Tue, Jan. 27, 8:20 AM
- Monro Muffler (NASDAQ:MNRO) reports comparable-store sales fell 1.8%.
- The comp increased ~10.0% for alignment and 2.0% for brakes.
- Gross profit rate increased 14 bps to 38.13%.
- Operating margin rate declined 61 bps to 11.82%.
- Q4 Guidance: Comparable-store sales: ~flat to +2%; Dilted EPS: $0.36 to $0.40.
- FY2015 Guidance: Comparable-store sales: ~flat to -0.5%; Total sales: $900M to $905M; Dilted EPS: $1.86 to $1.90; Shares outstanding: 32.8M.
Nov. 5, 2014, 9:59 AM
- Auto supplier stocks outpace broad market averages in early action after Toyota issues a strong outlook for the fiscal year and Fiat Chrysler Automobiles keeps an aggressive stance on global production goals.
- Also factoring in are the reports this week on U.S. auto sales which showed strong demand for SUVs and trucks.
- Gainers: WABCO (NYSE:WBC) +3.0%, Meritor (NYSE:MTOR) +2.5%, Dana Holding (NYSE:DAN) +2.4%, Tenneco (NYSE:TEN) +2.1%, Monro Muffler Brake (NASDAQ:MNRO) +1.5%, Cooper-Standard Holdings (NYSE:CPS) +1.3%.
May. 22, 2014, 11:02 AM| Comment!
Feb. 6, 2014, 1:39 PM
- Shares of O'Reilly (ORLY +9.3%) are higher after the company surprises with its Q4 report to follow along with peer Advance Auto Parts (AAP +12.4%).
- The harsh winter weather appears to have created a pickup in demand at auto parts retailers and service centers.
- Sector movers: Pep Boys (PEP) +4.2%, AutoZone (AZO) +5.2%, U.S. Auto Parts (PRTS) +1.2%, LKQ Corporation (LKQ) +3.2%, Genuine Parts (GPC) +3.0%, Monro Muffler (MNRO) +2.7%, Lithia Motors (LAD) +3.8%, Sonic Automotive (SAH) +2.0%.
May. 22, 2013, 10:44 AMMonro Muffler (MNRO +2.8%), which is in the midst of an impressive two-day, post-earnings rally (now at ~11%), gets a lift from a price target hike to $63 from $45 at Stifel Nicolaus which came away from a management presentation impressed: "Comp is running +3% quarter-to-date and is expected in the +2.5-4.5% range for the full year (well ahead of our -1% expectations), GM will run flat to slightly negative in the year ahead (a little lower than our model), and SG&A leverage will run in the 100-150 bp Y/Y range (ahead of our model)." Stifel also ups its FY14 and FY15 EPS estimates on expectations of a "leverage pop." | Comment!
May. 24, 2012, 7:40 AM
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