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RGS - Regis News Story

$9.02 -0.2  -2.1%

Last Trade - 9:10pm

Sector
Consumer Defensives
Size
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
 urn:newsml:reuters.com:*: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:
Amy.CarenDaniel.thomsonreuters.com@reuters.net))
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