secwatch.observer — SEC 8-K summary
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Issuer:     REGIS CORP (RGS)
CIK:        0000716643
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0000716643-22-000028
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regis Q3 revenue $64.7M, down 35%; net loss $27.9M; adjusted EBITDA loss narrows to $0.3M
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- Revenue $64.7M, down 35.4% YoY; system-wide same-store sales +8.6% vs -20.7% prior year.
- GAAP net loss $27.9M ($0.61/sh) vs $10.8M loss ($0.30/sh) last year; includes $22.4M goodwill impairment and inventory charge.
- Adjusted net loss $4.3M ($0.09/sh) vs $25.3M loss ($0.70/sh) last year; adjusted EBITDA loss $0.3M, improved from $19.8M loss.
- Franchise segment adjusted EBITDA turned positive at $3.0M, improved $10.0M YoY; franchise salon count +187 to 5,504.
- Company-owned salons revenue fell to $3.5M from $32.3M due to conversions/closures; adjusted EBITDA loss $3.3M improved $9.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716643/000071664322000028/0000716643-22-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716643/000071664322000028/rgs-20220510.htm
  HTML page:      https://secwatch.observer/filing/0000716643-22-000028

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