Regis Corporation (NASDAQGM:RGS), a leader in the haircare industry, today announces the appointment of Susan Lintonsmith to its Board of Directors, effective January 15, 2025. Ms. Lintonsmith spent most of her career in the food and beverage industry with key companies including Pizza Hut, Coca-Cola, Horizon Organic, Red Robin, and Quiznos. She served as the Chief Marketing Officer at Quiznos before moving into the Chief Executive Officer role in 2016. Ms. Lintonsmith then moved into the health and wellness industry in 2019 where she was the CEO for Elements Massage, a leading company in the massage therapy industry. She currently works with a European Wax Center franchisee. Michael Merr

Regis Corporation (NYSE:RGS), a leader in the haircare industry, today announces the appointment of Nancy Benacci to its Board of Directors, effective May 1, 2023. Ms. Benacci served as head of equity research from 2004 until her retirement in 2019 from KeyBanc Capital Markets, a subsidiary of KeyCorp, one of the nation's largest bank-based financial services companies. She directed a sell-side equity research group of more than 100 individuals covering 600 public companies in a variety of industries. Earlier in her career, she provided research coverage on companies in the property casualty and life insurance sectors for over a decade. She started her investment career with National City

Appoints Geoff Purtill as Interim Chief Executive Officer and Michael Merriman as Board Chairman Invacare Corporation (NYSE:IVC) today announced changes to its senior management team and Board of Directors to advance its previously announced business transformation initiatives, address supply chain challenges, and strengthen its financial performance. Geoffrey P. Purtill, who had been serving as the company's Senior Vice President and General Manager, EMEA and APAC, was named interim President and Chief Executive Officer, replacing Matthew E. Monaghan, who has left from his role as Chairman, President and Chief Executive Officer, effective August 28, 2022. The Board of Directors has comme

Regis Corporation (NYSE:RGS), a leader in the haircare industry, has appointed Matthew Doctor as the Company's President and Chief Executive Officer (CEO) and will join the Company's Board of Directors. Matt has been serving as the Company's Interim Chief Executive Officer since December 2021 and previously was Executive Vice President and Chief Strategy Officer. Prior to joining the Company in February 2021, he was a Partner of Kava Restaurants LLC, a Tim Horton's franchisee. Prior to Kava, Matt held several roles at Restaurant Brands International, including Head of Global Development and Franchisee Performance for the Burger King brand. Matt started his career in investment banking with

Matthew Doctor Named Interim CEO Regis Corporation (NYSE:RGS), a leader in the haircare industry, whose primary business is franchising technology-enabled hair salons, today announced that Felipe Athayde, President and Chief Executive Officer, has resigned from the Company. In connection with his resignation, the Board of Directors appointed Matthew Doctor, the Company's Executive Vice President and Chief Strategy Officer, as Interim Chief Executive Officer effective December 23, 2021. Mr. Athayde will remain an employee and a member of the Company's Board of Directors through March 19, 2022. The Board of Directors is commencing a search for a successor President and Chief Executive Office

Regis Corporation (NYSE:RGS), a leader in the haircare industry, whose primary business is franchising technology-enabled hair salons, today announces the appointment of Lockie Andrews to its Board of Directors, effective September 10, 2021. Ms. Andrews is the Head of eCommerce and Digital Operations at Party City (NYSE:PRTY) leading the enterprise's web, mobile, app and digital sales and operations as well as the development of next-generation marketing and digital technology. Prior to joining Party City, she was the Chief Information Officer and Chief Digital Officer of UNTUCKit. Ms. Andrews is also the founder of Catalyst Consulting, a boutique advisory firm specializing in "all things

Regis Corporation (NYSE:RGS), a leader in the haircare industry, whose primary business is franchising, owning, and operating technology-enabled hair salons, today announces the appointment of Michael Mansbach to its Board of Directors, effective June 14, 2021. Mr. Mansbach is the former president of MINDBODY, Inc., a technology platform for the fitness, beauty and wellness services industries, which was acquired by Vista Equity Partners. Prior to that he was president of Blue Jeans Network, Inc., a cloud-based video communications company. Mr. Mansbach served as CEO of PunchTab, an engagement and insights platform that Walmart Labs acquired in 2015. He also held several senior management

MINNEAPOLIS--(BUSINESS WIRE)--Regis Corporation (NYSE:RGS), a leader in the haircare industry, whose primary business is franchising, owning, and operating technology-enabled hair salons, announced a brand-centric reorganization effective today, December 2, 2020. The announcement is the first major strategic initiative by the company’s new CEO, Felipe Athayde, and reorients Regis to focus on the performance of its brands and the profitability of its franchisees. As part of the reorganization, the Supercuts® and SmartStyle® brands will each have a Brand President leading dedicated, brand-centric teams. A third business unit, Portfolio Brands (a collection of growth and innovation

Loop Capital upgraded Regis from Hold to Buy

Jefferies downgraded Regis from Buy to Hold and set a new price target of $10

Strategic acquisition of 314 salons strengthens operational footprint while maintaining asset-light model with 93% franchise base Regis Corporation (NASDAQGM:RGS), a leader in the haircare industry, announces the acquisition of Alline Salon Group (ASG), its largest franchisee, in a transaction valued at $22 million of initial consideration, with the ability for ASG to earn an additional $3 million ($1 million annually) through earn out payments over the next three years. Highlights 314 salon portfolio operating under the Supercuts, Cost Cutters and Holiday Hair brands across five states, primarily Michigan, Ohio and Pennsylvania Trailing Twelve Month October 2024 ("TTM") financial

