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MONRO REPORTS THIRD QUARTER EARNINGS

 ROCHESTER, N.Y., Jan. 27 /PRNewswire/ -- Monro Muffler Brake, Inc. (NASDAQ: MNRO) announced today that sales for the third quarter ended Dec. 31, 1992 were $17.6 million, a $1.7 million, or 10.7 percent, increase over the third quarter of last year. As expected, this quarter's sales increase was not quite large enough to cover increased costs and therefore net income was off slightly, at $0.9 million, down 9.1 percent from the same period last year. Earnings per share for the third quarter were $.13, down $.02 from the comparable quarter of last year.
 Sales for the first nine months of this year were $60.7 million, an increase of $6.3 million, or 11.6 percent, over the first nine months of last year. Net income was $5.2 million up 7.7 percent over last year. Earnings per share for the first nine months were $.75, up from $.71 last year.
 Monro operates a chain of shops providing automotive undercar repair services in the United States. The company currently operates 177 shops (up from 156 shops as of Dec. 31, 1991), in New York, Pennsylvania, Ohio, Connecticut, Massachusetts, Virginia, West Virginia, Maryland and New Hampshire. 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 -- Dollars in thousands, except per share amounts))
 For the Quarter Ended Dec. 31
 1992 1991 Pct. Change
 Sales $17,611 $15,907 10.7
 Cost of sales, including
 distribution & occupancy
 costs 10,071 8,852 13.8
 Gross profit 7,540 7,055 6.9
 Operating, selling, general
 and administrative expenses 5,468 4,822 13.4
 Operating income 2,072 2,233 (7.2)
 Interest expense - net 541 478 13.2
 Interest before provision
 for income taxes 1,558 1,756 (11.3)
 Provision for income taxes 631 736 (14.3)
 Net income 927 1,020 (9.1)
 Earnings per share $ .13 $ .15
 Weighted average number of
 shares of common stock
 (including common stock
 equivalents) (000) 6,926 6,923
 Number of shops open (at
 end of quarter) 177 156
 For the Nine Months Ended Dec. 31
 1992 1991 Pct. Change
 Sales $60,747 $54,454 11.6
 Cost of sales, including
 distribution & occupancy
 costs 32,607 28,939 12.7
 Gross profit 28,140 25,515 10.3
 Operating, selling, general
 and administrative expenses 17,816 15,599 14.2
 Operating income 10,324 9,916 4.1
 Interest expense - net 1,549 1,601 (3.2)
 Income before provision
 for income taxes 8,746 8,320 5.1
 Provision for income taxes 3,542 3,486 1.6
 Net income 5,204 4,834 7.7
 Earnings per share $ .75 $ .71
 Weighted average number of
 shares of common stock
 (including common stock
 equivalents) (000) 6,926 6,769
 -0- 1/27/93
 /CONTACT: Jack M. Gallagher, president and CEO, or Jarret J. Lobb, senior vice president - finance and CFO of Monro Muffler Brake, 716-427-2280/
 (MNRO)


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

PS-DO -- NY014 -- 9467 01/27/93 09:06 EST
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Date:Jan 27, 1993
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