Q4 revenue rose to $60.4M with net income reaching $116.5M, supported by positive operating income and a $115.5M income tax benefit.
Regis Corporation achieved year-over-year revenue growth and positive net income in Q3 2025, supported by strategic salon acquisitions and efficiency gains. Despite a slight dip in same-store sales, key profitability metrics improved significantly.
Regis Corporation reported improved profitability for the second fiscal quarter 2025, driven by operating income from Alline salons and improvements to the Company’s cost structure. The Alline acquisition was completed at the end of the fiscal quarter. Consolidated revenue decreased due to lower non-margin franchise rental income and lower advertising fund contributions.
Regis Corporation reported a decrease in consolidated revenue to $46.1 million compared to $53.4 million in the prior year, driven by lower store count and same-store sales. The company experienced a net loss of $0.9 million compared to a net income of $1.2 million in the prior year, with diluted EPS of ($0.36). Adjusted net income was $2.6 million, and adjusted EBITDA was $7.6 million.
Regis Corporation reported improved operating income and adjusted EBITDA compared to the same quarter last year, driven by lower general and administrative expenses, despite a decrease in system-wide revenue. The company is focused on long-term growth through customer experience improvements, new technology implementation, stylist community support, and expense management.
Regis Corporation reported financial results for the second fiscal quarter ended December 31, 2023. The company saw improvements in operating income and net income compared to the same quarter last year, driven by efforts to streamline the business. System-wide same-store sales improved by 1.9%.
Regis Corporation reported positive net income and improved adjusted EBITDA for the first fiscal quarter of 2024. The company's Board of Directors intends to evaluate a range of strategic alternatives.
Regis Corporation reported positive operating income for the fourth consecutive quarter, reaching the highest level since 2017. The company demonstrated growth across key financial metrics, including same-store sales, operating income, and adjusted EBITDA. Regis has largely stabilized the business in a challenging operating environment.
Regis Corporation reported positive third quarter results with year-over-year growth in key financial metrics, including the third consecutive quarter of positive operating income. System-wide revenue increased, operating income improved, and the net loss decreased compared to the same quarter last year.
Regis Corporation reported improved financial results for Q2 2023, with system-wide same-store sales increasing by 4.5%. Operating income improved to $0.7 million, and adjusted EBITDA reached $7.8 million. The company's net loss improved to $2.4 million, reflecting the success of its transformation to an asset-light franchise business.
Regis Corporation reported a positive first quarter with system-wide same-store sales increasing by 4.5% and operating profit improving by $7.4 million to $2.5 million. The company's net income also improved by $11.9 million to $1.5 million.
Regis Corporation reported Q4 2022 results with revenue of $66.1 million. The company achieved positive adjusted EBITDA, excluding salon sales, of $1.1 million, a $15.6 million improvement compared to Q4 2021. The net loss from continuing operations was $8.6 million, or $0.19 loss per diluted share.
Regis Corporation reported a total revenue of $64.7 million, which includes Royalty growth of 23.1%. System-wide same-store sales increased 8.6%. The Franchise segment posted adjusted EBITDA of $3.0 million compared to a loss of $7.0 million in third quarter 2021.
Regis Corporation reported a decrease in total revenue due to exiting company-owned salons, but system-wide same-store sales increased. Operating loss and net loss improved compared to the prior year quarter, and adjusted EBITDA also showed improvement.
Regis Corporation reported a net loss of $10.4 million for Q1 2022, an improvement compared to a net loss of $35.3 million in Q1 2021. The company proactively bolstered its liquidity by raising $37 million and is reducing annual G&A spend by approximately $5 million.
Regis Corporation reported Q4 2021 results, highlighting the completion of its transformational phase and progress on foundational initiatives. System-wide same-store sales increased by 4.2% compared to Q4 2020. The company finalized its corporate reorganization and zero-based budgeting process, resulting in a right-sized G&A structure. The rollout of the Opensalon® Pro technology platform continued, with over 2,100 salons now running or contracted to install it.
Regis Corporation reported a net loss from continuing operations of $10.8 million, or $0.30 loss per diluted share, for Q3 2021. Total revenue was $100.3 million, a decrease of 34.8% year-over-year. The company refranchised 126 company-owned salons to franchisees during the third quarter and an additional 109 salons in the fourth quarter to date. As of March 31, 2021, approximately 87% of the Company's salon portfolio was franchised.
Regis Corporation reported a net loss from continuing operations of $32.9 million, or $0.92 loss per diluted share. Excluding discrete items, the company reported an adjusted net loss of $25.9 million, or $0.72 loss per diluted share. Total revenue in the quarter was $104.3 million, a decrease of 50.0% year-over-year.
Regis Corporation reported a first quarter 2021 net loss from continuing operations of $35.3 million, or $0.98 loss per diluted share. Excluding discrete items, the Company reported first quarter 2021 adjusted net loss of $27.9 million, or $0.78 loss per diluted share.
Regis Corporation reported a fourth quarter 2020 net loss from continuing operations of $73.7 million, or $2.04 loss per diluted share, significantly impacted by government-mandated temporary salon closures and including a non-cash long-lived asset impairment charge of $22.6 million.
Regis Corporation reported a third quarter 2020 net loss from continuing operations of $75.3 million, or $2.10 loss per diluted share, as compared to net loss from continuing operations of $14.8 million, or $0.37 loss per diluted share in the third quarter of 2019. Excluding discrete items, the Company reported third quarter 2020 adjusted net loss of $4.5 million, or $0.12 loss per diluted share as compared to adjusted net income of $15.4 million, or $0.37 earnings per diluted share, for the same period last year.
Regis Corporation reported a net loss from continuing operations of $9.5 million, or $0.26 loss per diluted share, for the second quarter of 2020. Adjusted net income was $4.6 million, or $0.13 earnings per diluted share. Total revenue was $208.8 million, a decrease of 24.0% year-over-year. The company sold and converted 443 company-owned salons to its asset-light franchise portfolio during the quarter and expects its transition to be substantially complete by the end of the calendar year.