STOCK TITAN

Regis Corp. - RGS STOCK NEWS

Welcome to our dedicated news page for Regis (Ticker: RGS), a resource for investors and traders seeking the latest updates and insights on Regis.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Regis's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Regis's position in the market.

Rhea-AI Summary
Regis (NasdaqGM:RGS) will announce its financial results for the third fiscal quarter ended March 31, 2024, on May 1, 2024. The company will host a webcast presentation for investors to discuss corporate developments and financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.83%
Tags
-
Rhea-AI Summary
Regis Corporation (RGS) reported financial results for the second fiscal quarter ended December 31, 2023. The company saw improvements in operating income, net income, and adjusted EBITDA compared to the same quarter last year. System-wide same-store sales improved by 1.9%, and the company is focused on streamlining operations, reducing costs, and increasing franchisee sales and profitability. Despite these positive aspects, system-wide revenue declined by $11.0 million, and franchise adjusted EBITDA declined by $1.1 million compared to the same quarter last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.59%
Tags
-
Rhea-AI Summary
Regis Corporation (RGS) announced the adoption of a tax benefits preservation plan to protect its net operating loss carryforwards (NOLs) and certain other tax attributes. The plan aims to prevent an 'ownership change' that would limit the company's ability to use its NOLs to offset taxable income. The plan includes a preferred stock purchase right dividend and will remain in effect until January 29, 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
Tags
none
Rhea-AI Summary
Regis Corporation (RGS) will release its financial results for the second fiscal quarter ended December 31, 2023, on January 31, 2024. The company will also host a webcast to discuss its corporate developments and financial performance, with a replay available later in the day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.61%
Tags
-
Rhea-AI Summary
The press release announces a promotional offer for the Big Game, where registrants could get a free haircut if the combined score hits 75 or more points. The promotion is set to take place on the specified date in Minneapolis.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.07%
Tags
none
-
Rhea-AI Summary
Supercuts® (Ticker: CUTS) hosts annual Las Vegas Education Destination to provide educational training for 750+ hair educators, managers, and stylists, as well as 120 franchisees, focusing on the latest techniques and trends in the hair industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
none
Rhea-AI Summary
Regis Corporation (RGS) will transfer its stock exchange listing from the NYSE to Nasdaq on January 8, 2024, with shares expected to begin trading on January 9, 2024. The company will retain its current ticker symbol “RGS” and expects to be in full compliance with Nasdaq listing requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Regis Corporation (RGS) has requested an oral hearing of the NYSE’s decision to commence proceedings to delist its common stock. Regis plans to present its compliance plan at the hearing and is evaluating all available listing options. The company's common stock has not been suspended from trading and is expected to continue to be listed and traded on the NYSE while the appeal remains pending. However, the NYSE reserves the right to suspend trading in Regis common stock. NYSE Regulation has determined that Regis was unable to demonstrate compliance with the applicable listing standard, as previously disclosed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.48%
Tags
none
-
Rhea-AI Summary
Regis Corporation (RGS) will appeal the NYSE’s decision to delist its common stock. The company plans to present its compliance plan at the hearing and explore other listing options. Regis common stock is expected to continue trading on the NYSE during the appeal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.4%
Tags
none
Rhea-AI Summary
Regis Corporation (RGS) faces potential delisting from the New York Stock Exchange (NYSE) due to non-compliance with listing standards, specifically related to stockholders' equity and total market capitalization. The company has the opportunity to request a review by the Committee of the Board of Directors of the NYSE to contest the delisting proceedings. Regis is also considering alternative options, including seeking listing on another national securities exchange.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.05%
Tags
none
Regis Corp.

NYSE:RGS

RGS Rankings

RGS Stock Data

15.52M
1.97M
12.42%
24.5%
2.48%
Cosmetology and Barber Schools
Educational Services
Link
US
Minneapolis

About RGS

regis corporation (nyse:rgs), headquartered in minneapolis, minn., is a leader in beauty salons and cosmetology education. the company owns, franchises or holds ownership interests in nearly 10,000 worldwide locations. regis'​ corporate and franchise locations operate under concepts such as supercuts, smartstyle, mastercuts, regis salons, sassoon salon, cost cutters and first choice haircutters. regis maintains ownership interests in empire education group in the u.s. and the my style concepts in japan.