Regis missed earnings badly in a critical quarter for establishing credibility with consumer investors. Instead, this miss has created questions as to whether Alberto's beauty supply business is truly better off as a part of Regis.
More Quotes from Justin Hott:
We expect some disappointment in a flat top line (revenue forecast) for 2006. We would not be surprised if the stock (were) to trade down early on these numbers.Justin Hott
The company did this quarter what it did last quarter Meet estimates while reinvesting in a tough time. But we think investors were expecting upside,
Justin Hott
We think negative news was already priced in and that Kimberly meeting estimates is enough for shares to rise after its recent decline.
Justin Hott
Kimberly did not miss, so we expect investors will gain more faith that other companies yet to announce, such as PG, Colgate and Alberto-Culver, will also have some more optimistic news to share with the market.
Justin Hott
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