Regis logo

RGS - Regis News Story

$11.91 -0.8  -6.1%

Last Trade - 4:45pm

Consumer Defensives
Small Cap
Market Cap £324.5m
Enterprise Value £434.9m
Revenue £307.3m
Position in Universe 3615th / 6849

BUZZ-Regis Corp: Slumps on Q4 loss from pandemic-induced disruptions

Mon 31st August, 2020 5:15pm
** Shares of beauty salon operator  RGS.N  fall 19% to
    ** Co posts Q4 adj. loss of $36.2 mln vs year-ago profit of
$24.6 mln*:nASA014IR
    ** Q4 revenue slumps 76% to $60.1 mln,; Co says lower
revenue driven by conversion of 1,448 company-owned salons to
asset-light franchisees over the past 12 months 
    ** Results significantly impacted by government-mandated
temporary salon closures and include asset impairment charge of
$22.6 mln related to leases       
   ** Stock down 59% YTD 

 (Reporting by Shradha Singh in Bengaluru)
 ((; within U.S. +1 646 223 8780
Ext: 2804, outside U.S. +91 80 6182 2630;))
© 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.