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Regis (RGS) - 2022 Q1 - Earnings Call Presentation
2022-05-10 18:11
Regis Corporation Third Quarter Fiscal Year 2022 Results May 10, 2022 –1– Regis Cautionary Statement Regarding Forward-Looking Statements This presentation contains or may contain "forward-looking statements" within the meaning of the federal securities laws, including statements concerning anticipated future events and expectations that are not historical facts. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forw ...
Regis (RGS) - 2022 Q3 - Earnings Call Transcript
2022-05-10 16:45
Regis Corporation (NASDAQ:RGS) Q3 2022 Earnings Conference Call May 10, 2022 10:00 AM ET Company Participants Matthew Doctor – President and Chief Executive Officer Kersten Zupfer – Executive Vice President and Chief Financial Officer Biz McShane Murphy – Vice President and Controller Conference Call Participants Grace Menk - Jefferies Biz McShane Murphy Good morning and thank you for joining the Regis Third Quarter 2022 Earnings Release Conference Call. All participants are in a listen-only mode. The prepa ...
Regis (RGS) - 2022 Q3 - Quarterly Report
2022-05-10 12:00
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 March 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 jurisdiction o ...
Regis (RGS) - 2022 Q2 - Earnings Call Transcript
2022-02-03 21:11
Regis Corporation (NASDAQ:RGS) Q2 2022 Results Earnings Conference Call February 3, 2022 10:00 AM ET Company Participants Biz McShane - Vice President and Controller Matthew Doctor - Interim Chief Executive Officer Kersten Zupfer - Executive Vice President and Chief Financial Officer Conference Call Participants Grace Menk - Jefferies Biz McShane Good morning. And thank you for joining the Regis Second Quarter 2022 Earnings Release Conference Call. All participants are in a listen-only mode. The prepared re ...
Regis (RGS) - 2022 Q2 - Quarterly Report
2022-02-02 22:38
(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q 1934 For the quarterly period ended December 31, 2021 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 (RGS) - 2022 Q1 - Earnings Call Transcript
2021-11-06 07:11
Financial Data and Key Metrics Changes - In Q1 of fiscal 2022, the company reported consolidated revenues of $78 million, representing a $34 million increase from the prior year, attributed to recovery from the COVID-19 pandemic [24] - Same-store sales improved by 23% in Q1, although system-wide sales were down 17% compared to pre-COVID levels, an improvement from a 21% decline in Q4 [10][25] - The operating loss for the quarter was $6 million, significantly improved from a $32 million loss in the prior quarter [26] - Adjusted EBITDA loss was $6 million, compared to a loss of $23 million in Q4 2021 [27] Business Line Data and Key Metrics Changes - The company incurred losses of approximately $3 million from franchise product sales and $1.6 million from company-owned salons, which are not part of the go-forward business [27] - The reorganization aimed at reducing costs is expected to yield annual savings of approximately $5 million, effective from Q2 [7][28] Market Data and Key Metrics Changes - The reopening of Canadian salons marked a significant turning point, with no government-mandated closures impacting operations [32] - The middle part of the country is performing better than coastal regions, but all areas are showing improvement [32] Company Strategy and Development Direction - The company is focused on stylist recruitment, the adoption of the OpenSalon Pro technology platform, and strengthening the franchisee base to drive growth [24][23] - The management team has been revamped to include a mix of tenured leaders and executives with complementary expertise, positioning the company for growth and sustained profitability [23] Management's Comments on Operating Environment and Future Outlook - Management emphasized the importance of labor recruitment as a top priority to address staffing shortages impacting revenue generation [12] - The company is optimistic about the return of beauty school graduates to pre-COVID levels by June 2022, indicating a temporary labor shortage [15][16] - The management believes the company is well-positioned for growth and sustained profitability as it emerges from the pandemic [33] Other Important Information - The company raised $37.2 million in unrestricted cash through its ATM program, enhancing its liquidity position [6][29] - The expected end-state run rate for G&A is projected to be between $65 million and $70 million annually [28] Q&A Session Summary Question: No questions were raised during the call - The call concluded without any questions from participants [34]
Regis (RGS) - 2022 Q1 - Quarterly Report
2021-11-03 22:06
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, 2021 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 ...
Regis (RGS) - 2021 Q4 - Earnings Call Transcript
2021-08-26 19:35
Regis Corp. (NASDAQ:RGS) Q4 2021 Earnings Conference Call August 26, 2021 10:00 AM ET Company Participants Biz McShane - Associate Vice President of Finance Felipe Athayde - Chief Executive Officer Kersten Zupfer - Executive Vice President & Chief Financial Officer Conference Call Participants Stephanie Wissink - Jefferies Laura Champine - Loop Capital Biz McShane Good morning and thank you all for joining the Regis Fourth Quarter 2021 Earnings Release Conference Call. All participants are in a listen-only ...
Regis (RGS) - 2021 Q4 - Annual Report
2021-08-26 10:11
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, 2021 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 incorpor ...
Regis (RGS) - 2021 Q3 - Earnings Call Transcript
2021-05-09 08:12
Regis Corporation (NASDAQ:RGS) Q3 2021 Earnings Conference Call May 6, 2021 10:00 AM ET Company Participants Biz McShane – AVP-Finance Felipe Athayde – Chief Executive Officer Kersten Zupfer – Chief Financial Officer Conference Call Participants Laura Champine – Loop Capital Grace Menk – Jefferies Biz McShane Good morning, and thank you for joining the Regis Third Quarter 2021 Earnings Release Conference Call. All participants are in a listen-only mode. After the prepared remarks by our Chief Executive Offi ...