Monro Muffler sees lower Q4, '07 earnings

Newswire

March 26 (Reuters) - Monro Muffler Brake Inc. lowered its fourth quarter and full-year earnings forecasts, saying it now expects fourth-quarter earnings to be 25 cents to 27 cents a share. The company had said it previously expected fourth-quarter earnings in the range of 37 cents to 40 cents a share. In a statement, the auto repair chain operator said for fiscal 2007 it expects earnings to be $1.54 to $1.56 per share on sales of about $415 million. (Reporting by Neetha Mahadevan in ...

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