|Last Price$91.46||Day Change (%)-0.58%|
|Open Price$92.35||Day Change ($)-0.53|
|Day Range91.26–92.66||52-Week Range82.15–109.00|
As of Mon 4/27/2015 5:33:00 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.