Monro Muffler (MNRO) Misses Q1 EPS by 1c

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Monro Muffler Brake, Inc. Provides First Quarter Fiscal 2018 Financial Results

July 20, 2017 7:30 AM EDT

~ First Quarter Sales Increase 18% to a Record $278.5 Million ~~ First Quarter EPS of $.53, Including $.02 of Costs Related to Management Transition, versus $.50 in Prior Year Period ~~ Adjusts Fiscal 2018 Diluted EPS Guidance to $2.05 to $2.20, as a result of $.06 in Management Transition Costs ~~ Signs Definitive Agreements to Acquire 20 Stores with Annualized Sales of $13 Million ~

ROCHESTER, N.Y., July 20, 2017 (GLOBE NEWSWIRE) -- Monro Muffler Brake, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today provided financial results for its first quarter ended June 24, 2017.

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