Regis Corp.(RGS), an operator of hair and retail product salons, on Monday reported that its third-quarter consolidated revenues decreased 1.3 percent to $573.62 million from $581.27 million a year ago.
Third-quarter total same-store sales decreased 3.4 percent, compared to a 2 percent decline last year. Same-store customer counts decreased 3 percent for the quarter.
Eric Bakken, EVP, Interim Corporate Chief Operating Officer, stated, "Third quarter same-store sales results came in at the lower end of our expectations. However, we are encouraged by our March same-store sales which were down 1.7 percent versus down 4.3 percent for the first two months of the quarter."
The company said it is taking aggressive steps to improve performance by simplifying operating model and focusing business around four distinct consumer segments with differentiated marketing strategies and product offerings.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.