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Revenue weighs in at $309.9 million.
October 31, 2017
By: Melissa Meisel
Regis Corporation reported a first quarter 2018 net loss of $23.0 million. Total revenue in the quarter fell 2.8% to $309.9 million. The company noted that its first quarter results, both reported and adjusted, were adversely impacted by Hurricanes Harvey, Irma and Maria. A total of 3,418 salon days were lost as 768 salons were closed at least one day during the quarter. Hugh Sawyer, president and chief executive officer, commented, “We are pleased our adjusted EBITDA exceeded prior year...
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