Regis Corporation (RGS) Misses Q4 EPS by 8c
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Regis Corporation Reports Fourth Quarter and Full Year 2022 Results
August 23, 2022 6:00 AM EDTMINNEAPOLIS--(BUSINESS WIRE)-- Regis Corporation (NYSE: RGS), a leader in the haircare industry, today reported results for the fourth quarter and full year ended June 30, 2022. Highlights from the year include:
Fourth quarter and full year revenue of $66.1 million and $276.0 million, including royalty growth of 12.1% and 25.6%, respectively. System-wide same-store sales increase of 7.1% in the quarter and 14.8% in fiscal year 2022. Positive fourth quarter adjusted EBITDA, excluding salon sales, of $1.1 million, a $15.6 million improvement compared to a loss of $14.5 million during the fourth quarter 2021; Franchise EBITDA... More