UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-12725 Regis Corporation | (Exact name of registrant as specified in its charter) | | | | | --- | --- | --- | --- | | Minnesota | | | 41-074 ...

Financial Data and Key Metrics - The company reported positive adjusted EBITDA of $15.8 million for the first 9 months of fiscal 2023, an $80 million improvement compared to the $66.2 million loss in the previous year [12] - Q3 2023 adjusted EBITDA was $4.2 million, a $4.5 million improvement from the $0.3 million loss in the prior year's quarter [23] - Operating income for Q3 was $2 million, a significant improvement from the $22.2 million loss in Q3 of fiscal 2022 [24] - Cash used in operations improved by $26 million year-over-year, with $8 million used in the first 9 months and $1.6 million in Q3 [9] - Total liquidity remained stable at $43 million, consistent with the previous quarter [13] Business Line Data and Key Metrics - Same-store sales increased by 6.0% in Q3 compared to the prior year [23] - The franchise segment EBITDA was $4.8 million in Q3, a $1.9 million increase from the previous year [64] - The company-owned segment lost $0.5 million in Q3, a $3 million improvement from the same quarter last year [73] - The company closed underperforming salons with an average sales volume of $100,000, optimizing resources for more viable locations [25] Market Data and Key Metrics - The company has seen steady customer traffic despite price increases of 20%-25% since COVID, indicating low price elasticity [17] - The company's brands cater to a wide range of customers, from those seeking quality haircuts to those looking for quick and convenient services [74] Company Strategy and Industry Competition - The company is focused on streamlining G&A, winding down corporate salons, and rolling out the Zenoti Salon Management platform [22] - The company is investing in stylist recruitment, retention, and training, with initiatives like in-salon design teams and stylist events [10][40] - The company is launching a pilot loyalty program across two major brands, aiming to drive customer retention and repeat behavior [66] - The company is exploring new geographies, brands, and concepts for future growth [58] Management Commentary on Operating Environment and Future Outlook - Management highlighted the stabilization of the business and the potential for future growth, with fiscal 2023 on track to be the best in years [12][33] - The company expects to continue rationalizing its salon portfolio while growing top and bottom-line performance [25] - Management remains committed to smart cash management and returning to cash generation [60] Other Important Information - The company announced the addition of Nancy Benacci to the Board of Directors, bringing capital markets and strategic expertise [41] - The company remains in the care period regarding the NYSE market cap requirement, having briefly fallen below the $50 million threshold [55] Q&A Session Question: Status of the company's continued listing with the NYSE - The company briefly fell below the $50 million market cap requirement but has since recovered and remains in the care period [55] Question: Impact of price increases on customer traffic - Customer traffic has remained steady despite price increases of 20%-25% since COVID, indicating low price elasticity [17] Question: Stylist retention and recruitment efforts - Stylist retention and recruitment have stabilized, with efforts focused on keeping stylists busy and engaged [10][18] Question: Zenoti's impact on franchisees and marketing efforts - Zenoti will enable lifecycle marketing and loyalty programs by consolidating customer profiles and automating messaging [52][62] Question: In-store styling and training initiatives - Salons with dedicated in-salon design teams have seen sales improvements of up to 10%, and the company continues to invest in these programs [54][76] Question: Economic outlook and customer profile - The company's brands are well-positioned to attract customers seeking value, regardless of macroeconomic changes [49]

WASHINGTON, D.C. 20549 UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-12725 Regis Corporation (Exact name of registrant as specified in its charter) Minnesota 41-0749934 (State or other jurisdiction o ...

Regis Corporation (NASDAQ:RGS) Q2 2023 Earnings Conference Call February 1, 2023 8:30 AM ET Company Participants Biz McShane - VP-Corporate Controller Matthew Doctor - President and CEO Kersten Zupfer - EVP and CFO Conference Call Participants Eric Beder - Small Cap Consumer Research Sydney Wagner - Jefferies Biz McShane Good morning, and thank you for joining the Regus Second Quarter 2023 Earnings Release Conference Call. I'm your host, Biz McShane, Vice President and Corporate Controller. All participants ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-12725 Regis Corporation (Exact name of registrant as specified in its charter) Minnesota 41-0749934 (State or other jurisdictio ...

