Regis Corporation (RGS) Tops Q2 EPS by 11c, Revenues Miss

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Go back to Regis Corporation (RGS) Tops Q2 EPS by 11c, Revenues Miss

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 EST

The 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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