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Revenue down 2% to $563 million.
January 9, 2012
By: TOM BRANNA
Editor
Regis Corporation reported consolidated revenues decreased 2% in the second fiscal quarter of 2012 to $563 million, compared to $574 million a year ago. Second quarter total same-store sales decreased 3%, said the company. “While overall second quarter same-store sales results were lower than expected, service customer visitation trends improved slightly by ten basis points over the preceding quarter. The Regis management team remains focused on developing and implementing important programs to grow revenues by driving customer traffic and increasing retention. We continue to work hard to ensure Regis grows profitably and operates efficiently in order to enhance shareholder value,” said Randy L. Pearce, company president.
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