Monro Muffler Brake
The 10-second takeaway
For the quarter ended Dec. 29 (Q3), Monro Muffler Brake met expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share shrank significantly.
Margins contracted across the board.
Monro Muffler Brake chalked up revenue of $190.4 million. The eight analysts polled by S&P Capital IQ looked for net sales of $188.9 million on the same basis. GAAP reported sales were 7.8% higher than the prior-year quarter's $176.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.35. The seven earnings estimates compiled by S&P Capital IQ forecast $0.36 per share. GAAP EPS of $0.35 for Q3 were 17% lower than the prior-year quarter's $0.42 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 36.6%, 180 basis points worse than the prior-year quarter. Operating margin was 9.9%, 290 basis points worse than the prior-year quarter. Net margin was 5.9%, 180 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $191.1 million. On the bottom line, the average EPS estimate is $0.36.
Next year's average estimate for revenue is $725.7 million. The average EPS estimate is $1.43.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 77 members out of 90 rating the stock outperform, and 13 members rating it underperform. Among 27 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 24 give Monro Muffler Brake a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Monro Muffler Brake is outperform, with an average price target of $37.57.
The rich are different than you and me: They might not notice the moneymaking stories right under our noses. In our new report, "Middle-Class Millionaire-Makers: 3 Stocks Wall Street's Too Rich to Notice," we give you three Peter Lynch-inspired buy-what-you-know stocks for the 99%. Click here for instant access to this free report.
- Add Monro Muffler Brake to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.