GRNE Reports Salon Revenues of $239,477 in January 2012; Up Almost 14% Over January of 2011
22 February 2012 - 1:20AM
Marketwired
Green Endeavors, Inc. (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."
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 2010 and 2011. 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 Email Contact