Hair salon company Regis Corp. posted disappointing second-quarter results Wednesday, blaming a slow November and bad weather in December as it missed analysts' earnings estimates.
The Edina-based company earned $14.5 million, down 20 percent from the year-ago period. Earnings per share of 24 cents included a penny-a-share charge for the company's initiative to explore a sale or other strategic alternatives. Analysts had been expecting 28 cents a share.
KAREN LUNDEGAARD
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Business
Xcel customers in Minnesota can soon choose varying electricity rates
Residential customers can opt into a program that changes rates depending on time of day.
Business
Mayo Clinic settles with Minnesota AG over charity care, medical debt limits
The nonprofit is now prohibited from suing to collect medical debts except in "extraordinary circumstances."
Economy
Minnesota's job market is frozen, showing even employers have economic worries
It's not just consumers uncertain about the U.S. economy after tariffs, federal layoffs, stubborn inflation and a falling stock market. Companies are also tightening their expenditures, which means less hiring.
Economy
Why the return of 5 days in the office is unlikely for many Minnesota workers
From federal workers and Amazon at the national level to 3M and U.S. Bank in the state, workplaces are dialing back remote policies.
Business
What Minnesotans need to know about bird flu risks
H5N1 is still wrecking farms, prompting surging grocery store prices and posing public health uncertainty three years after the state's first poultry cases.
