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First Quarter Revenue Slide at Regis

Sales down 1.7%, says hair salon giant.

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By: TOM BRANNA

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Hair salon giant Regis Corporation said consolidated revenues fell 1.7% percent in the first fiscal quarter of 2012 to $569 million, compared to $578 million a year ago. First quarter total same-store sales decreased 3.1%. According to the ocmpany’s financial information disclosed for the first quarter, North American salon product revenues dropped during the period from $100.1 million in the prior year first quarter to $98.1 million. Product sales at Regis’ hair restoration centers, howeve...

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