Regis Corporation is a leading beauty services enterprise primarily involved in the ownership, operation, and franchising of hair styling and treatment salons. Its operations span across the United States, Canada, Puerto Rico, and the United Kingdom. The company organizes its business into two core segments: its network of franchised salons and those it directly owns. These establishments offer a comprehensive suite of services, including haircuts, styling (encompassing shampooing and conditioning), hair coloring, and other related treatments, in addition to selling a variety of hair care and cosmetic products. Beyond its salon business, Regis also develops mobile applications and oversees accredited cosmetology schools. Its portfolio features well-known salon brands such as SmartStyle, Supercuts, Cost Cutters, Roosters, First Choice Haircutters, and Magicuts. By June 30, 2022, the corporation managed a significant global footprint of 5,576 salons, specifically comprising 5,395 franchised units, 105 company-owned locations, and 76 salons where it held a non-controlling interest. Founded in 1922, Regis Corporation is headquartered in Minneapolis, Minnesota.
Regis Corporation Reports Financial Results for Fourth Fiscal Quarter and Full Fiscal Year 2026
Regis Corporation reported full fiscal year 2026 revenue of $224.5 million, an increase from $210.1 million in the prior year, with operating income rising to $24.4 million and positive cash flow from operations of $13.1 million.
GAAP net income and diluted EPS declined significantly year-over-year to $6.9 million and $2.41, respectively, primarily due to a $115.5 million income tax benefit recorded in the prior year; Adjusted EBITDA improved to $32.8 million while Adjusted EPS slightly decreased to $2.70.
The company ended the year with $26.0 million in cash and $35.0 million in total liquidity, and management noted that reducing the cost of debt remains a priority with active evaluations of refinancing alternatives underway.