NYSE$RGS

Regis Corp · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Regis reported continued profitability.

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.

Headline financials

Total Revenue

$51.1M

Previous: $60M-14.9%
EPS (adj)

-$0.43

Previous: -$1.20+64.2%
Capital Expenditures

-$323K

Previous: -$361K+10.5%
Free Cash Flow

$674K

Previous: -$2.77M+124.3%
Net Income

$997K

Previous: -$2.41M+141.4%
Operating Income

$4.78M

Previous: $730K+554.7%
Gross Profit

$51.1M

Previous: $58.7M-13.1%
Cash & Equivalents

$7.15M

Previous: $9.41M-24.0%
Total Assets

$574M

Previous: $688M-16.6%
Stock-Based Comp

$260K

Previous: $580K-55.2%

Revenue & EPS history

Regis · Revenue · Quarterly

$51.1M

Q2 2024-14.9%vs Q2 2023
Beat estimate in 0 of 7 quarters(0%)
ActualEstimate

Revenue by segment

Regis · $47.1M total across 2 segments · Q4 2024

  • Franchise
    $47.1M-12.0%
  • Company-owned Salons
    $17

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 2024

Historical avgQ2 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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