Pep Boys, Monro Muffler say slow sales continue

Newswire

By David Bailey CHICAGO, Sept 24 (Reuters) - Pep Boys and Monro Muffler Brake Inc. on Friday became the latest auto parts retail and service centers to warn that lackluster early summer sales have continued into September. Pep Boys-Manny, Moe & Jack, a Philadelphia-based parts retailer and service chain whose shares fell 4 percent, said high gas prices and slow consumer spending that hurt summer results have continued into the current quarter that started Aug. 1. And Monro, which ...

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