Company News, Financial News

Sales Dip 18% at Regis Corporation

Nine month numbers also show a decrease.

Regis Corporation reported third quarter 2019 total revenue fell 18% to $221.2 million for the period that ended March 31, 2019. However, third quarter franchise revenue rose 9.8% to $37.1 million. For the nine months ended March 31, 2019, sales fell 15.9% to $705.3 million. President and Chief Executive Officer Hugh Sawyer commented, “We remain focused on the ongoing transformation of our business and maximizing shareholder value. Among other items, this includes initiatives underway in tec...

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