|Last Price$85.21||Day Change (%)-0.42%|
|Open Price$85.46||Day Change ($)-0.36|
|Day Range85.03–85.59||52-Week Range78.76–109.00|
As of Mon 10/12/2015 5:56:00 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.