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Regis to Deploy Spacenet's Prysm Pro for Integrated Support of Its Advanced Applications Over Wireline and Wireless Networks Including WiFi, Backup and VoIP

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Regis Corp., owner of the chain Supercuts, is profitable again, and the company could add as many as 800 stores a year if sales improve. by Ian Ritter

Regis Corp., owner of the chain Supercuts, is profitable again, and the company could add as many as 800 stores a year if sales improve. by Ian Ritter

Regis Corporation (RGS)

FQ210 Earnings Call

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Regis Corporation (NYSE: RGS) registered a profit in Q2, according to a report by the Wall Street Journal.

Regis Corporation beat analysts’ estimate as it registered a profit of $18.2 million for the quarter ended December 31 as against a loss of $143.3 million for the same period last year. The company reported revenue of $575.4 million and a gross margin of 45%. The company reported a drop of 3.7% in same-store sales for the quarter that included a 4.1% in the month of December.

Regis saw a drop of 2.2% in service revenue and a 1.6% drop in product revenue for the quarter. Regis Corporation, the parent company of brands such as Supercuts and Sassoon Salon, has reported disappointing results in the recent past after years of being profitable.

Regis Corporation (RGS) reported fiscal second-quarter 2010 net profit of $18.2 million or 30 cents per share. Excluding an actuarial gain, the company had earned 28 cents a share in the reported quarter. The results were ahead of the Zacks Consensus Estimate of 26 cents. The company had incurred a loss of $143.3 million or $3.34 [...]

(RGS) Regis Corporation Beats Wall Street Estimates

Regis Corporation (RGS) reported fiscal second-quarter 2010 net profit of $18.2 million or 30 cents per share. Excluding an actuarial gain, the company had earned 28 cents a share in the reported quarter. The results were ahead of the Zacks Consensus Estimate of 26 cents. The company had incurred a loss of $143.3 million or $3.34 ...

( click to enlarge ) (TLAB) faces resistance at the 6.20-6.23 range. A close above 6.23 would impart positive momentum. The stock is likely to move to the 7-7.40 range on the break past the resistance zone. I will watch the stock closely the next few days, watching for this move to occur. TLAB will move ...

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