Company news

April 12, 2008 at 12:38AM

DEBT AND EQUITIES Regis Corp., Edina, said an early Easter and price increases in 5,600 of its hair salons helped same-store sales increase 1.4 percent in the third quarter, which ended March 31. Revenue rose 3.8 percent, to $680 million, in line with analysts' expectations. The company operates such stores as Cost Cutters, MasterCuts, Vidal Sassoon, PureBeauty and Hair Club for Men and Women.

DIVIDEND Pentair Inc., Golden Valley, declared a regular quarterly cash dividend of 17 cents per share, payable May 9 to shareholders of record April 25.

PERSONNEL Best Buy Co. Inc., Richfield, appointed Mike Mikan to its board of directors. Mikan is executive vice president and chief financial officer of UnitedHealth Group Inc.

Ellerbe Becket, Minneapolis, named Dennis Meyer chief marketing officer.

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