EX-99.1 2 d643562dex991.htm EX-99.1 EX-99.1

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: Jennifer Milan
   Media: Kelly Whitten
   FTI Consulting
   (212) 850-5600

FOR IMMEDIATE RELEASE

MONRO MUFFLER BRAKE, INC. DECLARES QUARTERLY CASH DIVIDEND

ROCHESTER, N.Y. – December 9, 2013 – 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 $.11 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 26, 2013 to shareholders of record at the close of business on December 16, 2013.

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 and Towery’s Tire and Auto Care. The Company currently operates 951 stores in New York, Pennsylvania, Ohio, Connecticut, Massachusetts, West Virginia, District of Columbia, Virginia, Maryland, Vermont, New Hampshire, New Jersey, North Carolina, South Carolina, Indiana, Rhode Island, Delaware, Maine, Illinois, Missouri, Tennessee, Kentucky and Wisconsin. Monro’s stores provide a full range of services for brake systems, steering and suspension systems, tires, exhaust systems and many vehicle maintenance services.

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