---
schema_version: "secwatch.filing_event.v1"
accession: "0000716643-22-000074"
form_type: "8-K"
ticker: "RGS"
cik: "0000716643"
company_name: "REGIS CORP"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T19:54:22.722628+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Regis Corp posts first operating profit in 16 quarters; Q1 FY2023 adjusted EBITDA turns positive

## Summary
- Operating profit of $2.5M vs ($4.9M) loss; first positive operating profit since Sept 2018.
- Adjusted EBITDA improved to $3.8M from ($5.0M); net income $1.5M vs ($10.4M).
- System-wide same-store sales up 4.5%; total revenue $61.9M (-19.4% YoY) due to salon portfolio restructuring.
- Debt renegotiated: maturity extended from Mar 2023 to Aug 2025; total liquidity $47.8M.
- Franchise adjusted EBITDA $5.0M (positive 4th quarter in a row) vs ($3.5M) loss.

## SEC filing metadata
- accession: 0000716643-22-000074
- form_type: 8-K
- ticker: RGS
- cik: 0000716643
- company_name: REGIS CORP
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/716643/000071664322000074/0000716643-22-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/716643/000071664322000074/rgs-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000716643-22-000074
- JSON: https://secwatch.observer/filing/0000716643-22-000074.json
- Plain text: https://secwatch.observer/filing/0000716643-22-000074.txt

## Key facts
- Earnings Releases
  REGIS CORP reported first fiscal quarter ended September 30, 2022 results: revenue $61.9 million, net income $1.5 million, EPS $0.03.
  - Period: first fiscal quarter ended September 30, 2022
  - Revenue: $61.9 million
  - Net income: $1.5 million
  - EPS: $0.03
  - Result: reported results
  source text: sales within the system. (2) See GAAP to non-GAAP reconciliations, within the attached section titled "Non-GAAP Reconciliations". Revenue Total revenue in the first quarter of $61.9 million decreased $14.9 million, driven primarily by exiting company-owned salons that generated significant revenue, but were loss generating and exiting product sales. Partially
  evidence_url: https://www.sec.gov/Archives/edgar/data/716643/000071664322000074/0000716643-22-000074-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.