Monro Muffler Brake to release first quarter earnings
Monro Muffler Brake Inc. will participate in the CIBC World Markets 6th Annual Consumer Growth Conference, where Monro management will discuss the company's first quarter earnings.
Comparable store sales for the first quarter were down 2.9%, the company notes, which is in line with the company's previously stated outlook. First quarter earnings per diluted share are expected to be at the high end of the company's previously stated range of 45 cents and 48 cents.
Thus far in July, comparable store sales are down approximately 1%. In addition, the company is reiterating its outlook for full year earnings per diluted share to be in the range of $1.68 and $1.76.
The company's presentation is scheduled for Wednesday, July 12, 2006, at 12 p.m. Eastern Time. A Webcast of the presentation will be available at http://www.veracast.com/webcasts/cibcwm/consumer06/61207396.cfm and will be archived for 90 days. In addition, the presentation slides can be accessed at www.monro.com, under the Investor Information section.
The company plans to report full first quarter results on July 18. It will broadcast a live conference call at 11 a.m. Eastern Time at www.vcall.com. An archive of the Webcast will be available on the Web site an hour after the live call through midnight Aug. 2, 2006.