SOURCE: Green Endeavors, Inc.

Green Endeavors, Inc.

March 03, 2015 08:30 ET

GRNE Reports Preliminary 2014 Revenues of $3.2M

SALT LAKE CITY, UT--(Marketwired - Mar 3, 2015) - Green Endeavors, Inc. (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."

About Green Endeavors, Inc.:
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. http://www.landissalons.com, operate hair salons built around the world-class AVEDA™ product line. Our newest wholly owned subsidiary Landis Experience Center, LLC, http://www.avedaatcitycreek.com, sells a full array of Aveda™ products. For more information, visit http://www.green-endeavors.com. 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 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 111
    Email Contact