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Sales Down at Regis

Q4 revenues decrease 5.6% at salon company.

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By: TOM BRANNA

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Regis Corporation reported revenues for the fourth quarter ended June 30, 2010 decreased 5.6% to $590 million. “During the past year, we have taken aggressive action to strengthen our balance sheet and improve our efficiency. We have substantially lowered our debt, improved our cash flow and reduced expenses. These measures played an important role in achieving our financial results,” said Paul D. Finkelstein, chairman and chief executive officer. “Going forward our focus w...

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