secwatch.observer — SEC 8-K summary
======================================

Issuer:     REGIS CORP (RGS)
CIK:        0000716643
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0000716643-22-000005
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regis Q2 FY2022 net loss narrows to $4.9M; revenue down 32.7% on salon exits
----------------------------------------------------------------------------

- Revenue $70.3M vs $104.3M YoY, down 32.7% due to exiting loss-making company-owned salons.
- Net loss of $4.9M ($0.11 per share) improves from $32.9M ($0.92) in prior year quarter.
- System-wide same-store sales up 22.1% YoY; franchise same-store sales up 22.4%.
- Adjusted EBITDA of $2.4M, up $19.9M from -$17.5M loss; franchise segment adjusted EBITDA $5.5M.
- Company-owned salons reduced to 150 from 1,037; total franchise salons 5,553, up 284.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716643/000071664322000005/0000716643-22-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716643/000071664322000005/rgs-20220202.htm
  HTML page:      https://secwatch.observer/filing/0000716643-22-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer