Regis Corporation (RGS) Misses Q4 EPS by 35c
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Regis® Reports Fourth Quarter and Full Year 2020 Operating Results Materially Impacted by the COVID-19 Pandemic, Successfully Amends Credit Facility and Announces Significant Progress in Its Transiti
August 31, 2020 6:00 AM EDTIn May, The Company Successfully Amended Its Revolving Credit Facility Establishing Covenant-Light Terms Expected To Provide The Long-Term Flexibility Needed To Complete Transformational Strategy And Navigate Uncertainties Caused By The Pandemic
At The End Of Fiscal Year 2020, Approximately 76% Of The Company Salon Portfolio Has Been Franchised Versus 56% At The End Of Fiscal Year 2019
Successfully Sold And Converted An Additional 112 Company-Owned Salons To Its Asset-Light Franchise Portfolio During The Quarter; Year-To-Date, The Company Has Sold And Converted 1,475 Company-Owned Salons To Its Franchise... More
