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Monro Inc (MNRO.OQ)

MNRO.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Monro reports Q2 EPS of $0.55 excluding items
Tuesday, 24 Oct 2017 07:30am EDT 

Oct 24 (Reuters) - Monro Inc :Monro Inc announces second quarter fiscal 2018 financial results.Q2 sales $278 million versus I/B/E/S view $276.6 million.Q2 earnings per share $0.52.Sees FY 2018 sales up 9 to 12 percent.Sees FY 2018 sales $1.115 billion to $1.145 billion.Sees FY 2018 earnings per share $1.95 to $2.10 including items.Q2 earnings per share $0.55 excluding items.Q2 earnings per share view $0.54 -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $2.13, revenue view $1.15 billion -- Thomson Reuters I/B/E/S.Monro Inc - ‍guidance for fiscal 2018 comparable store sales has been revised to a range of down 1.0 percent to an increase of 1.0 percent on a 52-week basis​.Monro - ‍diluted 2018 EPS guidance reflects about $0.10 of contribution from 53rd week, $0.15 to $0.19 in accretion from recent acquisitions​.Monro Inc - ‍is currently reviewing its guidance policy and will provide an update in its Q4 fiscal 2018 earnings release​.  Full Article

Monro Muffler Brake Inc provides Q1 fiscal 2018 financial results
Thursday, 20 Jul 2017 07:30am EDT 

July 20 (Reuters) - Monro Muffler Brake Inc :Sees Q2 2018 sales $278 million to $285 million.Q1 sales $278.5 million versus I/B/E/S view $270.7 million.Sees FY 2018 earnings per share $2.05 to $2.20 including items.Sees Q2 2018 earnings per share $0.52 to $0.56.Q1 earnings per share $0.53.Q1 earnings per share view $0.54 -- Thomson Reuters I/B/E/S.Monro Muffler Brake Inc - Q1 EPS of $.53.Monro Muffler Brake Inc sees fiscal 2018 sales to be in range of $1.135 billion to $1.155 billion.Monro Muffler Brake Inc sees 2018 comparable store sales increase in range of 1.5 percent to 2.5 percent on a 52-week basis.Monro Muffler Brake Inc - fiscal 2018 Q2 sales guidance is based on a comparable store sales increase of 1.0 percent to 2.5 percent.Monro Muffler Brake Inc qtrly comparable store sales increase of 1.4 percent, as compared to a decrease of 6.9 percent in prior year period.Monro Muffler Brake Inc - signed definitive agreements to acquire 20 stores, including eight from an existing Car-X franchisee.Monro Muffler Brake - acquisition of 20 stores expected to add about $13 million in annualized sales, representing a sales mix of 95 percent service, 5 percent tires.Monro Muffler Brake - twelve of 20 stores will operate under Monro name and remaining eight will continue to operate under Car-X brand.Monro Muffler Brake Inc - acquisition of 20 stores expected to be breakeven to diluted earnings per share in fiscal 2018.  Full Article

Monro Muffler Brake announces succession, appoints Brett Ponton as its next president and CEO
Wednesday, 28 Jun 2017 08:08am EDT 

June 28 (Reuters) - Monro Muffler Brake Inc :Monro Muffler Brake, Inc. announces succession, appoints Brett Ponton as its next president and chief executive officer.Monro Muffler Brake Inc - Ponton will succeed John Van Heel, who has decided not to renew his long-term contract when it expires on October 1, 2017.Monro Muffler Brake Inc - John Van Heel will continue as CEO until end of contract on October 1,then act as an advisor to company through March 2018.Monro Muffler Brake Inc - Robert Gross, prior executive chairman, to retire from board and company.Monro Muffler Brake Inc - Robert Mellor elected independent chairman of board, effective immediately.  Full Article

Monro Muffler Brake reports Q4 earnings per share $0.29
Thursday, 18 May 2017 07:30am EDT 

May 18 (Reuters) - Monro Muffler Brake Inc :Monro Muffler Brake, Inc. provides fourth quarter and fiscal 2017 financial results.Q4 earnings per share $0.29.Q4 sales $252 million versus I/B/E/S view $255 million.Q4 earnings per share view $0.29 -- Thomson Reuters I/B/E/S.Sees FY 2018 earnings per share $2.10 to $2.30.Sees FY 2018 sales $1.125 billion to $1.155 billion.Sees FY 2018 sales up 10 to 13 percent.Sees Q1 2018 sales $270 million to $275 million.Increases quarterly cash dividend by 6% to $.18 per share.Monro Muffler Brake Q4 comp store sales declined about 1% for brakes, 6% for maintenance services,7% for front end/shocks,8% for alignments,11% for tires.Sees Q1 earnings per share $0.52 to $0.56.Monro Muffler Brake-acquisitions completed in fiscal 2017 expected to add $150 million in annualized sales; 16 percent in annualized sales growth over 2016.Monro Muffler Brake Inc - fiscal 2017 acquisitions are expected to increase company's tire purchases by approximately 25% over fiscal 2016.Monro Muffler Brake Inc sees Q1 comparable store sales to increase 2.0 percent to 3.0 percent, as compared to a 6.9 percent decline in prior fiscal year period.Monro Muffler Brake-fiscal 2018 sales guidance assumes comparable store sales increase of 2% - 4% on 52-week basis(4% - 6% including extra week in q4).Monro Muffler Brake - comparable store sales for fiscal april increased approximately 3 percent and are up approximately 2 percent month-to-date in fiscal may.  Full Article

Monro Muffler Brake Inc reports 8 pct decline in Q4 comparable store sales
Thursday, 4 May 2017 04:01pm EDT 

