Regis posts 4Q loss of $17 million, result misses forecasts

MarketsAssociated Press

Regis Corp. (RGS) on Tuesday reported a fiscal fourth-quarter loss of $17 million.

The Minneapolis-based company said it had a loss of 30 cents per share. Losses, adjusted for one-time gains and costs, came to 10 cents per share.

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The results fell short of Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

The owner of hair salon chains Supercuts and MasterCuts posted revenue of $483.9 million in the period.

Regis shares have climbed roughly 2 percent since the beginning of the year. The stock has fallen 13 percent in the last 12 months.


This story was generated by Automated Insights ( ) using data from Zacks Investment Research. A stock research report on RGS from Zacks is available at:


Keywords:Regis,Earnings Report