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MONRO REPORTS THIRD QUARTER EARNINGS

 MONRO REPORTS THIRD QUARTER EARNINGS
 ROCHESTER, N.Y., Jan. 29 /PRNewswire/ -- Monro Muffler Brake, Inc.


(NASDAQ: MNRO) announced today that sales for the third quarter ended Dec. 31, 1991 were $15.9 million, a $1.1 million, or 7.4 percent, increase over the third quarter of last year. Net income was $1.0 million up 14.3 percent from the same period last year. Earnings per share for the third quarter were $ .15, up from $ .14 for the comparable quarter of last year.
 Sales for the nine months of this year were $54.4 million, an increase of $4.6 million, or 9.2 percent, over the nine months of last year. Net income was $4.8 million up 8.8 percent over last year. Earnings per share for the first nine months were $.71 up from $.68 last year.
 Monro operates a chain of shops providing automotive undercar repair services in the United States. The company currently operates 156 shops in New York, Pennsylvania, Ohio, Connecticut, Massachusetts, West Virginia and Maryland. Monro's shops provide a full range of services for exhaust systems, brakes, steering, suspension and wheel alignment.
 MONRO MUFFLER BRAKE, INC.
 Financial Highlights
 (Unaudited)
 For the Quarter Ended December 31
 1991 1990 Pct. Change
 (Dollars in thousands, except per share amounts)
 Sales $15,907 $14,809 7.4
 Cost of sales, including
 distribution & occupancy costs 8,852 8,236 7.5
 Gross profit 7,055 6,573 7.3
 Operating, selling, general
 and administrative expenses 4,822 4,466 8.0
 Operating income 2,233 2,107 6.0
 Interest expense - net 478 585 (18.3)
 Income before provision for
 income taxes 1,756 1,535 14.4
 Provision for income taxes 736 643 14.5
 Net income 1,020 892 14.3
 Earnings per share $ .15 $ .14
 Weighted average number of
 shares of common stock
 (including common stock
 equivalents) (000) 6,923 6,569
 Number of shops open
 (at end of quarter) 156 138
 MONRO MUFFLER BRAKE, INC.
 Financial Highlights
 (Unaudited)
 For the Nine Months Ended December 31
 1991 1990 Pct. Change
 (Dollars in thousands, except per share amounts)
 Sales $54,454 $49,867 9.2
 Cost of sales, including
 distribution & occupancy costs 28,939 26,259 10.2
 Gross profit 25,515 23,608 8.1
 Operating, selling, general
 and administrative expenses 15,599 14,151 10.2
 Operating income 9,916 9,457 4.9
 Interest expense - net 1,601 1,799 (11.0)
 Income before provision for
 income taxes 8,320 7,650 8.8
 Provision for income taxes 3,486 3,205 8.8
 Net income 4,834 4,445 8.8
 Earnings per share $ .71 $ .68
 Weighted average number of
 shares of common stock
 (including common stock
 equivalents) (000) 6,769 6,569
 -0- 1/29/92
 /CONTACT: Jack M. Gallagher, President and chief executive officer, 716-427-2280, or Jarret J. Lobb, vice president - Finance and chief financial officer 716-427-2280, both of Monro Muffler Brake, Inc./
 (MNRO) CO: Monro Muffler Brake, Inc. ST: New York IN: AUT SU: ERN


CG -- CL012 -- 4721 01/29/92 12:00 EST
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