Monro Muffler (MNRO) Misses Q2 EPS by 3c; Comps Fell 4.3%; Updates FY17 Outlook

Monro Muffler (NASDAQ: MNRO) reported Q2 EPS of $0.53, $0.03 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $248.6 million versus the consensus estimate of $249.32 million.

Comps fell 4.3 percent, versus a drop of 3.6 percent expected.

GUIDANCE:

Monro Muffler sees Q3 2017 EPS of $0.51-$0.55, versus the consensus of $0.53.

Monro Muffler sees FY2017 EPS of $2.00-$2.10, versus prior guidance of $2.05-$2.20 and the consensus of $2.15. Monro Muffler sees FY2017 revenue of $1.03-1.40 billion, versus the consensus of $1.01 billion.

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

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