Exhibit 99.1
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CONTACT: | | Robert Gross |
| | Chairman and Chief Executive Officer |
| | (585) 647-6400 |
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| | Catherine D’Amico |
| | EVP of Finance and Chief Financial Officer |
| | (585) 647-6400 |
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| | Leigh Parrish/Caren Villarreal |
| | FD |
| | (212) 850-5600 |
FOR IMMEDIATE RELEASE
MONRO MUFFLER BRAKE, INC. DECLARES QUARTERLY CASH DIVIDEND
~ Announces Participation in Susquehanna Financial Group Consumer Focus Forum ~
ROCHESTER, N.Y. – April 14, 2009 – 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 $.06 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 May 4, 2009 to shareholders of record at the close of business on April 24, 2009.
Separately, the Company announced today that it will be participating in the Susquehanna Financial Group Consumer Focus Forum on April 23, 2009 at 3:35 p.m. ET in New York City. A live webcast of the audio presentation can be accessed via the Company’s website at www.monro.com under the Investor Information section and will be archived for two weeks.
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 and Tread Quarters Discount Tires. The Company currently operates 710 stores in New York, Pennsylvania, Ohio, Connecticut, Massachusetts, West Virginia, Virginia, Maryland, Vermont, New Hampshire, New Jersey, North Carolina, South Carolina, Indiana, Rhode Island, Delaware, Maine and Michigan. 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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