Regis Corporation (RGS) Tops Q2 EPS by 11c, Revenues Miss
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Regis Reports Improved Second Quarter 2019 Operating Results and the Continued Growth of Its Franchise Portfolio During the Period
January 29, 2019 6:00 AM ESTThe Company Recorded The Profitable Sale And Conversion Of An Additional 133 Company Owned Salons To Its Asset-Light Franchise Portfolio During The Quarter
Second Quarter Income Per Share From Continuing Operations of $0.01, Which Includes A Non-Cash Goodwill Derecognition Charge Related To The Sale and Conversion of Company Owned Salons; Adjusted Diluted Earnings Per Share Of $0.18 Increased $0.06 Versus Prior Year
Adjusted EBITDA of $20.6 Million is $4.0 Million, or 24.1% Favorable Year-Over-Year; Year-To-Date Adjusted EBITDA of $45.7 Million is $6.8 Million, or 17.5% Favorable Year-Over-Year Including Gains From The Sale of Salons to Franchisees
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