Regis Corporation Presentation at ICR Conference January 9th and 10th, 2023 • Largest network and franchisor of hair care salons with approximately 5,400 locations worldwide, the majority of which are represented by five brands –1– REGIS IS A MARKET LEADER IN HAIR SERVICES Over 98% Of Salons Are Franchised(1) $1.2 billion System-wide Revenue (Fiscal Year 2022) 100+ Years of Company Heritage Regis is the largest global salon network in the hair services industry Regis Cautionary Statement Regarding Forward-L ...

Regis Corporation (NASDAQ:RGS) Q1 2023 Earnings Conference Call November 1, 2022 8:30 AM ET Company Participants Biz McShane - Vice President-Corporate Controller Matthew Doctor - President & Chief Executive Officer Kersten Zupfer - Executive Vice President & Chief Financial Officer Conference Call Participants Biz McShane Good morning and thank you for joining the Regis First Quarter 2023 Earnings Release Conference Call. All participants are in a listen-only mode. The prepared remarks by our President and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-12725 Regis Corporation (Exact name of registrant as specified in its charter) Minnesota 41-0749934 (State or other jurisdicti ...

Financial Data and Key Metrics Changes - The company reported a total revenue of $66 million for Q4 2022, a decline of $32 million year-over-year, primarily due to 98% of salons being franchised compared to 95% in the prior year and the transition away from the product distribution business [23][24] - Same-store sales growth was 7% in Q4 2022 compared to the same quarter in 2021, with an adjusted EBITDA of $1 million, a significant improvement from a loss of $23 million in the prior year [23][24] - For the full fiscal year, adjusted EBITDA improved by $75 million to a loss of $2 million from a loss of $77 million in fiscal 2021 [24][26] Business Line Data and Key Metrics Changes - The core franchise business posted an adjusted EBITDA of $3 million in Q4 2022, a $12 million improvement compared to a loss of $9 million in the prior year quarter [24] - The company-owned segment recorded an adjusted EBITDA loss of approximately $2 million in Q4 2022, which is a $12 million improvement from the same period last year [24][25] - The company ended the year with 105 corporate-owned salons, down from 276 at the start of the year, contributing to a significant reduction in losses [10][12] Market Data and Key Metrics Changes - The company experienced a positive trend in profitability, with same-store sales growth of 14.8% for the full year compared to fiscal 2021 [11] - The transition to a franchised model has impacted revenue, with a decline attributed to the exit from the product distribution business [23][24] Company Strategy and Development Direction - The company is focused on three top priorities: refinancing debt, providing technology solutions to franchisees, and winding down legacy businesses [5][6] - The sale of the proprietary point-of-sale software, Opensalon Pro, to Zenoti is seen as a strategic move to focus on core hair care franchising rather than technology [8][9] - The company aims to enhance stylist recruitment and retention through increased investment in education and marketing initiatives [15][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering consistent positive EBITDA results going forward, citing the company's strong position [13][22] - Challenges remain in stylist retention, customer traffic, and technology, which management acknowledges as critical elements for future growth [13][14] - The company plans to enhance its marketing efforts to drive customer traffic and improve retention [18][19] Other Important Information - The company successfully renegotiated its credit agreement, extending the maturity date to August 2025 and converting existing debt to a term loan [7][30] - The company reported a loss of $39 million in discontinued operations, primarily due to a non-cash goodwill derecognition [27] Q&A Session Summary Question: Can you discuss the 7% comp in the period regarding volume versus value? - Management indicated that the 7% growth was driven by price increases, with expectations for a mix of price and traffic initiatives moving forward [33][34] Question: What is the performance difference between Smart Style and other business lines? - Management noted that Smart Style is lagging behind other brands but highlighted initiatives for reimaging and marketing to improve its performance [35][36] Question: Can you clarify the outstanding lease obligations on the balance sheet? - Management provided details on lease obligations, indicating $7 million associated with APCO salons and the remainder related to corporate and franchise leases [37][38]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-12725 Regis Corporation (Exact name of registrant as specified in its charter) Minnesota 41-0749934 | State or other jurisdiction of incorp ...