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Monro, AutoZone shares soar

Car parts and service companies benefit from the plodding pace of recovery as consumers try to keep aging clunkers on the road. Monro Muffler Brake (MNRO) early Tue. said fiscal Q4 sales rose 14% to $195.9 mil vs. views of $189.9 mil. EPS fell 31% to 25 cents, matching analyst views. Monro Muffler guided for Q1 EPS of 44 cents, 2 cents below. No. 1 auto parts chain AutoZone's (AZO) Q3 EPS rose 16% to $7.27, beating by 6 cents. Sales edged up to $2.12 bil, missing. Monro shares rose 7.2% to 47.28. AutoZone rose 4.6% to 427.84.