>>
Rewind 2021 and prospects for 2022 Rewind 2021 and prospects for 2022
Home / Knowledge / News / Fashion / Beauty industry's leader Regis Q4 revenues up 17%

Beauty industry's leader Regis Q4 revenues up 17%

25
Aug '05
Hair care leader Regis Corporation (RGS reported financial results for its fiscal fourth quarter and year ended June 30, 2005.

Fiscal Year 2005 Results
Consolidated revenues increased 14 percent to a record $2.19 billion compared to $1.92 billion during fiscal year 2004.

Same-store sales increased 0.9 percent. Net income decreased 38 percent to $65 million, or $1.39 per diluted share. Net income results for the year include a $38.3 million, or $0.83 per diluted share, non-cash write-off for goodwill impairment related to our international franchise operations.

During the year, the Company added a net total of 831 locations. Regis constructed 525 salons and franchisees built 285 salons. In fiscal 2005, the Company acquired 444 corporate salons (including 139 franchise buybacks), seven franchised salons, 42 company-owned hair restoration centers, 49 franchised hair restoration centers and 13 beauty schools. Regis closed or relocated 395 corporate and franchised locations. As of June 30, 2005, Regis Corporation owned or franchised 10,993 worldwide locations.

"While we are disappointed that fiscal 2005 results did not meet our long- term earnings objectives, we are heartened by our fourth quarter results, which were in-line with our guidance," commented Paul D. Finkelstein, chairman and chief executive officer. "Despite the challenging conditions in our core salon business, we accomplished a great deal this year. In addition to expanding our salon base, we more than doubled our beauty school business, acquired Hair Club for Men and Women and invested in an emerging kid's hair salon concept. These investments, which complement our core salon business, will position Regis to achieve long-term double digit earnings growth."


Must ReadView All

Pic: Shutterstock

Textiles | On 28th Jan 2022

Real US GDP rose at 6.9% annual rate in Q4 2021: BEA

Real US gross domestic product (GDP) increased at an annual rate of...

Pic: Shutterstock

Apparel/Garments | On 28th Jan 2022

Egypt’s garment exports rise by 41% to $2.49 bn in 2021 over 2020

The Egyptian apparel sector’s exports rose by 41 per cent in 2021 to...

Pic: Prasit Rodphan | Dreamstime.com

Textiles | On 28th Jan 2022

Cambodia-Vietnam trade volume touches $9.3 bn in 2021

Cambodia-Vietnam trade volume touched $9.3 billion last year—a rise...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry craft and utility

Textile Industry, Head honchos

Textile Industry
Head honchos

Switch was not 100% pandemic related

Richard Armitage,

Richard Armitage

Adaptive Control automates, controls and monitors machines, systems and...

G Tumbarello,

G Tumbarello

Lilly + Sid is an award-winning organic children's clothing company from...

Kishina Daruka and Mishika Daruka,

Kishina Daruka and Mishika Daruka

Headquartered in Kolkata, India, sustainable clothing brand Ora was...

Shaan Sethi, Jaanuu

Shaan Sethi
Jaanuu

Jaanuu, a vertically integrated e-commerce company, has reimagined the...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Manish Malhotra, Label Manish Malhotra

Manish Malhotra
Label Manish Malhotra

A multitalented designer and founder of an eponymous label, Manish...

Anju Modi, Label Anju Modi

Anju Modi
Label Anju Modi

Filmfare Award winner for best costume designer,<b> Anju Modi </b>is...

Carmen Emanuela Popa, Label - Carmen Emanuela Popa

Carmen Emanuela Popa
Label - Carmen Emanuela Popa

<b>Carmen Emanuela Popa,</b> a Romanian fashion designer, is known for her ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Gokaldas Exports Limited
Chori Company Limited
Lifestyle
IKEA of Sweden AB
Hirdaramani International Export Private Limited
SYNERGIES HONG KONG LIMITED
G-Star Raw C.V.
Sportswear Company Spa
Huntsman (Singapore) Pte Ltd
Tory Burch Hong Kong Ltd
Brandix Lanka Limited
Desigual - ABASIC, S.A.
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
The Top Form Brassiere Manufacturing Company Limited
Babyshop
Truetzschler India Private Limited
Under Armour Global Sourcing Ltd
Decathlon
TESCO INTERNATIONAL SOURCING LIMITED
Helly Hansen Far East Ltd
THE BOMBAY DYEING ;& MFG.CO. LTD
Bluestem Global Sourcing Limited
Gloria Jeans
Grasim Industries Limited
MAS Active / MAS Kreeda / MAS Bodyline
Landmark Group
Vianney Textil Hogar S.A. De C.V.
John Varvatos
Lacoste (Wanchai)
Target Corporation (MN)
Restoque S.A.
Asos
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Splash
H;&M Hennes ;& Mauritz (Far East) Ltd
Reiter India Private Limited
Benetton Group
BIMBA ;& LOLA SL
Boardriders Asia Sourcing Limited
Varner AS Retail
Vardhman Textile Ltd
Seasalt Limited
Aramark Uniform ;& Career Apparel, LLC
Lululemon Athletica Inc
Gatsby Africa
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Etam Group Strategy Hong Kong Limited
Arvind Limited
C;&A Sourcing International Ltd
Sainsbury's Argos Asia Limited
Walmart
Groz-Beckert East Asia LLP
Abit
Tchibo GmbH
Midas Clothing Limited
KAS Direct Sourcing
PVH Corporation
OVS Hong Kong Sourcing Ltd.
Hela Clothing Pvt Ltd
NITI Aayog
Lenzing Aktiengesellschaft
Cat Tuong Real Estate Group Joint Stock Company
Guess Europe Sagl,
Green Fibre
Gap International Sourcing Limited
Rosset ;& Cia Limited
KIABI
T.T. Limited
Alix Partners
Tommy Hilfiger
Chico’ FAS
SHAHI Exports Pvt Ltd
Alison Hayes Romania
Recron Polyester from Reliance Industries Limited
Esprit Europe Services GmbH
Page Industries Limited (Bangalore)
Eastman Chemical Company
Calvin Klein
J ;& P Coats
Phong Phu international JSC (PPJ)
LC Waikiki
Rayonese Textile Inc., Division de Culp Inc.
Lisa S.P.A.
International Textile Manufacturers Federation
Sateri (Jiujiang) Fiber Co.,Ltd
Aquarelle Clothing Limited
BIANCA
The LYCRA Company Singapore  Pte. Ltd
Puma
Sportmaster Ltd.

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search