For more information, visit www.
Additional
venues are still being explored with existing, as well as, new,
independent hotel partners.
(4
) Includes $217,000 and $189,000 for the three months ended
March 31, 2005 and 2004, respectively
, relating to the Steiner
training school near London, England.
arden verdes
Our operations teams and
technicians
are the most experienced in the industry and create a consistent
experience in a luxurious environment
.
"Our construction and development, operations teams has more than 80 years
of experience
combined, and a proven track record of developing, constructing,
and staffing Red Door Spas, opening
our first three resort locations on time
and on budget," said Ron Blumenthal, senior vice president
of development for
Red Door.beautysalons verdes
With thousands of locations
currently accepting the American Express
Card, the companies expect
all corporate owned Regis U.
And with spa services now being the most
requested amenity in hotels and
resorts, the existence of a proven brand that consumers can relate
to is sure
to be an important addition to any property. The
earnings per share data are presented
on a diluted basis. Our cruise line and
land-based resort customers include Carnival Cruise Lines
, Caesars
Entertainment, Celebrity Cruises, Crystal Cruises, Cunard/Seabourn
Cruise Lines, Hilton
Hotels, Holland America Line, Kerzner
International, Marriott Hotels, Norwegian Cruise Lines, Princess
Cruises and Royal Caribbean Cruises.49
Loss from discontinued operations --
--
------------ ------------
$ 0.palos etiquette
"In addition,
American Express' willingness to extend
the partnership benefits to
our franchisees demonstrates their commitment to drive value
throughout
the entire Regis Corporation network. In
the years ahead, Red Door Spa Holdings will continue to
expand locations and
introduce new and advanced services. Income from continuing operations, before
discontinued operations for the first quarter, was $9.1 million
compared with $8. Fluxman, President
and Chief Executive Officer of
Steiner Leisure, commented, "We are very pleased with our first
quarter
results.48
============ ============
Weighted average
shares outstanding:
Basic 17,999 16,479
Diluted
18,886 16,947
STATISTICS
First Quarter Ended
March 31,
--------------
------------
2005 2004
------------ ------------
Average number of ships served(1):
115 106
Spa 82
73
Non-Spa 33 33
Average total number
of staff on
ships served: 1,617 1,421
Spa
1,382 1,196
Non-Spa
235 225
Revenue per staff per day(2): $ 447 $
409
Spa $ 475 $ 432
Non-Spa
$ 287 $ 286
Average weekly revenues: $
43,878 $ 38,262
Spa $ 56,255 $ 49,560
Non
-Spa $ 13,973 $ 13,534
Average number of land based
spas
served(3) 47 52
Average weekly land
based spas
revenues $ 28,404 $ 24,774
Total schools
revenues(4) $ 4,426,000 $ 4,546,000
Total wholesale and retail product
revenues $ 7,924,000 $ 6,788,000
(1) Average number of ships
served reflects the fact that during
the period ships were in and out of service and, accordingly
, the
number of ships served during the period varied.nail hairdressing
salons. It is a
leader in charge and
credit cards, Travelers Cheques, travel,
financial planning, investment products, insurance and international
banking. For additional
information, visit www.48 per share.
If you wish to participate in
this conference call, please call
706-679-5917 for domestic and international calls approximately
ten
minutes before the scheduled time.pedicures hairdressing
Over the last several years we have seen an increasing
demand
by our customers to accept American Express," commented Kyle
Didier, vice president, finance at Regis
Corporation."
The companies will work together to develop marketing programs
that deliver value
to consumers using American Express-branded cards. These
spas will be managed and staffed by Red
Door employees, enhancing the
properties' offerings and providing guests with a complete spa experience
.
"Introducing new Red Door Spas to high-end hotels and resorts is a win-win
for both parties
," said John Richards, CEO for Red Door Spa Holdings."
Currently, Red Door Spa operates three
hotel and resort locations in the
United States, and is expanding in the east coast region beginning
with the
Providence Biltmore in Rhode Island in March 2005, followed by the Wigwam
Resort in Phoenix
, Arizona."
Corporate Overview
Steiner Leisure Limited is a worldwide provider of spa services
.
