Regis Corporation (RGS) Misses Q3 EPS by 85c

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Go back to Regis Corporation (RGS) Misses Q3 EPS by 85c

Regis Corporation Reports Third Quarter 2022 Results

May 10, 2022 6:00 AM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- Regis Corporation (NYSE: RGS), a leader in the haircare industry, today reported results for the third fiscal quarter and nine months ended March 31, 2022 versus the prior year as noted below.

Total third quarter and nine months ended March 31, 2022 revenue of $64.7 million and $212.8 million includes Royalty growth of 23.1% and 31.2%, respectively. System-wide same-store sales increased 8.6%. Reported G&A of $15.6 million and adjusted G&A of $14.7 million, represented a decline of $9.0 million and $8.3 million compared to the third quarter 2021, respectively. The Franchise... More