|Last Price$89.44||Day Change (%)-0.06%|
|Open Price$89.25||Day Change ($)-0.05|
|Day Range87.91–89.50||52-Week Range82.15–109.00|
As of Tue 7/7/2015 5:24:00 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.