Fed Expectations & Car Talk With Michael Broderick, CEO of Monro
RiskReversal Pod
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Automotive Aftermark Parts - Are You Seeing Any Change in Behavior?
The automotive service is different than the automotive aftermark parts where you have three or four or five big competitors in a marketplace. So when you look at these big markets that we're just not in, it just gives us an opportunity for years to come. We're obviously in a different environment, interest rates are dramatically higher. And the consumer with inflation being higher, exceeding wage growth, they're beginning to feel crimped,. particularly the middle and lower income consumer.
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