News Column

Regis misses 4Q earnings forecasts

August 26, 2014



MINNEAPOLIS (AP) Regis Corp. (RGS) on Tuesday reported a fiscal fourth-quarter loss of $17 million.

The Minneapolis-based company said it had a loss of 30 cents per share. Losses, adjusted for one-time gains and costs, came to 10 cents per share.

The results fell short of Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

The owner of hair salon chains Supercuts and MasterCuts posted revenue of $483.9 million in the period.

Regis shares have climbed roughly 2 percent since the beginning of the year. The stock has fallen 13 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap ) using data from Zacks Investment Research. A stock research report on RGS from Zacks is available at: http://www.zacks.com/ap/RGS

Keywords:Regis,Earnings Report


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Source: Associated Press


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