earnings
confidence high
sentiment positive
materiality 0.75
Regis reports Q4 net income $91.2M (EPS $38.10) vs loss a year ago; adjusted EBITDA up to $7.4M
REGIS CORP
2024-FY EPS reported
$38.34
revenue$202,982,000
- Net income includes $94.6M gain on extinguishment of debt from June 2024 refinancing.
- Q4 adjusted EBITDA improved to $7.4M from $5.2M; full-year adjusted EBITDA $25.9M vs $21.0M.
- New $105M term loan and $25M revolver, maturing June 2029, replacing prior debt; reduces interest ~$7M/year.
- System-wide revenue fell to $293.7M (-5.8% YoY); same-store sales down 1.3% in Q4.
- Franchise salon count declined to 4,391 from 4,795; company-owned salons reduced to 17 from 68.