Regis Corp. (RGS) Tops Q2 EPS by 10c
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Regis Reports Second Quarter 2016 Results
January 28, 2016 6:00 AM ESTMINNEAPOLIS--(BUSINESS WIRE)-- Regis Corporation (NYSE: RGS), a leader in the haircare industry, whose primary business is owning, operating and franchising hair salons, today reported results for its second fiscal quarter ended December 31, 2015 versus the prior year as noted below.
As a result of the Company's valuation allowance against most of its deferred tax assets, associated reported and, as adjusted, after-tax results of operations are not comparable to prior periods.
Sales of $450.5 million, a decline of ($5.4) million. Same-store sales increased 2.2%. Same-store service and product sales increased 0.9% and 7.2%, respectively.... More