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Monro, Inc. (NASDAQ:MNRO)

WEB NEWS

Sunday, July 26, 2009

Comments & Business Outlook

Robert G. Gross, Chairman and Chief Executive Officer, stated, "We are pleased with our results for the first quarter and our ability to extend our strong performance of last year into the new fiscal year, especially given ongoing challenges in the economic environment. Our team's exceptional execution led to comparable store sales growth of 6.2% as well as continued expansion in gross margin and substantial growth in operating income.

Based on current visibility and business and economic trends, the Company anticipates comparable store sales growth in the range of 5% to 7% for the second quarter of fiscal 2010.

For fiscal 2010, the Company continues to anticipate comparable store sales growth in the range of 4% to 7%.

Monro Muffler Brake introduced 2009 second quarter financial guidance and increased its previously issued 2009 full year earnings per share guidance.

2nd Quarter 2009 Guidance Ending September ^a

	2nd Quarter 2009 Guidance	2nd Quarter 2008 Reported	Period Change
GAAP EPS	$.43 to $.48	$.38	13.2% to 26.3%

Source: See Release, July 23, 2009

FULL YEAR 2009 Guidance Ending March ^a

	Full Year 2009 Guidance	Full Year 2008 Reported	Period Change
GAAP Revenue	$515.0 to $530.0 million	$476.1 million	8.2% to 11.3%
GAAP EPS	$1.35 to $1.45	$1.20	12.5% to 20.1%

Source: See Release, July 23, 2009

^aThe above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement.

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Sunday, January 25, 2009

Comments & Business Outlook

Guidance Report:

Fourth Quarter Fiscal 2009 Ending March

Revenue	Same Store Sales Growth	Diluted EPS
NA	4% to 7%	$.09 to $.14

Full Year Fiscal 2009

Revenue	Same Store Sales Growth	Diluted EPS
$467 million to $471 million	5% to 6%	$1.14 to $1.19

Previous Full Year Fiscal 2009 Guidance

Revenue	Same Store Sales Growth	Diluted EPS
$460 million to $465 million	3% to 4%	$1.14 to $1.19

"We are very encouraged by our performance through the first nine months of fiscal 2009. Our business continues to perform well into the new calendar year with comparable store sale increases for January of 15%, with only three days left in the month. Notably, we remain on track to deliver our eighth consecutive year of positive comparable store sales results, highlighting our Company's ability to thrive during both strong and weak economies. That said, while we are certainly pleased with our performance to date this year, we recognize that we are operating in an environment of a weak economy and consumer confidence, and therefore remain cautiously optimistic about our prospects for the remainder of the fiscal year 2009. In addition, we will continue to actively evaluate the competitive landscape and pursue additional acquisitions when we believe that purchase prices are at appropriate levels."

Source: GlobeNewswire (January 22, 2009)

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