Monro Muffler (MNRO) Misses Q1 EPS by 1c; Comps Fell 0.4%

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Monro Muffler Brake, Inc. Announces Record First Quarter Fiscal 2016 Financial Results

July 23, 2015 7:30 AM EDT

~ First Quarter Sales Increase 9% to a Record $236.5 Million ~

~ First Quarter Net Income Increases 11% to a Record $18.8 Million; Record EPS of $.57 ~

~ Signs Definitive Agreements to Acquire 31 Stores with Annualized Sales of $31 Million ~

~ Initiates Second Quarter Fiscal 2016 EPS Guidance of $.54 to $.59 ~

ROCHESTER, N.Y., July 23, 2015 (GLOBE NEWSWIRE) -- Monro Muffler Brake, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its first quarter ended June 27, 2015.

First Quarter... More