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

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Monro, Inc. Announces First Quarter Fiscal 2019 Financial Results

July 26, 2018 7:30 AM EDT

~ 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 Investments ~~ Announces Collaboration with Amazon.com to Provide Tire Installation Services ~~ Completes 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 Million ~ ~ Increases Fiscal 2019 Sales Guidance and Reiterates EPS Guidance ~

ROCHESTER, N.Y., July 26, 2018 (GLOBE NEWSWIRE) -- Monro,... More