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			REGIS CORP MINN
			Symbol			RGS

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Regis Reports First Quarter Revenues of $603 Million

2009-10-08 06:00 ET - News Release

-First Quarter Consolidated Revenues Decreased 1.8 Percent-

Company Website: http://www.regiscorp.com
MINNEAPOLIS -- (Business Wire)

Regis Corporation (NYSE:RGS), the global leader in the $170 billion hair care industry, today reported consolidated revenues decreased 1.8 percent in the first fiscal quarter of 2010 to $603 million, compared to $614 million a year ago. First quarter total same-store sales decreased 4.5 percent.

“Our first quarter revenue and same-store sales results were slightly above our plan,” commented Paul D. Finkelstein, Chairman and Chief Executive Officer. “As we previously discussed, we have always felt the first quarter should be the most challenging quarter of the fiscal year. We continue to expect that customer visitation patterns will stabilize and, as a result, we should see improvement in our same-store sales beginning in the later half of our second quarter.”

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This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Regis Reports First Quarter Revenues of $603 Million

The remainder is available to Stockwatch subscribers. If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.