Regis Corporation (NASDAQGM:RGS), a leader in the haircare industry, today announced financial results for the first fiscal quarter ended September 30, 2024. Matthew Doctor, Regis Corporation's President and Chief Executive Officer, commented: "Our results continue to reflect our efforts to stabilize the business, as well as the work we must do to drive future growth. I am excited by our operational and digital strategies aimed to ensure we are consistently delivering superior convenience, service, and quality to our guests. By getting back to basics and delivering on this experience, we have a clear path to drive guests to our salons and ensure they keep coming back. Much work remains, but

Regis Corporation (Nasdaq GM: RGS), a leader in the haircare industry, today announced financial results for the fourth fiscal quarter and full year ended June 30, 2024. Matthew Doctor, Regis Corporation's President and Chief Executive Officer, commented: "I am very pleased with the milestones achieved in fiscal 2024 that pave the way for a new day at Regis. The strategic refinancing completed in June 2024 was an outstanding result that puts Regis on solid financial footing and creates flexibility we have not had in years. Our results and continued growth in profitability is a testament to the hard work and dedication of our franchisees and employees. I am excited that for the first time

  Regis Corporation (NASDAQGM:RGS), a leader in the haircare industry, today announced financial results for the third fiscal quarter ended March 31, 2024. Matthew Doctor, Regis Corporation's President and Chief Executive Officer, commented: "In the third quarter, we continued to grow the year-over-year profitability of the Company. We delivered another quarter of growth in same-store-sales, operating income, and adjusted EBITDA. We are continuing our efforts to drive sustainable, long-term growth through our priorities that are focused on improving the customer experience, implementing new technology, supporting the stylist community, and managing our corporate expenses. In addition, the

Regis Corporation (NASDAQGM:RGS), a leader in the haircare industry, today announced financial results for the second fiscal quarter ended December 31, 2023. Matthew Doctor, Regis Corporation's President and Chief Executive Officer, commented: "In the second quarter, we continued to stabilize and rebuild the foundation of the Company. We were pleased to see bright spots across all of our brands, as our top quartile salons collectively demonstrated approximately 6% same-store-sales for the quarter with positive traffic comps. We also reported a $4.1 million improvement in operating income versus the same quarter last year, which reflects our efforts to streamline the business. Despite our pr

Regis Corporation (NASDAQGM:RGS) ("Regis" or the "Company"), today announced that its Board of Directors adopted a tax benefits preservation plan (the "Plan") designed to preserve the availability of its net operating loss carryforwards ("NOLs") and certain other tax attributes under the Internal Revenue Code (the "Code"). As of September 30, 2023, Regis had approximately $646 million of U.S. federal NOLs. These NOLs, the majority of which are not subject to any expiration date, represent a valuable asset to the company and are available to offset the Company's current or future taxable income. Regis' ability to use these NOLs (as well as certain other tax attributes) would be substanti

Regis Corporation (NYSE:RGS), a leader in the haircare industry, today announced financial results for the first fiscal quarter ended September 30, 2023 and that its Board of Directors (the "Board") intends to evaluate a range of strategic alternatives available to the Company. Matthew Doctor, Regis Corporation's President and Chief Executive Officer, commented: "Our first quarter fiscal 2024 financial results reflect the continued improvements and progress we are making in our business. Adjusted EBITDA improved to $7.5 million compared to $3.8 million in Q1 fiscal 2023, and we demonstrated positive net income from operations for the first time since fiscal 2018, with $1.2 million in the

Regis Corporation (NYSE:RGS), a leader in the haircare industry, today announced financial results for the fourth fiscal quarter and full year ended June 30, 2023. Matthew Doctor, Regis Corporation's President and Chief Executive Officer, commented: "At the end of fiscal 2022, I mentioned that we were poised to deliver stronger results in fiscal 2023 – and we did exactly that. We finished the year strong, delivering our fourth consecutive quarter of positive operating income, leading to our highest-level of operating income since 2017. We demonstrated growth across key financial metrics including same-store sales, operating income and adjusted EBITDA, reflecting the successful execution o

Regis Corporation (NYSE:RGS), a leader in the haircare industry, today announced financial results for the third fiscal quarter and nine months ended March 31, 2023. Matthew Doctor, Regis Corporation's President and Chief Executive Officer, commented: "We are pleased with our third quarter performance, which was highlighted by year-over-year growth across all key financial metrics, including our third consecutive quarter of positive operating income. Our business has demonstrated sales growth and positive EBITDA in each of the first three quarters of our fiscal year, further demonstrating the progress we have made in stabilizing our business. As we continue to execute on our key initiativ

Highest first half operating income in five years. Regis Corporation (NYSE:RGS), a leader in the haircare industry, today announced financial results for the second fiscal quarter ended December 31, 2022. Matthew Doctor, Regis Corporation's President and Chief Executive Officer, commented: "I am pleased with our strong results this quarter, which contributed to our highest first half operating income in five years and adjusted EBITDA growth. Our continued improved performance reflects the success of our transformation to an asset-light franchise business and the execution on our strategies across technology, stylist retention and recruitment, customer retention and marketing with the goal

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