Third Quarter 2007 Outlook:
The following outlook pertains to the fiscal third quarter ending March 31, 2007:
• Earnings per diluted share are forecasted to increase to a range of $0.50 to $0.56, compared to $0.40 a year ago. The year ago period included $0.08 per diluted share of transaction charges related to the terminated merger with Alberto-Culver's Sally Beauty Company business unit. The third quarter 2007 forecast assumes a corporate tax rate of 34 to 35 percent.
• Consolidated revenue is forecasted to grow eight to nine percent to a range of $651 million to $659 million compared to $604 million a year ago.
• Consolidated same-store sales are forecasted to be in a range of 0.0 to 2.0 percent.
Fiscal Year 2007 Outlook Remains Unchanged:
The following outlook pertains to the fiscal year ending June 30, 2007:
• Excluding accretion from future possible acquisitions, earnings per diluted share are forecasted to be in a range of $2.10 to $2.24.
• Excluding revenue from future possible acquisitions, consolidated revenue is forecasted to grow eight percent to $2.6 billion.
• Consolidated same-store sales are forecasted to be in a range of 0.0 to 1.0 percent.
Regis Corporation will host a conference call discussing second quarter results, January 24, 2007 at 10:00 a.m., Central Time. Interested parties are invited to listen by logging on to company's website or dialing 800-240-7305. A replay of the call will be available later that day.
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