Regis Q2 same-store sales expected to rise 0.5 to 2%

27 Oct '05

2 min read

Famous Salons leader Regis Corporation (RGS) announced that consolidated same-store sales trends for the first 25 days of its fiscal second quarter are trending towards the upper end of the guidance range provided in this morning's quarterly earnings release. Quarter-to-date domestic same-store sales are trending above 2.0 percent.

Quarter-to-date international same-store sales are modestly negative. In a separate press release issued at 6:00 a.m., October 26, 2005, the Company forecasted that consolidated second quarter same-store sales were expected to increase 0.5 to 2.0 percent.

Regis Corporation will announce first quarter 2006 earnings results on October 26, 2005. A conference call discussing first quarter results will follow at 10:00 a.m., Central Time.

Minneapolis based largest hair care industry firm Regis Corporation (RGS) is the beauty industry's global leader in salons, hair restoration centers and education.

Company owned or franchised 10,993 worldwide locations; which included 10,879 beauty salons, 90 hair restoration centers and 24 beauty schools operating under concepts such as Supercuts, Jean Louis David, Vidal Sassoon, Regis Salons, MasterCuts, Trade Secret, SmartStyle, Cost Cutters and Hair Club for Men and Women. These and other concepts are located in the US and in ten other countries throughout North America and Europe.

Regis Corporation

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