The Company's operations include spas and salons on 118 cruise ships,
and in 51 resort spas and
two luxury day spas.51 $ 0.tanning federated
S.com
1 million for the same quarter in 2004. The momentum
from 2004 has continued into the first
quarter of 2005 as most of the key elements of our businesses
performed very well.hairdressing manicures
These concepts are located in the US and
in ten other countries throughout
North America.
About Red Door Spa Holdings
Red Door Spa Holdings is a privately held
company backed by North Castle
Partners, specialists in investments in the healthy living and aging
sector. Red
Door Spa Holdings is the largest branded day spa company in the world and
operates
over 100 branded spas and salons, including 29 Red Door locations
across the US and in London, three
Red Door Spas within prestige resort
properties, and 26 Mario Tricoci branded Salons and Spas based
in Chicago. This top quality European line of beauty products
is also distributed worldwide to exclusive
hotels, salons, health
clubs and destination spas.
Staff includes all shipboard employees
.salon etiquette
Clive E.
arden spa
"Our partnership with American Express is in direct response to
our customers
. The goal is to open up to three new spas each year."
Red Door is currently seeking additional
real estate, hospitality and
contractor partnerships to solidify new locations and opening dates
.7 million from $80.This category offers information about and directories of beauty salons and spas
.
franchises etiquette
regiscorp.palos nail
"We're delighted to provide our Cardmembers with another
opportunity to earn rewards,
cash or miles for their everyday
purchases.com
About Regis Corporation
Regis Corporation
(NYSE: RGS) is the industry leader in the hair
service business, which includes three distinct, but
related,
elements: beauty salons, hair restoration centers and beauty schools.Red Door Spas Expands
Hotel + Resort Management Presence
, In response to the increasing
consumer demand for hotels
and resorts with spa amenities, Red Door Spas, the
leader in relaxation, beauty and spa services
, announces an aggressive
expansion plan to extend the Red Door experience to luxury hotel resort
guests.1% to $94.48 $ 0.spa pedicures
The market strategy is to
identify and partner with marquee developers
/owners in the hospitality
industry to bring Red Door Spas to existing and developing properties.
;
Boston; Chicago; Las Vegas; Miami Beach, Orlando and Naples, Florida;
Hollywood; Portland, Oregon;
and Atlantic City.
It licenses trademarks from the publicly traded Elizabeth Arden, Inc. Offering
degree and
non-degree programs in massage therapy and skin care, these schools
train and qualify
spa professionals for health and beauty positions
within the Steiner family of companies or other
industry entities.
Conference Call
The Company will be holding a conference call at 11:00
am (EDT) on
Thursday, April 28, 2005. Warshaw, Chairman of the Board, and
Leonard I.arden hairdressing
When they
set
about making vacation plans and see that their hotel options include a Red
Door, they know
they can expect excellent service without ever having visited. The
conference ID # is 5585216.etiquette nail
"Red
Door sets the standard in providing the highest quality spa services in the
industry.C.
Business Editors/Travel Writers
NASSAU, Bahamas----Steiner Leisure
Limited (NASDAQ:STNR
) today announced financial results for the first
quarter ended March 31, 2005. Elemis(R), as well
as other Steiner
products, including La Therapie(R), Ionithermie, and Steiner Hair
Care, are available
at http://www.com
Steiner Leisure also owns and operates three post secondary
schools (comprised
of a total of seven campuses) located in Miami,
Fort Lauderdale, Orlando and Sarasota, Florida; Baltimore
, Maryland;
York, Pennsylvania and Charlottesville, Virginia.49
============ ============
Income (loss) per share-Diluted:
Income before
discontinued
operations $ 0.addicts etiquette
, the
fragrance and cosmetics
company, which is a separate corporate entity. Their commitment to provide innovative
treatments
and quality services with scientifically proven and advanced
ingredients, combined with the legendary
techniques and philosophies developed
by day spa pioneer Elizabeth Arden, will continue to position
them as the
leader in the day spa industry for many years to come. Our Elemis Limited subsidiary
manufactures its Elemis(R) brand products for use in our cruise ship
and land-based spas. You
may reach it by
dialing 706-645-9291 for both domestic and international calls.
