First Choice Haircutters

Felipe Athayde Commences His New Appointment as Regis’ Chief Executive Officer and President

Retrieved on: 
Monday, October 5, 2020

Regis Corporation (NYSE:RGS), a leader in the haircare industry, whose primary business is franchising, owning, and operating technology-enabled hair salons, announced that effective today, October 5, 2020 (the Start Date), Felipe A. Athayde commenced his employment with and appointment as Regis Chief Executive Officer and President, which was previously announced on September 8, 2020.

Key Points: 
  • Regis Corporation (NYSE:RGS), a leader in the haircare industry, whose primary business is franchising, owning, and operating technology-enabled hair salons, announced that effective today, October 5, 2020 (the Start Date), Felipe A. Athayde commenced his employment with and appointment as Regis Chief Executive Officer and President, which was previously announced on September 8, 2020.
  • Regis Corporation (NYSE:RGS) is a leader in beauty salons and cosmetology education.
  • As of June 30, 2020, the Company franchised, owned or held ownership interests in 6,923 worldwide locations.
  • Regis franchised and corporate locations operate under concepts such as Supercuts, SmartStyle, Cost Cutters, Roosters and First Choice Haircutters.

Regis to Issue Fourth Quarter Results on August 31, 2020

Retrieved on: 
Thursday, August 27, 2020

Regis Corporation (NYSE:RGS), a leader in the haircare industry, whose primary business is franchising, owning, and operating technology-enabled hair salons, will issue financial results for the fourth fiscal quarter ended June 30, 2020 before the market opens on August 31, 2020.

Key Points: 
  • Regis Corporation (NYSE:RGS), a leader in the haircare industry, whose primary business is franchising, owning, and operating technology-enabled hair salons, will issue financial results for the fourth fiscal quarter ended June 30, 2020 before the market opens on August 31, 2020.
  • Following the release, the Company will host a presentation via webcast for investors beginning at 9:00 a.m. Central time to discuss corporate developments and financial results.
  • As of March 31, 2020, the Company franchised, owned or held ownership interests in 7,026 worldwide locations.
  • Regis' franchised and corporate locations operate under concepts such as Supercuts, SmartStyle, Cost Cutters, Roosters and First Choice Haircutters.

Regis Announces Additional G&A Reductions, Significant Progress in Salon Re-openings and Continued Progress in Its Transition to a Fully Franchised Model

Retrieved on: 
Monday, July 6, 2020

The Companys ongoing transformation to a franchise platform enabled it to take further steps to eliminate administrative costs and personnel.

Key Points: 
  • The Companys ongoing transformation to a franchise platform enabled it to take further steps to eliminate administrative costs and personnel.
  • These additional restructuring actions are expected to result in nearly $6.0 million of annualized general and administrative expense savings.
  • As of July 1st, 88% of franchise salon locations were open and 68% of company-owned salons were open.
  • Regis franchised and corporate locations operate under concepts such as Supercuts, SmartStyle, Cost Cutters, Roosters and First Choice Haircutters.

Regis to Issue Second Quarter Results on June 18, 2020

Retrieved on: 
Thursday, June 11, 2020

Regis Corporation (NYSE:RGS), a leader in the haircare industry, whose primary business is franchising, owning, and operating technology enabled hair salons, will issue financial results for the third fiscal quarter ended March 31, 2020 before the market opens on June 18, 2020.

Key Points: 
  • Regis Corporation (NYSE:RGS), a leader in the haircare industry, whose primary business is franchising, owning, and operating technology enabled hair salons, will issue financial results for the third fiscal quarter ended March 31, 2020 before the market opens on June 18, 2020.
  • Following the release, the Company will host a presentation via webcast for investors beginning at 9:00 a.m. Central time to discuss corporate developments and financial results.
  • To participate in the live webcast, interested parties can log in to www.regiscorp.com , or participate via telephone by dialing (800) 458-4121 and entering access code 5153028.
  • Regis' franchised and corporate locations operate under concepts such as Supercuts, SmartStyle, Cost Cutters, Roosters and First Choice Haircutters.

Regis Takes Additional Action to Mitigate COVID-19 Impact

Retrieved on: 
Tuesday, March 31, 2020

Additionally, Regis is implementing a furlough program which impacts a substantial majority of its workforce representing approximately 485 positions across its corporate office, field support and distribution centers.

Key Points: 
  • Additionally, Regis is implementing a furlough program which impacts a substantial majority of its workforce representing approximately 485 positions across its corporate office, field support and distribution centers.
  • In order to mitigate the financial challenge of the furlough on its employees, Regis will pay the employee portion of benefits premiums during this period if the employee has coverage under Regis sponsored benefits plans.
  • Regis will continue to follow the guidelines of government and health officials in determining when it will reopen its salons and offices.
  • Regis' franchised and corporate locations operate under concepts such as Supercuts, SmartStyle, Cost Cutters, Roosters and First Choice Haircutters.

