Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Regis March, Q3 Same Store Sales Down - Quick Facts

RELATED NEWS
Trade RGS now with 

Regis Corp.(RGS: Quote), 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.

Click here to receive FREE breaking news email alerts for Regis Corp and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
A number of major retailers will be open on Thanksgiving for early Black Friday shopping events. Kohl's department stores will kick off Black Friday sales two hours earlier this year, at 6 p.m. Thanksgiving Day, while Macy's, Bon-Ton and Best Buy will open at the same time. J.C. Penney and Sears... Twitter Inc. has replaced its head of product Daniel Graf just six months after luring him over from Google, according to multiple reports. Graf, previously known for his work leading Google Maps, will retain his vice president of product title and work on Twitter's geolocation features, the Wall... LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its third quarter loss widened slightly from last year, as higher costs and expenses more than offset a 45% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.