Loading...
•
Dec 31, 2023
Regis Q2 2024 Earnings Report
Regis reported continued profitability.
Key Takeaways
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%.
System-wide revenue declined to $292.4 million from $303.4 million, while system-wide same-store sales improved 1.9%.
Operating income improved to $4.8 million from $0.7 million in the prior year quarter.
Net income was $1.0 million, compared to a net loss of $2.4 million in the same quarter last year.
Adjusted EBITDA declined to $6.0 million from $7.8 million in the prior year quarter.
Regis
Regis
Regis Revenue by Segment
Revenue by Segment
Franchise Revenue
CapyFin.comCompany-owned Salons Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income