Regis Corp Stock Price, News & Analysis

Regis Corporation (NasdaqGM:RGS), a prominent haircare industry leader, has scheduled the release of its third quarter fiscal 2025 financial results for May 13, 2025, before market opening.

The company will host a webcast presentation for investors at 7:30 a.m. Central time to discuss corporate developments and financial performance. Interested participants can register for the live webcast through a direct registration link or by visiting www.regiscorp.com/investor-relations.

Key details:

• Results cover the quarter ended March 31, 2025
• A replay will be available on the same day
• Investors can submit questions in advance via email to investorrelations@regiscorp.com

Regis (RGS), a prominent haircare industry leader, has announced its upcoming participation in the 37th Annual ROTH Conference, scheduled for March 16-18, 2025, in Dana Point, California.

The conference will showcase approximately 450 growth companies across diverse sectors including Business Services, Consumer, Healthcare, Industrial Growth, Insurance, Resources, Sustainability, and Technology, Media and Entertainment. The event format includes one-on-one meetings, small group sessions, analyst-led fireside chats, and industry keynotes and panels.

Regis (RGS) reported financial results for Q2 FY2025, showing improved profitability despite challenging sales conditions. The company completed the Alline Salon Group acquisition, adding new profitability and cash flow opportunities to complement their franchise business.

Key financial highlights include:

• Q2 consolidated revenue of $46.7M (vs $51.1M in Q2 2024)
• Net income of $7.6M with diluted EPS of $2.71 (vs $1.0M and $0.43 in Q2 2024)
• Adjusted EBITDA of $7.1M (vs $6.3M in Q2 2024)
• Same-store sales decreased 1.6%

The company ended Q2 with $10.2M in cash, $126.4M in outstanding borrowings, and total liquidity of $15.9M. Operating cash flow improved by $7.6M compared to the previous year.

Regis (RGS), a leader in the haircare industry, has announced it will release its second quarter fiscal 2025 financial results before market opening on February 12, 2025. The company will host a webcast presentation for investors at 7:30 a.m. Central time to discuss corporate developments and financial performance.

Investors can participate by registering through the company's investor relations website. A replay will be available later that day. Questions for the earnings call can be submitted in advance via email to investorrelations@regiscorp.com.

Regis (RGS) has appointed Susan Lintonsmith to its Board of Directors, effective January 15, 2025. Lintonsmith brings extensive experience from the food and beverage industry, having held key positions at Pizza Hut, Coca-Cola, Horizon Organic, Red Robin, and Quiznos, where she served as CEO. She later transitioned to the health and wellness sector as CEO of Elements Massage in 2019.

Chairman Michael Merriman highlighted Lintonsmith's valuable strategic business perspective, citing her significant franchise and public company experience. She currently serves on the boards of The ONE Group Hospitality and Checkers Drive-In Restaurants. Lintonsmith holds an MBA in marketing and finance from Indiana University and is a graduate of the University of Notre Dame.

Regis (RGS) has acquired Alline Salon Group (ASG), its largest franchisee, for an initial consideration of $22 million with potential additional earn-out payments of $3 million over three years. The acquisition includes 314 salons operating under Supercuts, Cost Cutters, and Holiday Hair brands across five states, primarily in Michigan, Ohio, and Pennsylvania.

The acquired portfolio generates $83 million in revenue and $5.8 million in EBITDA. The initial consideration represents 3.79x TTM EBITDA, with expected synergies of $1.0-1.5 million by 2026. The transaction was financed through $15 million in credit agreement proceeds, $4 million cash, and $3 million in Regis stock. Post-acquisition, Regis maintains a 93% franchise base, preserving its asset-light model while gaining operational testing capabilities for brand initiatives.

Supercuts, owned by Regis (RGS), has partnered with Military Makeover with Montel for its 40th season, featuring Sergeant Kevin Jones and his family from Texas. The company provided hair makeovers and $500 gift cards to the Jones family. The episode will air on December 13 and re-air on December 19 on Lifetime TV.

As of September 30, 2024, Supercuts operates 1,935 salons in the United States and Canada, generating sales of nearly $148 million in Q1 fiscal 2025. Parent company Regis franchised or owned 4,359 locations across various brands including Supercuts, SmartStyle, Cost Cutters, Roosters, and First Choice Haircutters.

Regis (RGS) reported financial results for Q1 FY2025, showing mixed performance. Consolidated revenue decreased to $46.1 million from $53.4 million year-over-year, with same-store sales declining 1.1%. The company reported a net loss of $0.9 million versus net income of $1.2 million in the prior year. However, adjusted net income improved to $2.6 million from $1.7 million. Adjusted EBITDA was $7.6 million with a 40% margin. The results were impacted by one-time items, including a $2.3 million severance accrual and $1.1 million stock-based compensation adjustment.