SOURCE: Green Endeavors, Inc.

Green Endeavors, Inc.

April 09, 2012 09:25 ET

GRNE Reports First Quarter 2012 Salon Revenue of $735,106; Up 13.6% Over Last Year

SALT LAKE CITY, UT--(Marketwire - Apr 9, 2012) - Green Endeavors, Inc. (OTCQB: GRNE) (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), is pleased to announced substantial revenue growth for the first quarter of 2012.

Green is reporting that the combined unaudited revenues for both Landis Lifestyle Salon locations were $735,106 for the first quarter of 2012; which is an increase of $88,244 or 13.6% compared to the first quarter of 2011. The newer Marmalade salon reported 2012 first quarter sales of $206,436; a $30,123 or 17% increase from the comparable period of 2011. Our flagship Liberty Heights salon reported revenues in the first quarter of 2012 of $528,670; a $58,120 or 12.4% increase over the same period from 2011.

Richard D. Surber, CEO of GRNE, stated, "Based upon the first quarter results we are on track for a record year at our salons. My staff is vigorously stepping up their efforts to hire and train additional staff. The training and hiring efforts will further increase our capacity to service additional guests and will set the stage for our next salon location."

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.

Contact Information

  • FOR MORE INFORMATION, CONTACT:
    Richard Surber
    President
    Green Endeavors, Inc.
    801-575-8073 x 106
    Email Contact