NYSE$RGS

Regis Corp · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Regis reported continued profitability with strategic alternatives reviewed.

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.

  • System-wide revenue decreased to $306.6 million, while system-wide same-store sales increased by 1.8%.
  • Operating income increased to $7.4 million.
  • Net income from continuing operations increased to $1.2 million.
  • Adjusted EBITDA improved to $7.5 million.

Headline financials

Total Revenue

$53.4M

Previous: $61.9M-13.7%
EPS (adj)

$0.60

Previous: -$0.40+250.0%
Adjusted EBITDA

$7.5M

No prior period
Capital Expenditures

-$163K

Previous: -$184K+11.4%
Free Cash Flow

$1.03M

Previous: $1.28M-19.7%
Net Income

$1.19M

Previous: $1.47M-18.7%
Operating Income

$7.43M

Previous: $2.47M+201.0%
Gross Profit

$53.4M

Previous: $61.9M-13.7%
Cash & Equivalents

$9.3M

Previous: $9.51M-2.2%
Total Assets

$580M

Previous: $722M-19.6%
Stock-Based Comp

$630K

Previous: $531K+18.6%

Revenue & EPS history

Regis · Revenue · Quarterly

$53.4M

Q1 2024-13.7%vs Q1 2023
Beat estimate in 0 of 7 quarters(0%)
ActualEstimate

Revenue by segment

Regis · $53.3M total across 2 segments · Q1 2024

  • Franchise
    $51.4M-12.6%
  • Company-owned Salons
    $1.9M-38.7%

Forward guidance

The Board of Directors intends to evaluate a range of strategic alternatives available to the Company.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-2.5%

Avg return

Earnings day

-3.8%

Avg return

5 days after

-6.3%

Avg return

30 days after

39%

26 / 67 earnings

Positive

+27.1%

Q1 2016

Best reaction

-28.8%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+9.9%+9.7%
Q2 2026-6.4%-5.1%-8.9%
Q1 2026+0.2%-3.6%+3.8%
Q3 2025+10.0%+8.3%+18.1%
Q2 2025-21.2%-10.6%-31.7%
Q1 2025-18.7%-17.9%+4.3%
Q4 2024+1.8%-6.2%+23.9%
Q3 2024+2.9%+5.7%-18.5%
Q2 2024-5.8%-6.6%-40.2%
Q1 2024-8.9%-8.6%-39.5%
Q4 2023-11.2%-18.4%-38.4%
Q3 2023-11.0%-12.7%-6.8%
Q2 2023+4.9%+1.2%-15.2%
Q1 2023+13.7%+12.0%+9.4%
Q4 2022+0.7%+6.3%-34.3%
Q3 2022-28.8%-15.2%-55.2%
Q2 2022+3.9%+1.3%+5.9%
Q1 2022-6.8%-5.5%-11.6%
Q4 2021-16.6%-22.6%-45.9%
Q3 2021-19.7%-23.9%-22.5%
Q2 2021+7.8%+11.7%+22.9%
Q1 2021-5.1%-2.3%+64.3%
Q4 2020-17.2%-23.2%-32.4%
Q3 2020-7.8%-6.7%-13.7%
Q2 2020-3.4%-8.8%-25.9%
Q1 2020-7.9%-12.2%-30.4%
Q4 2019-3.6%+1.6%+25.9%
Q3 2019-9.9%-4.5%-2.5%
Q2 2019+1.9%+4.4%-0.1%
Q1 2019-11.4%-10.9%-5.9%
Q4 2018+18.3%+18.9%+17.7%
Q3 2018+5.1%+2.1%+10.7%
Q2 2018-3.2%-3.0%+0.6%
Q1 2018+0.3%-1.2%+8.2%
Q4 2017+18.5%+18.1%+30.9%
Q3 2017-15.9%-12.7%-9.2%
Q2 2017-6.1%-6.0%-8.6%
Q1 2017+7.1%+4.4%+19.0%
Q4 2016+0.7%-4.6%-7.2%
Q3 2016-14.6%
Q2 2016+1.6%
Q1 2016+27.1%
Q4 2015-17.7%
Q3 2015-1.3%
Q2 2015-2.1%
Q1 2015-2.1%
Q4 2014-1.7%
Q3 2014-1.9%
Q2 2014-10.3%
Q1 2014+7.5%
Q4 2013-5.2%
Q3 2013+0.0%
Q2 2013+7.8%
Q1 2013-17.7%
Q4 2012-0.8%
Q3 2012-0.6%
Q2 2012-2.0%
Q1 2012-4.7%
Q4 2011+5.3%
Q4 2009+5.3%
Q3 2010-0.4%
Q3 2011-0.4%
Q2 2010-0.7%
Q2 2011-0.7%
Q1 2010+1.1%
Q1 2011+1.1%
Q4 2010+1.1%

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