$11.78 -0.9 -7.1%
Last Trade - 20/04/21
Market Cap | £324.5m |
Enterprise Value | £434.9m |
Revenue | £307.3m |
Position in Universe | 3614th / 6848 |
June 18 (Reuters) - Regis Corp RGS.N : * REGIS REPORTS THIRD QUARTER 2020 RESULTS MATERIALLY IMPACTED BY THE COVID-19 PANDEMIC AND SIGNIFICANT PROGRESS IN SALON RE-OPENINGS AND IN ITS TRANSITION TO A FRANCHISE MODEL * Q3 LOSS PER SHARE $2.10 FROM CONTINUING OPERATIONS * Q3 REVENUE FELL 40.5 PERCENT TO $153.8 MILLION * Q3 ADJUSTED LOSS PER SHARE $0.12 EXCLUDING ITEMS * AS OF JUNE 15, 2020, APPROXIMATELY 68% OF COMPANY'S SALON PORTFOLIO HAVE RE-OPENED FROM HIBERNATION CAUSED BY COVID-19 PANDEMIC * SAYS EXPECTS COVID-19 PANDEMIC MAY IMPACT NUMBER OF SALONS TO BE SOLD * SAYS COVID-19 PANDEMIC MAY IMPACT PACE OF SALES TO FRANCHISEES AND PROCEEDS FROM SALES * AT END OF QUARTER, APPROXIMATELY 74% OF COMPANY'S SALON PORTFOLIO HAD BEEN FRANCHISED Source text for Eikon: ID:nBw9Zmx6ta Further company coverage: RGS.N ((Reuters.Briefs@thomsonreuters.com;))