Regis Reports Loss In Q4 - Quick Facts

(RTTNews) - Regis Corp. (RGS), an operator of hair salons, Tuesday reported fourth-quarter net loss of $17.0 million or $0.30 per share compared with a profit of $675 thousand or $0.01 per share last year. The quarter under review included a $0.29 per share non-cash losses relating to Empire Education Group.

On an adjusted basis, loss per share amounted to $0.09. On average, 4 analysts polled by Thomson Reuters expected earnings per share of $0.04 for the quarter. Analysts' estimates typically exclude one-time items.

Revenues were down 3.6 percent to $483.9 million from $502.2 million a year ago. Same-store sales were down 1.8 percent. Analysts estimated revenues of $477.50 million.