Monro Muffler (MNRO) Tops Q1 EPS by 1c; Updates FY17 Outlook

Monro Muffler (NASDAQ: MNRO) reported Q1 EPS of $0.50, $0.01 better than the analyst estimate of $0.49. Revenue for the quarter came in at $236.9 million versus the consensus estimate of $236.25 million.

Comparable store sales decreased approximately 3% for tires, 6% for maintenance services, 7% for alignments, 13% for brakes, 15% for front end/shocks and 16% for exhaust.

GUIDANCE:

Monro Muffler sees FY2017 EPS of $2.05-$2.20. Monro Muffler sees FY2017 revenue of $1.0-1.03 million.

For earnings history and earnings-related data on Monro Muffler (MNRO) click here.

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