SELECTED FINANCIAL DATA
($ in thousands, except per share data)
(Unaudited)
First
Quarter Ended
March 31,
--------------------------
2005 2004
------------ ------------
Revenues:
Services $ 65,326 $ 55,967
Products
29,418 24,938
---------
--- ------------
Total revenues 94,744 80,905
------------ ------------
Cost of Sales:
Cost of services
51,292 44,249
Cost of products 22
,355 18,262
------------ ------------
Total cost of sales 73,647 62,511
------------ ------------
Gross profit 21,097
18,394
------------ ------------
Operating Expenses:
Administrative 5,630 4,304
Salary and payroll taxes
5,695 4,827
------------
------------
Total operating expenses 11,325 9,131
------------ ------------
Income from continuing
operations 9,772 9,263
------------ ------------
Other Income (Expense):
Interest expense
(51) (654)
Equity and minority interest --
116
Other income 148 16
------------ ------------
Total other income (expense)
97 (522)
------------ --------
----
Income from continuing operations
before provision for income taxes and
discontinued
operations 9,869 8,741
Provision for income taxes
773 613
------------ --------
----
Income from continuing operations
before discontinued operations 9,096
8,128
Loss from discontinued operations
(which includes loss on disposal in
2005 and 2004 of $-- and $5,
respectively), net of taxes (14) (72
)
------------ ------------
Net income
$ 9,082 $ 8,056
============
============
Income (loss) per share-Basic:
Income before discontinued
operations
$ 0.manicures etiquette
About American Express
American Express Company is
a diversified worldwide travel,
network, and financial services provider founded in 1850.9 million
during the
comparable quarter in 2004. Per day refers to each day
that a cruise ship is in
service.regis manicures
Luxury Spa Group Expects to Manage Up to $60 Million
in
Spa Developments Over Five Years
STAMFORD, Conn.48
Loss from discontinued operations
-- --
------------ --------
----
$ 0.nail federated
Business Editors
NEW YORK
----American Express and
Regis Corporation today announced a plan for nationwide card
acceptance
at Regis' U.S.
In addition, Regis franchise owners will qualify for special discounts
on a variety
of business expenses ranging from shipping, technology,
car rentals and cellular phone service through
the American Express
Business Savings Program. These target markets include: Washington, D. It also
allows them to continue
familiar regimens they use at home and continue new regimens they are
introduced
to at the hotel or resort once they return home.
(3) Average number of land-based day spas operated
reflects the
fact that during the period spas were opened or closed and,
accordingly,
the number of spas served during the period varied.bubbles arden
americanexpress.
Leonard I. Fluxman, President
and Chief Executive Officer, will
discuss the contents of this press release.
(2) Revenue includes
all sales of services and products on ships.nail locator
American Express and Regis Corporation Announce Strategic
Partnership; Hair Care Industry's Global Leader to Roll-out Card Acceptance at all of its U.S. Locati
locations to be accepting American
Express by the end of calendar year 2005.
As the fastest growth
division for Red Door, the hotel and resort market has
been identified as a primary business development
focus, with plans to open up
to 15 new facilities over the next five years. With more than 29 Red
Door Spas in the United States, the Red Door
brand has substantial presence and value among consumers
today.48 $ 0.cuttery regis
"We're finding Red Door guests choose a resort or hotel because of
the presence
of a brand they trust and know.Steiner Leisure Limited Announces First Quarter 2005 Financial Results
Financial Results
Steiner Leisure's revenues for the first quarter ended March 31
,
2005 rose 17.
Earnings per share before discontinued operations for both the
first quarter
ended March 31, 2005 and 2004 was $0.timetospa.beautysalons waxing
As of December 31, 2004, the Company owned or franchised
10,412 hair
salons, 91 hair restoration centers and 15 beauty schools operating
under concepts
such as Supercuts, jean Louis David, Vidal Sassoon,
Regis Salons, MasterCuts, trade Secret, SmartStyle
, Cost Cutters and
Hair Club for Men and Women.
This call is available for replay
from
Thursday, April 28, 2005 (approximately 3 hours after the call
takes place) until Monday, May 2,
2005 at 5:00 pm.salons arden
hairdressing regis
"
"Working with the world's largest operator of hair salons
reinforces our commitment
to the hair salon industry overall and
demonstrates our ability to drive value to hair salon owners
," said
Elizabeth Langwith, vice president, American Express Establishment
Services.51 $
0.palos beautysalons
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