Regis 2Q same-store sales edge up |
|
|
|
Published
:
Wed, 10 Jan 2007 13:27 |
MINNEAPOLIS (AFX) - Hair salon operator Regis Corp. said Wednesday that its same-store sales -- or sales at stores open at least one year -- edged up 0.5 percent in the second-quarter, and its total quarterly revenue topped Wall Street expectations.In the year-ago period, the company saw a same-store sales rise of 1.2 percent.Same-store sales in its North American stores grew 0.6 percent, compared with a rise of 1.5 percent a year earlier, while its international stores same-store sales declined 0.6 percent, versus a 2.6 percent slide last year.Total consolidated revenue rose 8 percent to $657.1 million from $606.6 million last year.Analysts surveyed by Thomson Financial expected more modest revenue of $655 million.Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
|
|
|
|