Monro, Inc. Announces First Quarter Fiscal 2019 Financial Results

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Monro Muffler (MNRO) Misses Q1 EPS by 4c, Revenues Miss; Boosts FY18 Revenue Outlook

July 26, 2018 7:38 AM EDT

Monro Muffler (NASDAQ: MNRO) reported Q1 EPS of $0.62, $0.04 worse than the analyst estimate of $0.66. Revenue for the quarter came in at $295.8 million versus the consensus estimate of $297.39 million.

First Quarter Sales Increase 6.2% to a Record $295.8 Million, Comparable Store Sales Increase 1.9%First Quarter Diluted EPS Increases 17.0% to a Record $.62, including $.02 of One-Time Costs Related to Monro.Forward InvestmentsAnnounces Collaboration with Amazon.com to Provide Tire Installation ServicesCompletes Acquisition of Eight Stores and Signs Definitive Agreement to Acquire Seven Stores, Bringing Total Fiscal 2019 Year-to-Date Annualized Sales from Acquisitions to $63... More