Regis Takes Immediate Action to Mitigate COVID-19 Impact

Retrieved on: 
Thursday, March 19, 2020

Taking into account Regiss existing cash balance of approximately $61 million and the $183 million credit facility draw, Regis maintains approximately $244 million of liquidity at this time.

Key Points: 
  • Taking into account Regiss existing cash balance of approximately $61 million and the $183 million credit facility draw, Regis maintains approximately $244 million of liquidity at this time.
  • Regis is hopeful this will enable our franchisees, many of whom are small business owners, to address potential hardships during this national emergency.
  • Requested that all non-essential personnel at our office locations work remotely utilizing remote technologies the company launched several months ago.
  • Regis' franchised and corporate locations operate under concepts such as Supercuts, SmartStyle, Cost Cutters, Roosters and First Choice Haircutters.

Regis to Issue Second Quarter Results on February 4, 2020

Retrieved on: 
Tuesday, January 21, 2020

Regis Corporation (NYSE:RGS), a leader in the haircare industry, whose primary business is franchising, owning, and operating technology enabled hair salons, will issue financial results for the second fiscal quarter ended December 31, 2019 before the market opens on Tuesday, February 4, 2020.

Key Points: 
  • Regis Corporation (NYSE:RGS), a leader in the haircare industry, whose primary business is franchising, owning, and operating technology enabled hair salons, will issue financial results for the second fiscal quarter ended December 31, 2019 before the market opens on Tuesday, February 4, 2020.
  • Following the release, the Company will host a presentation via webcast for investors beginning at 9:00 a.m. Central time to discuss corporate developments and financial results.
  • To participate in the live webcast, interested parties can log in to www.regiscorp.com , or participate via telephone by dialing (800) 367-2403 and entering access code 8274513.
  • Regis' franchised and corporate locations operate under concepts such as Supercuts, SmartStyle, Cost Cutters, Roosters and First Choice Haircutters.

Regis Announces Significant Actions To Reduce G&A Costs As The Company Continues Its Transition To A Fully Franchised Model

Retrieved on: 
Thursday, January 16, 2020

Regis has eliminated administrative costs and personnel substantially required to support the companys historical portfolio of owned and operated salons.

Key Points: 
  • Regis has eliminated administrative costs and personnel substantially required to support the companys historical portfolio of owned and operated salons.
  • We are pleased that we are at a point in our transformation where we can continue efforts underway to re-engineer our cost structure.
  • As of September 30, 2019, the Company franchised, owned or held ownership interests in 7,092 worldwide locations.
  • Regis' franchised and corporate locations operate under concepts such as Supercuts, SmartStyle, Cost Cutters, Roosters and First Choice Haircutters.

Regis Announces Sale of 121 SmartStyle Salons to Yellowhammer Salon Group

Retrieved on: 
Thursday, December 5, 2019

Regis Corporation (NYSE: RGS), a leader in the haircare industry, whose primary business is franchising, owning, and operating hair salons, today announced the sale of 121 salons to the Yellowhammer Salon Group.

Key Points: 
  • Regis Corporation (NYSE: RGS), a leader in the haircare industry, whose primary business is franchising, owning, and operating hair salons, today announced the sale of 121 salons to the Yellowhammer Salon Group.
  • Browning Thornton, CEO of the newly formed Yellowhammer Salon Group, is a former Apache Helicopter pilot and Company Commander in the US Army.
  • We are pleased to see the expansion of our relationship with Browning and the Yellowhammer Salon Group.
  • Regis franchised and corporate locations operate under concepts such as Supercuts, SmartStyle, Cost Cutters, Roosters and First Choice Haircutters.

Regis to Issue First Quarter Results on October 29, 2019

Retrieved on: 
Tuesday, October 15, 2019

Regis Corporation (NYSE:RGS), a leader in the haircare industry, whose primary business is franchising, owning, and operating hair salons, will issue financial results for the first fiscal quarter ended September 30, 2019 before the market opens on Tuesday, October 29, 2019.

Key Points: 
  • Regis Corporation (NYSE:RGS), a leader in the haircare industry, whose primary business is franchising, owning, and operating hair salons, will issue financial results for the first fiscal quarter ended September 30, 2019 before the market opens on Tuesday, October 29, 2019.
  • Following the release, the Company will host a presentation via webcast for investors beginning at 9:00 a.m. Central time to discuss corporate developments and financial results.
  • As of June 30, 2019, the Company franchised, owned or held ownership interests in 7,145 worldwide locations.
  • Regis corporate and franchised locations operate under concepts such as Supercuts, SmartStyle, Cost Cutters, Roosters and First Choice Haircutters.