GRNE news this morning! GRNE Reports Record S
Post# of 1842
GRNE news this morning!
GRNE Reports Record Salons Revenue for May of $261,038; Up 14.67% Over May 2011
Green Endeavors, Inc. GRNE, a majority owned subsidiary of Nexia Holdings, Inc. NXHD, announced record May revenue growth.
Green Endeavors is reporting that the combined unaudited revenues for both Landis Lifestyle Salon locations were $261,038 for the month of May 2012; which is an increase of $33,139 or 14.67% compared to May 2011. The newer Marmalade salon reported May 2012 sales of $74,520; a $9,202 or 14.1% increase from the comparable month of 2011. Our flagship Liberty Heights salon reported revenues in May 2012 of $186,518; a $23,937 or 14.72% increase over May 2011.
Kassie Hill, our Regional Salon Manager, observed, "Our training program continues to graduate talented new Grand Salon Stylists which contributes to our revenue growth in the salons. These positive results show the long term benefit of how our New Artist program allows newly trained stylists to sharpen their skills and complete their Aveda™ education."
About Green Endeavors, Inc.:
Green Endeavors, Inc. (OTCQB: GRNE) (PINKSHEETS: GRNE), headquartered in Salt Lake City, Utah, is a holding company with operations in health & beauty. GRNE's wholly owned subsidiaries, Landis Salons, Inc. and Landis Salons II, Inc. http://www.landissalons.com, operate hair salons built around the world-class AVEDA™ product line. For more information, visit http://www.green-endeavors.com. The numbers are not audited and have not been reviewed by an independent accountant. GRNE strongly encourages the public to read the above information in conjunction with its filings and disclosures filed in 2011 and 2012. GRNE's disclosures can be viewed at www.sec.gov and www.otcmarkets.com. Investors should not invest more than they can afford to lose in penny stocks.
FOR MORE INFORMATION, CONTACT:
Richard Surber
President
Green Endeavors, Inc.
801-575-8073 x 106
(0)
(0)