Monro Muffler 1st-qtr net, same-store sales flat

Newswire

ROCHESTER, N.Y., July 25 (Reuters) - Monro Muffler Brake Inc. , an operator of automotive repair shops, on Thursday said quarterly earnings were flat as sales at locations open at least one year were little changed. But the company said comparable-store sales increased more than 4 percent over the past 10 weeks and raised its full-year 2003 earnings estimate to a range of $1.40 to $1.44 a share from previous guidance of $1.35 to $1.40. The company also forecast second-quarter earnings of ...

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