India, May 28 -- Monro, Inc. (MNRO), a provider of automotive undercar repair and tire services, reported Wednesday a loss in its fourth quarter, compared to prior year's profit, amid weak sales. The topline, however, beat market estimates, with higher comparable store sales. The company further reported higher Comparable store sales in the first-quarter-to date, and announced dividend.
In the pre-market activity on the Nasdaq, Monro shares were climbing around 21.4 percent to trade at $15.50.
Peter Fitzsimmons, President and Chief Executive Officer, said, "While the results of our fourth quarter were impacted by extreme weather in the first half of the quarter, we drove positive comparable store sales growth in the quarter, adjusted for ...