How did Monro's revenue and expenses trend in Q3 2025?

Monro's revenue and expenses in Q3 2025 showed a decline in revenue and an increase in expenses compared to the same period in the previous year.

1. **Revenue Trend**: Monro's revenue fell by 3.7% year-over-year to $305.8 million in Q3 2025, which is below the estimated $311.86 million and the revenue reported in the same period of the previous year.
2. **Expense Trend**: The company's operating expenses increased to $94.8 million, which represents 31% of sales. This is a higher percentage compared to the previous year period, where operating expenses were $28.7% of sales. This indicates that despite the revenue decline, the company's expenses are growing at a faster rate, potentially squeezing profit margins.
3. **Profitability Impact**: The net income for Q3 2025 was $4.6 million, which is a significant drop from the $12.2 million reported in the same period of the previous year. The diluted earnings per share (EPS) also decreased to $0.15, compared to $0.38 in the previous year. This reflects a challenging profitability period for the company.

In summary, Monro experienced a decline in revenue and a rise in expenses, leading to a decrease in net income and profitability in Q3 2025.