Regis (RGS +5.7%) climbs on a FQ2 earnings beat, despite swinging to a loss on a significant...

|About: Regis Corporation (RGS)|By:, SA News Editor

Regis (RGS +5.7%) climbs on a FQ2 earnings beat, despite swinging to a loss on a significant goodwill write-down and weaker-than-expected same-store sales. The company also lowers its operational earnings estimate for the year, now forecasting $1.11 - $1.21 per share, down from its previous view of $1.16 - $1.32, and adds that it expects negative same-store sales for the year as well.