This morning: Monro Muffler (MNRO/ranked #10) results suggests improving automotive aftermarket trend. I think things have just stabilized and they have easier comps.

In the second fiscal quarter conference call, I quoted CEO Rob Gross as saying: “we are happy with the acquisition environment, happy with the Pro Care acquisition, happy sales are no longer negative, and very dissatisfied with the first six months.”

Well, the third quarter (as suggested by Mr. Gross in the fiscal 2Q conference call) did prove the turning point. Monro reported earnings per share (eps) of $0.32, a 19% improvement from the prior year perio ...