GRNE Reports Salon Revenues of $239,477 in January 2012; Up Almost 14% Over January of 2011
(firmenpresse) - SALT LAKE CITY, UT -- (Marketwire) -- 02/21/12 -- (OTCQB: GRNE) (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced strong revenue growth for January of 2012.
Combined unaudited revenues for both locations were $239,477 for the month of January 2012; which is an increase of $29,257 or 13.9% compared to January 2011. Our Marmalade location reported January 2012 sales of $66,320; a $10,775 or 19.4% increase from the comparable month of 2011. Our Liberty Heights location reported revenue growth with January 2012 sales of $173,157; an $18,481 or 11.9% increase over January 2011.
Richard D. Surber, CEO of GRNE, stated, "I continue to be encouraged by strong revenue growth. Our salons have the capacity for substantial growth as we continue our efforts to staff our existing locations and look forward bringing on additional locations. Our existing locations could use as many as 20 additional stylists. I expected further revenue growth as 2012 progresses."
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., , operate hair salons built around the world-class AVEDA™ product line. For more information, visit . 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 2010 and 2011. 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 106
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Datum: 21.02.2012 - 14:20 Uhr
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News-ID 116783
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