---
schema_version: "secwatch.filing_event.v1"
accession: "0000716643-23-000017"
form_type: "8-K"
ticker: "RGS"
cik: "0000716643"
company_name: "REGIS CORP"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:54:39.042369+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Regis reports Q3 operating income of $2M, net loss narrows to $1.6M; same-store sales up 6%

## Summary
- System-wide revenue $299.3M (+$8.3M YoY); system-wide same-store sales +6.0%.
- Operating income $2.0M vs loss $22.2M; adjusted EBITDA $4.2M vs loss $0.3M.
- Net loss $1.6M ($0.04 per share) vs loss $27.9M ($0.61) in prior year.
- Franchise adjusted EBITDA $4.8M (+$1.9M); company-owned salon EBITDA loss improved $2.7M.
- Appointed Nancy Benacci to Board effective May 1, 2023; serves on Audit Committee.

## SEC filing metadata
- accession: 0000716643-23-000017
- form_type: 8-K
- ticker: RGS
- cik: 0000716643
- company_name: REGIS CORP
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/716643/000071664323000017/0000716643-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/716643/000071664323000017/rgs-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000716643-23-000017
- JSON: https://secwatch.observer/filing/0000716643-23-000017.json
- Plain text: https://secwatch.observer/filing/0000716643-23-000017.txt

## Key facts
- Earnings Releases
  REGIS CORP reported Three months ended March 31, 2023 results: revenue $55.8 million, net income ($1.6 million), EPS ($0.04).
  - Period: Three months ended March 31, 2023
  - Revenue: $55.8 million
  - Net income: ($1.6 million)
  - EPS: ($0.04)
  - 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 third quarter 2023 of $55.8 million decreased $8.0 million and total revenue year-to-date 2023 of $177.6 million decreased $32.3 million. The decreases were driven primarily by a reduction in non-margin franchise
  evidence_url: https://www.sec.gov/Archives/edgar/data/716643/000071664323000017/0000716643-23-000017-index.htm
- Executive change
  Nancy Benacci was appointed as Director at REGIS CORP.
  - Action: appointed
  - Role: Director
  source text: On May 2, 2023, the Board of Directors of Regis Corporation (the "Company") appointed Ms. Nancy Benacci to the Board of Directors of the Company, effective May 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/716643/000071664323000017/0000716643-23-000017-index.htm

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