Home / Industry / Automotive / Monro net income drops 34 percent in third quarter (access required)

Monro net income drops 34 percent in third quarter (access required)

Shares of Monro Inc. stock dropped more than 12 percent on Tuesday as the company reported a 34 percent decline in net income for the third quarter. For the quarter ended Dec. 23, Monro, formerly Monro Muffler Brake Inc., reported net income of $11.6 million, down from $17.6 million in the same period a year ago. ...

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