NYSE$RGS
Regis Corp · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Regis reported second quarter 2021 results and took action on initiatives to position the company for growth.
Regis Corporation reported a net loss from continuing operations of $32.9 million, or $0.92 loss per diluted share. Excluding discrete items, the company reported an adjusted net loss of $25.9 million, or $0.72 loss per diluted share. Total revenue in the quarter was $104.3 million, a decrease of 50.0% year-over-year.
- Continued progress in transition to a fully-franchised model with the sale and conversion of 145 company-owned salons to its franchise portfolio.
- Second quarter results were materially impacted by the COVID-19 pandemic.
- Strategic initiatives included a brand-centric corporate reorganization, implementation of zero-based budgeting, evolution of corporate salon refranchising strategy, and launch of new salon automation functionalities to Opensalon® PRO.
- The company estimates it lost approximately $35 million in revenue due to government-mandated salon closures and lower traffic due to the COVID-19 pandemic.
Headline financials
Revenue & EPS history
Regis · Revenue · Quarterly
$104M
Revenue by segment
Regis · $37.9M total across 1 segment · Q2 2021
- Company-owned Salons$37.9M+1664370.8%100.0%
Forward guidance
The company is transforming into a nimble, performance-driven, data-oriented organization to position Regis well for a solid comeback.
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 Q2 2021
-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
| Quarter | Report date | Reaction (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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