Attached files

file filename
8-K - FORM 8-K - MONRO, INC.d14763d8k.htm

Exhibit 99.1

 

CONTACT:    John Van Heel
   Chief Executive Officer
   (585) 647-6400
   Robert Gross
   Executive Chairman
   (585) 647-6400
   Catherine D’Amico
   Executive Vice President – Finance
   Chief Financial Officer
   (585) 647-6400
   Investors: Effie Veres
   Media: Kelly Whitten
   FTI Consulting
   (212) 850-5600

FOR IMMEDIATE RELEASE

MONRO MUFFLER BRAKE, INC. DECLARES QUARTERLY CASH DIVIDEND

ROCHESTER, N.Y. – December 4, 2015 – Monro Muffler Brake, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced that its Board of Directors has declared a quarterly cash dividend of $.15 per share on the Company’s outstanding shares of common stock, including the shares of common stock to which the holders of the Company’s Class C Convertible Preferred Stock are entitled. The dividend is payable on December 24, 2015 to shareholders of record at the close of business on December 14, 2015.

About Monro Muffler Brake

Monro Muffler Brake operates a chain of stores providing automotive undercar repair and tire services in the United States, operating under the brand names of Monro Muffler Brake and Service, Mr. Tire, Tread Quarters Discount Tires, Autotire, Tire Warehouse, Tire Barn, Ken Towery’s Tire and Auto Care, The Tire Choice and Car-X. The Company currently operates 1,028 Company stores in 25 states and is the franchisor of 142 Car-X stores in ten states. Monro’s stores provide a full range of services for brake systems, steering and suspension systems, tires, exhaust systems and many vehicle maintenance services.

###