businesspress24.com - GRNE Reports Preliminary 2014 Revenues of $3.2M
 

GRNE Reports Preliminary 2014 Revenues of $3.2M

ID: 1341363

(firmenpresse) - SALT LAKE CITY, UT -- (Marketwired) -- 03/03/15 -- (PINKSHEETS: GRNE), a high-end salon and retailer of Aveda™ products, announced its unaudited gross revenues for the year ended December 31, 2014 of $3.2 million.

Richard Surber, President and CEO of Green Endeavors, Inc., stated, "We are making great progress on completing our audited year-end financial statements to be included in our Form 10K. A few key metrics are available at this time including gross revenues of $3.2M and an improvement to working capital of $272,467. It appears that we will post a modest loss of $37,032. These metrics are subject to adjustment by our auditors. My staff will continue its efforts to cut costs even as we gear up for growth in 2015. Green Endeavors enjoys a unique position in the salon industry being that we are the only publicly traded salon company that I am aware of in the mid to high-end market."

Green Endeavors, Inc. (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. , operate hair salons built around the world-class AVEDA™ product line. Our newest wholly owned subsidiary Landis Experience Center, LLC, , sells a full array of Aveda™ products. For more information, visit . GRNE strongly encourages the public to read the above information in conjunction with its filings and disclosures filed in 2012 and 2013. GRNE''s disclosures can be viewed at and . Investors should not invest more than they can afford to lose in penny stocks.



Richard Surber
President
Green Endeavors, Inc.
801-575-8073 x 111




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Bereitgestellt von Benutzer: Marketwired
Datum: 03.03.2015 - 07:30 Uhr
Sprache: Deutsch
News-ID 1341363
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