REGIS CORPORATION


Associated tags: Regis Corporation, Supercuts, Chicken, Corporation, RGS, Retail, Cosmetics, Women, Consumer, Fashion, NYSE, Men, Family, Teens, Bridal

Locations: UNITED STATES, NORTH AMERICA, MINNESOTA

Regis Corporation Announces Reverse Stock Split to Regain Compliance with Minimum Bid Price Requirements

Retrieved on: 
Friday, November 17, 2023

The reverse stock split is primarily intended to bring the Company into compliance with stock exchange minimum bid price requirements, as the Company explores opportunities to remain listed on a national securities exchange.

Key Points: 
  • The reverse stock split is primarily intended to bring the Company into compliance with stock exchange minimum bid price requirements, as the Company explores opportunities to remain listed on a national securities exchange.
  • Following the reverse stock split, the Company's common stock will continue to trade under the symbol “RGS”.
  • The reverse stock split will affect all issued and outstanding shares of the Company’s common stock, as well as the number of shares of common stock available for issuance under the Company’s outstanding stock options and stock unit awards.
  • The reverse stock split will reduce the number of shares of common stock issuable upon the exercise of stock options outstanding and the vesting of stock unit awards outstanding immediately prior to the reverse stock split and correspondingly increase the respective exercise prices or other price dependent terms.

Regis Corporation Reports Continued Profitability for the First Fiscal Quarter 2024 and the Review of Strategic Alternatives

Retrieved on: 
Wednesday, November 1, 2023

Matthew Doctor, Regis Corporation’s President and Chief Executive Officer, commented: "Our first quarter fiscal 2024 financial results reflect the continued improvements and progress we are making in our business.

Key Points: 
  • Matthew Doctor, Regis Corporation’s President and Chief Executive Officer, commented: "Our first quarter fiscal 2024 financial results reflect the continued improvements and progress we are making in our business.
  • Adjusted EBITDA improved to $7.5 million compared to $3.8 million in Q1 fiscal 2023, and we demonstrated positive net income from operations for the first time since fiscal 2018, with $1.2 million in the quarter.
  • In addition to the continued progress on profitability, we announced today that we will be reviewing strategic alternatives with the goal of strengthening our balance sheet and positioning Regis for growth.
  • This net debt level compares to an equivalent figure of $32 million in the fiscal quarter ended December 31, 2019.

Regis to Issue First Quarter 2023 Results on November 1, 2023

Retrieved on: 
Wednesday, October 25, 2023

Regis Corporation (NYSE:RGS), a leader in the haircare industry, will issue financial results for the first quarter ended September 30, 2023 before the market opens on November 1, 2023.

Key Points: 
  • Regis Corporation (NYSE:RGS), a leader in the haircare industry, will issue financial results for the first quarter ended September 30, 2023 before the market opens on November 1, 2023.
  • Following the release, the Company will host a presentation via webcast for investors beginning at 7:30 a.m. Central time to discuss its corporate developments and financial performance.
  • To participate in the live webcast, interested parties may register here or register by logging into www.regiscorp.com/investor-relations .
  • A replay of the presentation will be available later that day at the same address.

Regis Corporation Receives Continued Listing Notice From NYSE

Retrieved on: 
Friday, October 6, 2023

Regis Corporation (NYSE: RGS), a leader in the haircare industry, today announced that it has received written notice (the “Notice”) from the New York Stock Exchange (“NYSE”) that the Company does not presently meet the NYSE’s continued listing standard that requires the Company to maintain a minimum average closing price of $1.00 per share over a period of 30 consecutive trading days.

Key Points: 
  • Regis Corporation (NYSE: RGS), a leader in the haircare industry, today announced that it has received written notice (the “Notice”) from the New York Stock Exchange (“NYSE”) that the Company does not presently meet the NYSE’s continued listing standard that requires the Company to maintain a minimum average closing price of $1.00 per share over a period of 30 consecutive trading days.
  • As set forth in the Notice, as of October 3, 2023, the 30 trading-day average price of the Company’s common stock was $0.92.
  • The NYSE provides for a period of six months following receipt of the Notice for the Company to meet the share price standard and regain compliance for continued listing on the NYSE.
  • The Notice has no immediate impact on the listing of the Company’s common stock, which will continue to be listed and traded on the NYSE, subject to the Company’s compliance with the other continued listing requirements of the NYSE.

