Regis Corporation (RGS) Tops Q1 EPS by 27c
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Regis Reports First Quarter 2020 Operating Results and Continues to Make Significant Progress in Its Transiton to a Capital Light, High Growth and Technology Enabled Fully Franchised Model
October 29, 2019 6:00 AM EDTDuring The First Quarter, The Company Successfully Sold and Converted 545 Company Owned Salons to Franchise Operations Generating $38 Million In Cash Proceeds
Approximately 900 Company Owned Salons, or Approximately 42% Of The Remaining Company Owned Salon Portfolio Are Now In Various Stages Of Negotiations To Be Purchased By New Or Existing Franchisees
MINNEAPOLIS--(BUSINESS WIRE)-- Regis Corporation (NYSE: RGS):
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Three Months Ended September 30,
(Dollars in thousands)
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2019
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