| Business Summary | | Monro
Muffler
Brake,
Inc.
is
a
chain
of
511
Company-operated
and
19
dealer-operated
stores
providing
automotive
undercar
repair
services
in
the
United
States.
Monro
operated
Company
stores
in
New
York,
Pennsylvania,
Ohio,
Connecticut,
Massachusetts,
West
Virginia,
Virginia,
Maryland,
Vermont,
New
Hampshire,
New
Jersey,
North
Carolina,
South
Carolina,
Indiana,
Rhode
Island
and
Delaware
under
the
name
Monro
Muffler
Brake
&
Service
and
Speedy
Auto
Service
by
Monro
(together,
the
Company
Stores).
The
Company's
stores
typically
are
situated
in
high-visibility
locations
in
suburban
areas
and
small
towns,
as
well
as
in
major
metropolitan
areas.
The
Company
Stores
serviced
approximately
2,117,000
vehicles
in
fiscal
2001. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MNRO
is
a
chain
of
511
Company-operated
and
19
dealer-operated
stores
that
provide
services
on
exhaust
systems,
brakes,
steering,
drive
trains,
suspension
and
wheel
alignment
for
cars,
light
trucks
and
vans.
For
the
fiscal
year
ended
3/31/01,
sales
remained
flat
at
$223
million.
Net
income
increased
18%
to
$9.7
million.
Results
reflect
an
increased
gross
profit
due
to
a
decrease
in
technician
labor
costs
as
a
result
of
improved
productivity
and
control. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
61,393;
after
tax
earnings
were
3,853. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Peter Solomon, 62 Chairman | -- | Robert Gross, 43 Pres
and CEO | $796K | Catherine D'Amico, 45 CFO,
Sr. VP-Fin., Treasurer | 180K | Robert August, 49 Sr.
VP of Store Support, Sec. | 193K | Thomas Budreau, 44 Divisional
VP - Eastern Operations | 142K | Dollar amounts are as of 31-Mar-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|