This morning, in conjunction with the company’s announcement to present at CIBC’s conference, management revised earnings expectations to the higher end of their previously provided range. Specifically, the company said earnings per share (EPS) should be at the high end of their previously provided range of $0.45 to $0.48 However, this is still well below last year’s 1Q07 EPS of $0.52 Management also indicated comparable store sales for 1Q07 (March fiscal year) were down 2.9%, in-line with previous expectations. Investors may recall, Monro’s shares were beaten up pretty bad in the middle of June (down 7% on June 14th alone,) after its competitor Midas (MDS/ranked #10,) announced ...