UPDATE: Regis Posts Downbeat Q4 Results
August 27, 2013 at 06:36 AM EDT
Regis (NYSE: RGS ) reported weaker-than-expected fourth-quarter results. Regis posted a quarterly net income of $675,000, or $0.01 per share, versus a year-ago loss of $63.6 million, or $1.11 per share. On an adjusted basis, it earned $0.06 per share, versus analysts' estimates of $0.12 per share. Its revenue declined 5%