as a premier automotive service provider under Peter's leadership,\" Monro said Monday.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4214":"汽车零售","MNRO":"Monro Muffler Brake"},"translate_title":"Monro股价下跌，Fitzsimmons任命首席执行官作为AlixPartners咨询项目的一部分","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MNRO":0.9},"content_text":"By Josh Beckerman \n\n\n \n\n\n  Shares of auto-service chain Monro declined after it replaced its chief executive. \n\n\n  Monro named Peter Fitzsimmons of AlixPartners as its CEO on Monday as part of a strategic consulting engagement with AlixPartners and its affiliate AP Services LLC. \n\n\n  The stock was down 9% to $14.45 and is down about 42% this year. \n\n\n  Monro said CEO Michael Broderick left the company following the board's determination that a leadership change was necessary. \n\n\n  The company said in January that comparable-store sales decreased 0.8% while gross margins were hurt by higher material costs and an increased level of self-funded promotions to attract value-oriented consumers into stores. \n\n\n  \"We are confident that with our consistent cash generation, ample liquidity, solid balance sheet, and our compelling offerings to customers, Monro will achieve its potential as a premier automotive service provider under Peter's leadership,\" Monro said Monday. \n\n\n \n\n\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 31, 2025 15:32 ET (19:32 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}