May 4 (Reuters) - Monro Muffler Brake Inc :Provides business update and announces conference call and webcast of fiscal 2017 fourth quarter results.Sees fy 2017 earnings per share $1.85.Q4 sales $252 million versus I/B/E/S view $262 million.Sees fy 2018 earnings per share $2.10 to $2.30.Sees q4 earnings per share $0.29.For q4 of fiscal 2017, Co saw 8% decline in comparable store sales.Fy2018 earnings per share view $2.29 -- Thomson Reuters I/B/E/S.Q4 earnings per share view $0.40, revenue view $262.0 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $1.96 -- Thomson Reuters I/B/E/S.  Full Article

Monro Muffler Brake Inc Q3 earnings per share $0.53
Wednesday, 1 Feb 2017 08:00am EST 

Monro Muffler Brake Inc : Monro Muffler Brake, Inc. announces third quarter fiscal 2017 financial results . Q3 sales $288.3 million versus i/b/e/s view $275 million . Sees Q4 2017 earnings per share $0.39 to $0.44 . Sees Q4 2017 sales $262 million to $268 million . Q3 earnings per share view $0.52 -- Thomson Reuters I/B/E/ . Updates FY 2017 earnings per share outlook to $1.95 to $2.00 . Sees FY 2017 sales $1.032 billion to $1.038 billion . Q3 earnings per share $0.53 . FY2017 earnings per share view $2.07 -- Thomson Reuters I/B/E/S . Qtrly comparable store sales increased 2.3% . Signs definitive agreement to acquire 16 stores . Q4 earnings per share view $0.50 -- Thomson Reuters I/B/E/S . Qtrly comparable store sales increased approximately 6% for tires and were flat for maintenance services . Qtrly comparable store sales declined approximately 2% for alignments, 3% for brakes and 5% for front end/shocks . Has signed definitive agreement to acquire 16 stores from a Car-X franchisee, including 13 locations in Illinois, 3 locations in Iowa . New 16 stores are expected to add approximately $15 million in annualized sales and will continue to operate under Car-X brand . Fiscal 2017 comparable store sales guidance has been revised to a decline in range of 3.0% to 2.5% . Sees Q4 comparable store sales decline of 2.5% to 1.0% . Q4 earnings per share view $0.50, revenue view $269.7 million -- Thomson Reuters I/B/E/S.  Full Article

Monro Muffler Brake appoints Brian J. D'ambrosia as CFO
Monday, 2 Jan 2017 07:30am EST 

Monro Muffler Brake Inc : Brian J. D’Ambrosia appointed chief financial officer of Monro Muffler Brake, Inc. Effective January 1, 2017 . Monro Muffler Brake Inc says D'ambrosia succeeds Catherine D'amico as CFO .Monro Muffler Brake Inc says Catherine D'amico will remain with company as director of special projects at least through August 2018.  Full Article

Monro Muffler Brake says July same store sales fell 4.8 pct
Thursday, 28 Jul 2016 07:30am EDT 

Monro Muffler Brake Inc : Announces first quarter fiscal 2017 financial results . Sees FY 2017 earnings per share $2.05 to $2.20 . Q1 sales $236.9 million versus I/B/E/S view $236.3 million . July same store sales fell 4.8 percent . Reaffirms Q2 2017 earnings per share view $0.53 to $0.58 . Q1 earnings per share $0.50 . Sees Q2 2017 sales $245 million to $255 million . Sees FY 2017 sales $1.0 billion to $1.03 billion . Q1 earnings per share view $0.49 -- Thomson Reuters I/B/E/S . Q2 earnings per share view $0.58, revenue view $248.8 million -- Thomson Reuters I/B/E/S . Says for Q2 of fiscal 2017, company anticipates comparable store sales to decrease 2% to 5% . FY2017 earnings per share view $2.12, revenue view $1.00 billion -- Thomson Reuters I/B/E/S . Remain cautious in short-term due to a choppy sales environment .Says fiscal 2017 sales guidance assumes a comparable store sales range of flat to a decline of 2.0%.  Full Article

Monro Muffler Brake sees FY 2017 sales $980 mln-$1.01 bln
Thursday, 19 May 2016 07:30am EDT 

Monro Muffler Brake Inc : Qtrly comparable store sales increased approximately 5% for both alignments and brakes and 2% for tires . Approved a $.02 increase in company's cash dividend for q1 of fiscal year 2017 to $.17 . Fiscal 2017 sales guidance assumes a comparable store sales decrease of 2.0% to flat . For q1 of fiscal 2017, company anticipates comparable store sales to decrease 8.0% to 5.0% . Q1 earnings per share view $0.67, revenue view $259.1 million -- Thomson Reuters I/B/E/S . Fy2017 earnings per share view $2.46, revenue view $1.04 billion -- Thomson Reuters I/B/E/S . Monro muffler brake, inc. Announces fourth quarter and fiscal 2016 financial results . Sees fy 2017 earnings per share $2.05 to $2.20 . Sees q1 earnings per share $0.47 to $0.51 . Q4 sales $229 million versus i/b/e/s view $238.6 million . Q4 earnings per share $0.42 . Sees q1 2017 sales $230 million to $240 million . Sees fy 2017 sales $980 million to $1.01 billion .Q4 earnings per share view $0.45 -- Thomson Reuters I/B/E/S.  Full Article

Monro Muffler Brake declares quarterly cash dividend
Monday, 22 Feb 2016 04:00pm EST 

Monro Muffler Brake:Declared a quarterly cash dividend of $.15 per share on the Company's outstanding shares of common stock, including the shares of common stock to which the holders of the Company's Class C Convertible Preferred Stock are entitled.Dividend is payable on March 25, 2016 to shareholders of record at the close of business on March 15, 2016.  Full Article

BRIEF-Monro reports Q2 EPS of $0.55 excluding items

* Monro Inc announces second quarter fiscal 2018 financial results