Regis Corporation (RGS) Tops Q3 EPS by 24c, Revenues Beat

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Go back to Regis Corporation (RGS) Tops Q3 EPS by 24c, Revenues Beat

Regis Reports Third Quarter 2019 Operating Results and the Continued Growth of Its Franchise Portfolio During the Period

April 30, 2019 6:00 AM EDT

The Company Recorded The Profitable Sale And Conversion Of An Additional 245 Company Owned Salons To Its Asset-Light Franchise Portfolio During The Quarter; Year-To-Date, The Company Has Profitably Sold And Converted 502 Company Owned Salons To Its Franchise Portfolio

Third Quarter EBITDA Loss Of $1.4 Million Is $6.4 Million Unfavorable Year-Over-Year Including Gains From The Sale of Salons To Franchisees And A $20.7 Million Non-Cash Restructuring Charge; Year-To-Date EBITDA Of $25.3 Million Is $43.9 Million, Or 236.4% Favorable Year-Over-Year Including Gains From The Sale Of Salons To Franchisees And A Non-Cash Restructuring Charge

Third Quarter Adjusted EBITDA Of $37.2... More