SOURCE: Green Endeavors, Inc.

Green Endeavors, Inc.

September 01, 2010 14:07 ET

Salon Revenues Increase a Record 12% in July 2010 Over 2009

SALT LAKE CITY, UT--(Marketwire - September 1, 2010) -  Green Endeavors, Inc. (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced that its main salon operations estimated net revenue for the month of July 2010 was $172,845 compared to $154,853 for the month of July in 2009, an increase of $17,992 or 12%.

Richard Surber, CEO, stated, "I believe that the 2010 revenues in comparison to previous July revenues is the best we have ever achieved and the 12% increase is one of the largest increases in the history of Landis Salons. Summers are not typically the strongest revenue producing months. The trend is even more impressive when compared to July 2008 revenue of $142,906, a 20% increase."

Mr. Surber further commented, "The revenue growth in July 2010 is largely in part to successful hiring efforts that have resulted in increased service capacity. Our stepped up hiring efforts will continue well into 2011 as we prepare for the opening of our new Landis Lifestyle Salon. The new location will have 14 stations to accommodate the growing demand for the quality services provided by Landis Salons. The expansion and growth potential of the new location is anticipated to lead to continued growth in revenue over the next several months and years." 

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 owns a majority interest in Landis Salons, Inc. http://www.landissalons.com, hair salons built around the world-class Aveda product line. Landis Salons use and sell Aveda™ products exclusively. 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 2009 and 2010. GRNE's disclosures can be viewed at www.green-endeavors.com, www.sec.gov and www.pinksheets.com.

This press release reports information gathered on a preliminary basis for select points in time. The numbers are not audited, have not been reviewed by an independent accountant, and are subject to change and further review as more information is gathered. This press release also contains forward-looking statements. There are no assurances that such assumptions will prove correct with regard to potential additional location. The actual results that GRNE may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. 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