Regis logo

RGS - Regis News Story

$9.02 -0.2  -2.1%

Last Trade - 9:10pm

Consumer Defensives
Small Cap
Market Cap £234.6m
Enterprise Value £336.3m
Revenue £267.7m
Position in Universe 4018th / 6856

BUZZ-Regis Corp: Falls after weak Q2 report

Tue 29th January, 2019 3:56pm
** Beauty salon operator's shares  RGS.N  fall 5.2 pct to
$17.16 in early trading after posting lower Q2 revenue
    ** Quarter hurt by closure of 678 salons and conversion of
520 company-owned salons to franchises over past 12 months*:nBw9mB3x7a
    ** Jefferies considers the move as solid strategic progress
and is encouraged by RGS' cost discipline in the midst of
structural changes
    ** Stock had risen 10 pct in 2018 and has gained 1.4 pct
this year 

 (Reporting by Amy Caren Daniel in Bengaluru)
 ((Reuters Messaging:
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.