-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VdY2WD7UhZuqAG7mH1kerUP/2ppY4kgmnKFWwOYAUumIRa4eKCl07mbgDfLaXfaC c/CrFDU5oXk7XVVw+imYBw== 0000950152-03-003928.txt : 20030403 0000950152-03-003928.hdr.sgml : 20030403 20030403144826 ACCESSION NUMBER: 0000950152-03-003928 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030331 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030403 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MONRO MUFFLER BRAKE INC CENTRAL INDEX KEY: 0000876427 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTOMOTIVE REPAIR, SERVICES & PARKING [7500] IRS NUMBER: 160838627 STATE OF INCORPORATION: NY FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19357 FILM NUMBER: 03638289 BUSINESS ADDRESS: STREET 1: 200 HOLLEDER PKWY CITY: ROCHESTER STATE: NY ZIP: 14615-3808 BUSINESS PHONE: 7166476400 8-K 1 l00096ae8vk.txt MONRO MUFFLER BRAKE, INC. 03-31-2003 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Date of Report (Date of Earliest Event Reported): March 31, 2003 MONRO MUFFLER BRAKE, INC. ------------------------------------------------------ (Exact name of registrant as specified in its charter) New York 0-19357 16-0838627 - -------------------------------------------------------------------------------- (State of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 200 Holleder Parkway, Rochester, New York 14615 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (585) 647-6400 - -------------------------------------------------------------------------------- Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. - --------------------------------------------------------------------------- (a) Not applicable. (b) Not applicable. (c) The following is a list of exhibits furnished with this Current Report on Form 8-K: Exhibit No. Description - ----------- ----------- 99.1 Press Release dated March 31, 2003 Item 9. Regulation FD Disclosure - --------------------------------- On March 31, 2003, the Registrant issued a press release announcing that it expects to exceed its previously disclosed earnings expectations for the fiscal quarter and annual periods ended March 29, 2003. A copy of the press release is furnished herewith. The information required under Item 12 of Form 8-K has been furnished under Item 9 in accordance with the Securities and Exchange Commission's interim guidance for such disclosures. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MONRO MUFFLER BRAKE, INC. ------------------------- (Registrant) April 3, 2003 By: /s/ Catherine D'Amico ------------------------------------------ Catherine D'Amico Executive Vice President-Finance & CFO EX-99.1 3 l00096aexv99w1.txt EX-99.1 PRESS RELEASE EXHIBIT 99.1 CONTACT: Robert Gross President and Chief Executive Officer (585) 647-6400 Catherine D'Amico Executive Vice President - Finance Chief Financial Officer (585) 647-6400 Investor Relations: Suzanne Rosenberg/Melissa Myron Media Contact: Stephanie Sampiere FD Morgen-Walke (212) 850-5600 FOR IMMEDIATE RELEASE - --------------------- MONRO MUFFLER BRAKE, INC. TO EXCEED FOURTH QUARTER AND FISCAL 2003 EARNINGS EXPECTATIONS ~ Q4 COMPARABLE STORE SALES INCREASE APPROXIMATELY 7% ~ ~ COMPANY ESTIMATES FISCAL 2003 EPS IN THE RANGE OF $1.44 TO $1.46 ~ ROCHESTER, N.Y. - MARCH 31, 2003 - MONRO MUFFLER BRAKE, INC. (NASDAQ: MNRO) announced today that it expects to exceed the Company's previously issued earnings estimates for the fourth quarter and fiscal year ended March 29, 2003. The Company now anticipates earnings per diluted share for the fiscal year to range between $1.44 and $1.46, compared to its previous earnings estimate of $1.41 to $1.43 per diluted share. For the fourth quarter, the Company projects earnings per diluted share in the range of $0.24 to $0.26, an increase from earnings per diluted share of $0.21 to $0.23, previously forecasted. The Company plans to release its fourth quarter and fiscal 2003 results during the week of May 19, 2003. Robert G. Gross, President and Chief Executive Officer of Monro, commented, "Our better-than-anticipated results are being driven by an estimated 7% comparable store sales gain in the fourth quarter, resulting largely from continued increases in store traffic, scheduled maintenance services and tire sales. This strong performance is a testament to our ongoing strategy of attracting customers into our stores with discount oil changes and encouraging repeat business by offering superior customer service and a compelling assortment of quality products and services. These efforts, along with our unique direct-to-consumer marketing strategy and store execution, have proven extremely effective." The Company also announced that it plans to host a conference call and webcast on Tuesday, April 15, 2003, at 11:00 A.M. Eastern Time, to provide fiscal 2004 financial projections. 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, Speedy Auto Service by Monro, Kimmel Tires - Auto Service and Tread Quarters Discount Tires. The Company currently operates 560 stores and has 19 dealer locations in New York, Pennsylvania, Ohio, Connecticut, Massachusetts, West Virginia, Virginia, Maryland, Vermont, New Hampshire, New Jersey, North Carolina, South Carolina, Indiana, Rhode Island, Delaware and Michigan. Monro's stores provide a full range of services for exhaust systems, brake systems, tires, steering and suspension systems and many vehicle maintenance services. Certain statements made above may be forward-looking and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve uncertainties, which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties include, but are not necessarily limited to, uncertainties affecting retail generally (such as consumer confidence and demand for auto repair); risks relating to leverage and debt service (including sensitivity to fluctuations in interest rates); dependence on, and competition within, the primary markets in which the Company's stores are located; the need for, and costs associated with, store renovations and other capital expenditures; risks relating to integration of the acquired business; and the risks described from time to time in the Company's SEC reports which include the report on Form 10K for the fiscal year ended March 30, 2002. # # # -----END PRIVACY-ENHANCED MESSAGE-----