|Last Price$93.57||Day Change (%)-0.18%|
|Open Price$93.42||Day Change ($)-0.17|
|Day Range92.99–93.82||52-Week Range82.15–109.00|
As of Thu 5/21/2015 5:12:00 PM | USD
Monro's acquisition strategy is creating a virtuous cost-advantage cycle, but shares don’t come cheap at the moment, writes Morningstar’s Todd Wenning.
Despite a recent sales-growth slowdown, we remain positive on narrow-moat AutoZone, Genuine Parts , Advance, and O'Reilly over the longer run.
O'Reilly and Advance have expanded their store bases through acquisitions and organic growth, enhancing their cost advantages.