Regis Corporation (RGS) Misses Q3 EPS by 3c
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Regis Reports Third Quarter 2016 Results
April 28, 2016 6:00 AM EDTMINNEAPOLIS--(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 third fiscal quarter ended March 31, 2016 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 $442.6 million, a decline of ($11.4) million. Same-store sales decreased (0.4)%. Same-store service sales increased 0.3% and same-store product sales... More