earnings
confidence high
sentiment positive
materiality 0.75
Regis reports Q4 revenue $66.1M, FY2022 adjusted EBITDA positive; debt extended to 2025
REGIS CORP
2022-FY EPS reported
-$1.97
revenue$275,967,000
- Q4 revenue $66.1M, down 32.3% YoY on salon exits; royalty revenue up 12.1%.
- System-wide same-store sales +7.1% Q4, +14.8% FY2022; two-year comps positive.
- FY2022 adjusted EBITDA (ex-salons) positive $0.5M vs loss $60.2M in prior year.
- Debt maturity extended from Mar 2023 to Aug 2025 via credit agreement amendment.
- Reduced company-owned salons from 276 to 105; sold Opensalon Pro for up to $39M.