Monro Muffler (MNRO) Raises Quarterly Dividend 10% to $0.22; 1.1% Yield

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Monro, Inc. Announces Fourth Quarter and Fiscal 2019 Financial Results

May 21, 2019 7:30 AM EDT

~ Fiscal 2019 Sales Increase 6.4% to a Record $1.2 Billion; Diluted EPS Up 23.4% to a Record $2.37 ~~Total Annualized Sales from Acquisitions Completed and Announced in Fiscal 2019 of $132 Million ~~ Fiscal 2020 Sales Guidance of $1.295 to $1.325 Billion, an Increase of 8% to 10% ~~ Fiscal 2020 Diluted EPS Guidance of $2.55 to $2.75, an Increase of 8% to 16% ~~ Increases Quarterly Cash Dividend by 10% to $.22 per share ~~ Expands Collaboration with Amazon.com to Provide Tire Installation Services ~~ Extends Revolving Credit... More