A noncash aftertax impairment charge of $23.4 million related to its salon division dropped Regis Corp. to a $64,000 loss during the third quarter ended March 31.
The results, breakeven on a per-share basis, compare with net income of $8.9 million, or 21 cents a diluted share, in the year-ago period. Excluding the onetime item, earnings per share in the 2010 quarter were 37 cents, beating by 5 cents the average expectations of analysts.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)