Regis Reports Third Quarter 2016 Results
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Regis Corporation (RGS) Misses Q3 EPS by 3c
April 28, 2016 6:38 AM EDTRegis Corporation (NYSE: RGS) reported Q3 EPS of ($0.06), $0.03 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $442.6 million versus the consensus estimate of $453.45 million.
Dan Hanrahan, President and Chief Executive Officer, commented, Our third quarter performance consists of three different story lines. First, our North American Value business, representing approximately 85% of our total fleet, continues to demonstrate improvement. In this segment, we reported 100 basis points of same-store sales improvement for the quarter compared to a 30 basis point decline in the prior year quarter. Supercuts and SmartStyle, our two national... More
