Regis says q3 revenue fell 40.5% to $153.8 million

Regis reports third quarter 2020 results materially impacted by the covid-19 pandemic and significant progress in salon re-openings and in its transition to a franchise model.q3 loss per share $2.10 from continuing operations.q3 revenue fell 40.5 percent to $153.8 million.q3 adjusted loss per share $0.12 excluding items.as of june 15, 2020, approximately 68% of company's salon portfolio have re-opened from hibernation caused by covid-19 pandemic.says expects covid-19 pandemic may impact number of salons to be sold.says covid-19 pandemic may impact pace of sales to franchisees and proceeds from sales.at end of quarter, approximately 74% of company's salon portfolio had been franchised.
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