Regis Corporation (RGS) Tops Q3 EPS by 24c, Revenues Beat
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Regis Reports Third Quarter 2019 Operating Results and the Continued Growth of Its Franchise Portfolio During the Period
April 30, 2019 6:00 AM EDTThe Company Recorded The Profitable Sale And Conversion Of An Additional 245 Company Owned Salons To Its Asset-Light Franchise Portfolio During The Quarter; Year-To-Date, The Company Has Profitably Sold And Converted 502 Company Owned Salons To Its Franchise Portfolio
Third Quarter EBITDA Loss Of $1.4 Million Is $6.4 Million Unfavorable Year-Over-Year Including Gains From The Sale of Salons To Franchisees And A $20.7 Million Non-Cash Restructuring Charge; Year-To-Date EBITDA Of $25.3 Million Is $43.9 Million, Or 236.4% Favorable Year-Over-Year Including Gains From The Sale Of Salons To Franchisees And A Non-Cash Restructuring Charge
Third Quarter Adjusted EBITDA Of $37.2... More
