Monro Will Report Results on Oct. 22
Monro Muffler Brake Inc. will release fiscal 2016 second quarter earnings on Oct. 22, 2015. The company will host a conference call and audio webcast that day at 11:00 a.m. Eastern Time.
The conference call may be accessed by dialing 1-888-505-4375 and using the required pass code 5543603.
A replay will be available approximately two hours after the recording through Thursday, Nov. 5, 2015, and can be accessed by dialing 1-877-870-5176.
The live conference call and replay can also be accessed via audio webcast at the Investor Information section of the company's website at www.monro.com. An archive will be available at this website through Nov. 5, 2015.
Monro posted net income of $18.8 million on net sales of $236.5 million for its first quarter ended June 27, 2015. In its financial release for the first quarter, the company stated it has more than 10 non-disclosure agreements in the hopper.
John Van Heel, CEO and president of Monro, said the company’s next potential acquisitions “are all within our markets.” They include store chains of five to 40 locations. Van Heel noted the prospective deals are “all very consistent” with what Monro has acquired and said in the past about its growth strategy. For details read “UPDATE: Flat tire sales, but more acquisitions for Monro” and “Monro has many more tricks up its sleeve.”