Supercuts® to Enter India Market Through Master Franchise Agreement

Retrieved on: 
Wednesday, September 20, 2023

With more than 2,000 locations across the U.S., Supercuts is set to enter India with a strategic Master Franchise Agreement.

Key Points: 
  • With more than 2,000 locations across the U.S., Supercuts is set to enter India with a strategic Master Franchise Agreement.
  • Through this agreement, Ravishing Style is expected to open no fewer than 100 salons within the first five years, with a vision to grow further through exclusive sub-franchising rights across Northern and Western India.
  • Matthew Doctor, President and Chief Executive Officer of Regis Corporation, emphasized, "This agreement marks an important milestone in Regis Corporation's growth strategy.
  • India, a market full of long-term growth potential, is primed to experience the first large-scale, U.S.-based salon brand in the country.

Regis to Issue Fourth Quarter and Full Year 2023 Results on August 23, 2023

Retrieved on: 
Wednesday, August 16, 2023

Regis Corporation (NYSE:RGS), a leader in the haircare industry, will issue financial results for the fourth quarter and full year ended June 30, 2023 before the market opens on August 23, 2023.

Key Points: 
  • Regis Corporation (NYSE:RGS), a leader in the haircare industry, will issue financial results for the fourth quarter and full year ended June 30, 2023 before the market opens on August 23, 2023.
  • Following the release, the Company will host a presentation via webcast for investors beginning at 7:30 a.m. Central time to discuss its corporate developments and financial performance.
  • To participate in the live webcast, interested parties may register here or register by logging into www.regiscorp.com/investor-relations .
  • A replay of the presentation will be available later that day at the same address.

Supercuts® Gets Real with New Campaign Celebrating Logical Groups of People

Retrieved on: 
Tuesday, July 18, 2023

MINNEAPOLIS, July 18, 2023 /PRNewswire/ -- Supercuts®, the original value salon, launched a new brand campaign that asks, could millions of logical people be wrong? Titled "Real Smart Hair," the campaign celebrates the real people who make the smart decision to get their hair cut and styled at Supercuts.

Key Points: 
  • Titled "Real Smart Hair," the campaign celebrates the real people who make the smart decision to get their hair cut and styled at Supercuts.
  • "No matter what or who you are, you belong at Supercuts and you deserve to look your best."
  • "Rather than relying on hyperbole, this campaign honestly points to the millions of real, smart people who trust Supercuts.
  • For more information on Supercuts, or to find one of its 2,200 no-appointment-required salons across the country, visit Supercuts.com.

Regis Announces Participation in the 2023 Jefferies Consumer Conference

Retrieved on: 
Friday, June 16, 2023

Regis Corporation (NYSE:RGS), a leader in the haircare industry, today announced their participation in the 2023 Jefferies Consumer Conference to be held June 20-21, 2023 in Nantucket, Massachusetts.

Key Points: 
  • Regis Corporation (NYSE:RGS), a leader in the haircare industry, today announced their participation in the 2023 Jefferies Consumer Conference to be held June 20-21, 2023 in Nantucket, Massachusetts.
  • Matthew Doctor, CEO, and Kersten Zupfer, CFO, will meet in-person with investors throughout the conference and hold a breakout session on June 21, 2023 at 1:00 p.m. Eastern Time.

Regis to Participate in Fireside Chat with IPO Edge Today at 2:00 PM ET

Retrieved on: 
Thursday, May 18, 2023

Regis Corporation (NYSE: RGS), a leader in the haircare industry, today announced it will participate in a fireside chat with IPO Edge this afternoon at 2:00 PM ET.

Key Points: 
  • Regis Corporation (NYSE: RGS), a leader in the haircare industry, today announced it will participate in a fireside chat with IPO Edge this afternoon at 2:00 PM ET.
  • The live event will feature Regis President and Chief Executive Officer, Matthew Doctor, EVP and Chief Operating Officer, Jim Lain and EVP and Chief Financial Officer, Kersten Zupfer who will cover topics ranging from:
    Regis’ transformation to an asset-light, franchise model
    To register for the event, which will include an audience Q&A session and run approximately one-hour, Click Here.