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Jun 30, 2023
Regis Q4 2023 Earnings Report
Delivered fourth consecutive quarter of positive operating income, leading to the highest-level of operating income since 2017.
Key Takeaways
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.
System-wide revenue decreased to $311.8 million, while system-wide same-store sales increased by 2.5%.
Operating income improved to $3.6 million, compared to an operating loss of $1.3 million in the prior year.
Net loss improved to $4.8 million, compared to a loss of $42.6 million in the prior year.
Adjusted EBITDA increased to $5.2 million, compared to $1.0 million in the prior year.
Regis
Regis
Regis Revenue by Segment
Revenue by Segment
Franchise Revenue
CapyFin.com Forward Guidance
I am proud of our team and franchisees for their valuable contributions to the year and am excited to make continued progress in fiscal 2024.