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RGS

Regis Corporation

https://www.regiscorp.com

Industry

Personal Products & Services

Regis Corporation owns, operates, and franchises hairstyling and hair care salons in the United States, Canada, Puerto Rico, and the United Kingdom. The company operates in two segments, Franchise Salons and Company-Owned Salons. Its salons provide haircutting and styling, including shampooing and conditioning; hair coloring; and other services, as well as sells various hair care and other beauty products. The company also offers mobile applications; and operates accredited cosmetology schools. Regis Corporation operates its salons primarily under the SmartStyle, Supercuts, Cost Cutters, Roosters, First Choice Haircutters, and Magicuts concepts names. As of June 30, 2022, the company operated 5,576 salons, such as 5,395 franchised salons, 105 company-owned salons, and 76 non-controlling ownership salons. Regis Corporation was founded in 1922 and is headquartered in Minneapolis, Minnesota.

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Shares of companies in the consumer discretionary sector, including ABNB, ARHS, BIRD, DASH, DFH, DUOL, ECDA, EZGO, F, JL, JWEL, KXIN, LOBO, LOT, MSC, RGS, SG, SOND, TBLT, VFS, ZCMD, are trading lower due to overall market weakness.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 7:50 pm

A comprehensive list of companies is scheduled to report earnings on January 31, 2024, before and after the bell. The list includes a variety of sectors with projected earnings per share and revenue. Notable companies include Novartis, Boeing, Mastercard, and Qualcomm, among others. Some companies are expected to report losses, such as Regis and Silicon Laboratories.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 11:09 am

Regis Corporation reported a Q2 EPS of $(0.43), which is an improvement from the $(1.10) estimate. However, their sales of $51.05M fell short of the $52.94M estimate, marking a 14.87% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 11:08 am

Regis (NYSE:RGS) is expected to release its quarterly earnings report on January 31, 2024, with an estimated EPS of $-1.19. Investors are looking for a beat on this estimate and positive guidance for future growth. Historically, Regis's stock price has been sensitive to earnings performance and guidance. Last quarter, Regis beat the EPS estimate by $2.20, resulting in a 4.27% stock price increase the following day. However, over the past 52 weeks, RGS shares have declined by 58.98%, indicating potential concern among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 8:02 pm

Regis Corporation (NASDAQGM:RGS) has adopted a tax benefits preservation plan to protect its net operating loss carryforwards (NOLs) and other tax attributes. As of September 30, 2023, Regis reported approximately $646 million in U.S. federal NOLs, which are mostly not subject to expiration and can offset future taxable income.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 11:36 am

In Monday's intraday session, several consumer discretionary stocks experienced significant movements. SRIVARU Holding (SVMH) saw a 43.2% increase, while Genius Gr (GNS) dropped by 51.3%. Other notable gainers include Flexsteel Industries (FLXS), 17 Education & Technology (YQ), Educational Development (EDUC), QuantaSing Group (QSG), and Barnes & Noble Education (BNED). On the losing side, MGO Global (MGOL), E-Home Household Service (EJH), Uxin (UXIN), Cazoo Gr (CZOO), and Regis (RGS) saw declines ranging from 12.16% to 17.51%. Educational Development's rise follows its Q3 earnings report released two days ago.

Portfolio Pulse from Benzinga Insights

January 15, 2024 | 5:31 pm

In Wednesday's intraday session, several consumer discretionary stocks experienced significant movements. Esports Entertainment (GMBLP) led the gainers with a 19.5% increase, while E-Home Household Service (EJH) saw the largest decline among the losers, dropping 61.0%. Other notable movers included Naas Technology (NAAS), Gaotu Techedu (GOTU), and Jumia Technologies (JMIA) with substantial gains, and Yoshiharu Global (YOSH), Regis (RGS), and Faraday Future (FFIE) with notable losses.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 5:31 pm

Regis Corporation has announced its intention to appeal the New York Stock Exchange's decision to begin delisting proceedings for the company's common stock. The appeal process will delay the delisting, but the outcome remains uncertain.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 9:08 pm

In Thursday's intraday session, several consumer discretionary stocks experienced significant movements. Nova Lifestyle (NVFY) saw a substantial increase of 145.8%, while Mullen Automotive (MULN) and Barnes & Noble Education (BNED) also posted notable gains. Conversely, Faraday Future (FFIE), Phoenix Motor (PEV), and U Power (UCAR) were among the stocks that declined. These movements reflect the volatility and rapid changes in the market values of these companies.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 5:31 pm

Regis Corporation (NYSE:RGS), a leader in the haircare industry, is set to appeal the NYSE's decision to delist its common stock. The company failed to comply with the NYSE's listing standard, which requires maintaining a minimum of $50 million in stockholders' equity or market capitalization. Regis' stock continues to trade on the NYSE while the appeal is pending.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 7:59 pm

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