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Dec 31, 2021
Regis Q2 2022 Earnings Report
Reported an improvement in system-wide same stores sales and a lower cost structure.
Key Takeaways
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.
Total revenue decreased by 32.7% year-over-year to $70.3 million, primarily due to exiting company-owned salons.
System-wide same-store sales increased by 22.1%.
Reported G&A declined by $10.7 million, and adjusted G&A declined by $9.8 million.
Operating loss improved to $1.1 million compared to a $26.8 million loss in the prior year quarter.
Regis
Regis
Regis Revenue by Segment
Revenue by Segment
Franchise Revenue
CapyFin.comCompany-owned Salons Revenue
CapyFin.com Forward Guidance
Earnings webcast scheduled for 9am CST on February 3 will include insight into Regis' go-forward business and future earnings potential.
Revenue & Expenses
Visualization of income flow from segment revenue to net income