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Regis 3Q Revenue Declines On Spending Pullback
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RGS
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MINNEAPOLIS (AP) — Regis Corp. said Wednesday that its third-quarter revenue fell 3 percent on a consumer spending pullback and the deconsolidation of its European franchise salons, but the results still beat Wall Street's expectations.
The company, which owns Supercuts, Sassoon and other hair salons, merged its European business with the Franck Provost Salon Group in January 2008.
For the period ended March 31, revenue declined to $603.6 million from $618.9 million a year earlier. ...
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