---
schema_version: "secwatch.filing_event.v1"
accession: "0000716643-23-000008"
form_type: "8-K"
ticker: "RGS"
cik: "0000716643"
company_name: "REGIS CORP"
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T04:20:36.928226+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Regis Q2: operating income turns positive; net loss narrows to $2.4M

## Summary
- Operating income of $0.7M vs. loss of $0.5M a year ago; excluding non-cash charges was $4.5M.
- Net loss of $2.4M ($0.05 loss per share) improved from $4.9M ($0.11) in prior-year quarter.
- Adjusted EBITDA of $7.8M vs. $2.6M; includes $1.1M NC COVID grant and $0.6M actuarial adj.
- Franchise adjusted EBITDA rose to $7.5M (13.1% of revenue) from $5.7M (8.9%).
- Cash and cash equivalents $9.4M; total liquidity $43.7M; debt $182.8M.

## SEC filing metadata
- accession: 0000716643-23-000008
- form_type: 8-K
- ticker: RGS
- cik: 0000716643
- company_name: REGIS CORP
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/716643/000071664323000008/0000716643-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/716643/000071664323000008/rgs-20230201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000716643-23-000008
- JSON: https://secwatch.observer/filing/0000716643-23-000008.json
- Plain text: https://secwatch.observer/filing/0000716643-23-000008.txt

## Key facts
- Earnings Releases
  REGIS CORP reported the second fiscal quarter ended December 31, 2022 results: revenue $60.0 million, net income Net loss of $2.4 million, EPS $0.05 loss per diluted share.
  - Period: the second fiscal quarter ended December 31, 2022
  - Revenue: $60.0 million
  - Net income: Net loss of $2.4 million
  - EPS: $0.05 loss per diluted share
  - Result: reported results
  source text: within the system. (2) See GAAP to non-GAAP reconciliations within the attached section titled "Non-GAAP Reconciliations." Revenue Total revenue in the second quarter 2023 of $60.0 million decreased $9.3 million and total revenue in the first half 2023 of $121.8 million decreased $24.3 million. The decreases were driven primarily by a reduction in non-margin
  evidence_url: https://www.sec.gov/Archives/edgar/data/716643/000071664323000008/0000716643-23-000008-index.htm
- Earnings Releases
  REGIS CORP reported the first half of fiscal 2023 (six months ended December 31, 2022) results: revenue $121.8 million, net income Net loss of $0.9 million, EPS $0.02 loss per diluted share.
  - Period: the first half of fiscal 2023 (six months ended December 31, 2022)
  - Revenue: $121.8 million
  - Net income: Net loss of $0.9 million
  - EPS: $0.02 loss per diluted share
  - Result: reported results
  source text: section titled "Non-GAAP Reconciliations." Revenue Total revenue in the second quarter 2023 of $60.0 million decreased $9.3 million and total revenue in the first half 2023 of $121.8 million decreased $24.3 million. The decreases were driven primarily by a reduction in non-margin franchise rental income, the wind down of loss-generating company-owned salons that
  evidence_url: https://www.sec.gov/Archives/edgar/data/716643/000071664323000008/0000716643-23-000008-index.htm

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