Regis Corporation (RGS) Tops Q1 EPS by 5c
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Regis Reports First Quarter 2017 Results
October 27, 2016 6:01 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 fiscal first quarter ended September 30, 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 $431.0 million, a decline of $19.1 million. Same-store sales decreased (1.0%). Same-store service sales decreased (0.8%) and same-store product sales decreased (2.1%).... More