UPDATE 1-Monro Muffler posts flat profit, raises outlook

Newswire

(Adds CEO comments, other details throughout, updates stock activity) ROCHESTER, N.Y., July 25 (Reuters) - Automotive repair chain Monro Muffler Brake Inc. on Thursday reported a flat quarterly net profit as sales at shops open at least a year were little changed, but gave a rosier full-year outlook. After a slow start to the fiscal first quarter, comparable-store sales increased more than 4 percent over the past 10 weeks, the company said, prompting it to raise its earnings guidance for ...

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