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MONRO REPORTS FOURTH QUARTER AND ANNUAL EARNINGS

 ROCHESTER, N.Y., May 10 /PRNewswire/ -- Monro Muffler Brake, Inc. (NASDAQ: MNRO) announced today sales and earnings increases in its fourth quarter ended March 31, 1993. Net income for the period increased 9.2 percent from $870,000 last year to $950,000 this year. Sales for the period increased from $16.0 million last year to $17.8 million this year for an increase of 11.2 percent. Earnings per share for the quarter were $.14 versus $.13 last year.
 Comparable shop sales showed an increase of 2.1 percent for the quarter despite one less sales day and inclement weather in both February and March. This increase compared to an increase of 5.9 percent for last year's fourth quarter and 2.9 percent for the last full fiscal year. The company also reported that in April 1993 (first month of the new fiscal year) sales were strong with high single digit comparable store growth.
 Sales for the fiscal year ended March 31, 1993 were $78.5 million, an increase of $8.1 million, or 11.5 percent, over the previous fiscal year. Net income for the fiscal year was $6.2 million, up 7.9 percent over the previous year's net income of $5.7 million. Earnings per share for the fiscal year were $.89, up from $.84 for the previous year.
 Monro operates a chain of shops providing automotive undercar repair services in the United States. The company opened 23 stores in fiscal 1993 and currently operates 184 shops in New York, Pennsylvania, Ohio, Connecticut, Massachusetts, West Virginia, Virginia, Maryland, New Hampshire and Vermont. Monro's shops provide a full range of services for exhaust systems, brakes, steering, suspension and wheel alignment.
 MONRO MUFFLER BRAKE, INC.
 Financial Highlights
 (Dollars in thousands, except per share amounts)
 Quarter ended March 31 1993 1992 Pct. Change
 Sales 17,760 15,970 11.2
 Cost of sales, including
 distributions & occupancy costs 9,984 6,552 16.7
 Gross profit 7,776 7,418 4.8
 Operating, selling, general
 & admin. expenses 5,795 5,411 7.1
 Operating income 1,981 2,007 (1.3)
 Interest expense - net 525 541 (3.0)
 Income before provision
 for income taxes 1,528 1,478 (3.4)
 Provision for income taxes 578 608 (4.9)
 Net income 950 870 9.2
 Earnings per share $ .14 $ .13
 Weighted average number of shares
 of common stock (including common
 stock equivalents) (000) 6,925 6,929
 Number of shops open
 (at end of quarter) 184 161
 MONRO MUFFLER BRAKE, INC.
 Financial Highlights
 (Dollars in thousands, except per share amounts)
 Year ended March 31 1993 1992 Pct. Change
 Sales $78,507 $70,424 11.5
 Cost of sales, including distrib.
 and occupancy costs 42,591 37,491 13.6
 Gross profit 35,916 32,933 9.1
 Operating, selling, general and
 admin. expenses 23,611 21,010 12.4
 Operating income 12,305 11,923 3.2
 Interest expense - net 2,074 2,142 (3.2)
 Income before provision for
 income taxes 10,274 9,798 4.9
 Provision for income taxes 4,120 4,094 0.6
 Net income 6,154 5,704 7.9
 Earnings per share $ .89 $ .84
 Weighted average number of shares
 of common stock (including common
 stock equivalents) (000) 6,925 6,815
 -0- 5/10/93
 /CONTACT: Sam Hoyt of Howard J. Rubenstein Associates, Inc., 212-489-6900, for Monro Muffler Brake, Inc./
 (MNRO)


CO: Monro Muffler Brake, Inc. ST: New York IN: REA SU: ERN

TS-KW -- NY064 -- 6538 05/10/93 14:05 EDT
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Date:May 10, 1993
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