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REGIS CORPORATION REPORTS FIRST QUARTER SALES, EARNINGS GROWTH

 MINNEAPOLIS, Oct. 21 /PRNewswire/ -- Regis Corporation (NASDAQ: RGIS) reported sales of $89,540,000 for the quarter ended Sept. 30, 1993, an increase of $8,049,000, or 9.9 percent, over sales for the first quarter of fiscal 1993. This increase includes sales of $5,721,000 from the company's Beauty Express Retail salon operations, acquired in November 1992.
 First quarter fiscal 1994 net income was $2,030,000, or $.22 per share, an increase of 22 percent over net income for the first quarter of fiscal 1993.
 The company had net openings of 10 new salons worldwide during the first quarter of fiscal 1994.
 Regis Corporation owns and operates mall-based hairstyling salons in North America and is a specialty retailer of haircare products. The company currently owns and operates over 1,300 salons, located primarily in major shopping malls in North America and department stores in other countries.
 REGIS CORPORATION
 Consolidated Statement of Operations (Unaudited)
 (In thousands, except per-share amounts and salon data)
 Three Months Ended
 9/30/93 9/30/92
 Sales $89,540 $81,491
 Net income $2,030 $1,666
 Net income per share $.22 $.18
 Weighted average number of
 shares outstanding 9,380 9,380
 Number of salons open
 at the end of period 1,321 1,202
 -0- 10/21/93
 /CONTACT: Paul D. Finkelstein, Frank E. Evangelist or Jack T. Holewa, of Regis Corporation, 612-947-7000; or David Walke, Amy Weisman or Brad Miller, of Morgan Walke, 212-850-5600, for Regis/
 (RGIS)


CO: Regis Corporation ST: Minnesota IN: REA SU: ERN

DS-AL -- MN010 -- 5018 10/21/93 09:24 EDT
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Publication:PR Newswire
Date:Oct 21, 1993
Words:266
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