GRNE looking SOLID. Hammer
GRNE's Salon Revenues Reach $255,000 for August 2011; Marmalade Store Achieves Record SalesFont size: A | A | A8:30 AM ET 9/12/11 | Marketwire
Green Endeavors, Inc. (OTCQB: GRNE) (PINKSHEETS: GRNE), a majority-owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced today that its Landis / AVEDA(TM) salon operations, which are powered in part by renewable energy, posted revenues of $255,000 for the month of August 2011, a 20% increase over the same month in 2010.
Revenues were generated from two locations, Landis' flagship store located in Liberty Heights and its newest store in the Marmalade district of Salt Lake City. Combined total revenues for both locations were $254,993 (unaudited) in August 2011, compared to total revenues of $194,256 (audited) for the comparable month in 2010. The Marmalade salon reported its best month ever since opening its doors in October 2010 and the August revenue numbers continue a pattern of growth month to month.
"It is satisfying to see the continued success of our flagship store in Liberty Heights, as we reach new milestones at our Marmalade location," said Richard Surber, CEO of Nexia Holdings, Inc. and Green Endeavors, Inc. "Month after month, Landis has consistently grown sales in the double-digit range this year over last. This is a testament to the hard work and value offered by Landis employees. Landis has proven once again that it can succeed in a challenging economy, while reducing its overall impact on the environment."
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