Business Services Industry

The Times-News, Twin Falls, Idaho, Business Briefs Column.

Knight Ridder/Tribune Business News, July, 2003

The Times-News, Twin Falls, Idaho Knight Ridder/Tribune Business News

Jul. 13--TWIN FALLS, Idaho--Minneapolis-based Regis Corp., a hair care chain with salons in Twin Falls and Burley, said consolidated revenues increased 13.0 percent in June to a record $154 million, compared with $136 million a year ago.

Consolidated same-store sales for June grew 1.8 percent, compared with a 2.7 percent increase in June 2002.

Paul D. Finkelstein, president and chief executive, said Regis remains comfortable with its previously stated fiscal 2003 earnings prediction of $1.90-$1.93 per share, an increase of 17 to 18 percent.

For the first ...uarter, which ends Sept. 30, Regis expects earnings per diluted share to increase to a range of 49...

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