Regis Q2 Loss Narrows - Quick Facts

(RTTNews) - Regis Corp. (RGS), an operator of hair salons, reported second-quarter net loss of $19.1 million or $0.35 per share, narrower than $109.1 million or $1.93 per share last year.

On an adjusted basis, net loss widened to $8.7 million or $0.16 per share from $1.9 million or $0.03 per share in the prior year period. On average, 5 analysts polled by Thomson Reuters expected the company to report a loss per share of $0.09 for the quarter. Analysts' estimates typically exclude one-time items.

Revenues for the latest second-quarter declined 2.7 percent to $455.89 million from $468.37 million a year ago. Same-store sales were down 0.3 percent. Analysts estimated revenues of $465.29 million.