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Regis Corp - RGS STOCK NEWS

Welcome to our dedicated page for Regis news (Ticker: RGS), a resource for investors and traders seeking the latest updates and insights on Regis stock.

Regis Corporation (NYSE: RGS), headquartered in Minneapolis, Minnesota, is a leading company in the beauty salon and cosmetology education industry. With a presence in nearly 10,000 locations worldwide, Regis operates through a mix of company-owned, franchised, and partnership models. Some of its well-known brands include Supercuts, SmartStyle, MasterCuts, Regis Salons, Sassoon Salon, Cost Cutters, and First Choice Haircutters.

Regis Corporation's primary business involves providing a range of salon services such as haircutting, styling, and hair coloring. Its operations are largely focused in North America and the United Kingdom, with many of its outlets situated in strip malls, shopping centers, and Wal-Mart stores. The company caters to a price-conscious market, which forms the bulk of its revenue. A smaller but significant portion of its income is derived from the sale of salon products.

Beyond its extensive salon network, Regis holds ownership interests in Empire Education Group in the United States and My Style concepts in Japan. These ventures underline the company's commitment to expanding its influence in the beauty and cosmetology education sectors.

Regis Corporation has continually invested in enhancing its service offerings and operational efficiency. Recent achievements include strategic partnerships and the introduction of innovative hair care products. Financially, the company remains focused on steady growth and maintaining its market leadership.

For those looking to stay updated on Regis Corporation's latest developments, StockTitan provides the most current news, financial data, and insights into the company's performance and strategic initiatives.

News

Regis Announces Appeal of NYSE Determination to Commence Proceedings to Delist Regis’ Common Stock

Rhea-AI Summary
Regis Corporation (RGS) has requested an oral hearing of the NYSE’s decision to commence proceedings to delist its common stock. Regis plans to present its compliance plan at the hearing and is evaluating all available listing options. The company's common stock has not been suspended from trading and is expected to continue to be listed and traded on the NYSE while the appeal remains pending. However, the NYSE reserves the right to suspend trading in Regis common stock. NYSE Regulation has determined that Regis was unable to demonstrate compliance with the applicable listing standard, as previously disclosed.
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Regis Announces Intent to Appeal NYSE Determination to Commence Proceedings to Delist Regis’ Common Stock

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Regis Corporation (RGS) will appeal the NYSE’s decision to delist its common stock. The company plans to present its compliance plan at the hearing and explore other listing options. Regis common stock is expected to continue trading on the NYSE during the appeal.
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NYSE Announces Intent to Commence Delisting Proceedings for Regis Corporation Common Stock; Opportunity to Appeal

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Regis Corporation (RGS) faces potential delisting from the New York Stock Exchange (NYSE) due to non-compliance with listing standards, specifically related to stockholders' equity and total market capitalization. The company has the opportunity to request a review by the Committee of the Board of Directors of the NYSE to contest the delisting proceedings. Regis is also considering alternative options, including seeking listing on another national securities exchange.
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Regis Corporation Announces Reverse Stock Split to Regain Compliance with Minimum Bid Price Requirements

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Regis Corporation (NYSE: RGS) announced a one-for-twenty reverse stock split of its common stock, with an intended market effective date of November 29, 2023. The split aims to bring the company into compliance with stock exchange minimum bid price requirements. It will reduce the number of outstanding shares from approximately 45.6 million to approximately 2.3 million shares. No fractional shares will be issued, and shareholders will receive cash consideration in exchange. Shareholders holding share certificates will receive information from EQ Shareowner Services regarding the process for exchanging their shares of common stock.
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Regis Corporation Reports Continued Profitability for the First Fiscal Quarter 2024 and the Review of Strategic Alternatives

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Regis Corporation (NYSE: RGS) announced financial results for Q1 fiscal 2024. Adjusted EBITDA improved to $7.5 million compared to $3.8 million in Q1 fiscal 2023. Net income from operations was $1.2 million, the first positive result since fiscal 2018. The company will be evaluating strategic alternatives to strengthen its balance sheet and position itself for growth.
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Regis to Issue First Quarter 2023 Results on November 1, 2023

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Regis Corporation to release Q1 financial results on November 1, 2023
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CORRECTING and REPLACING Regis to Issue First Quarter Fiscal Year 2024 Results on November 1, 2023

Rhea-AI Summary
Regis Corporation (NYSE:RGS) will issue financial results for the first quarter ended September 30, 2023 on November 1, 2023. The company will host a webcast presentation for investors to discuss its corporate developments and financial performance.
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Regis Corporation Receives Continued Listing Notice From NYSE

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Regis Corporation receives notice of non-compliance with NYSE listing standard
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Supercuts® to Enter India Market Through Master Franchise Agreement

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Regis Corporation announces Master Franchise Agreement with Ravissant Style to launch Supercuts brand in India
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Regis Corporation Reports Continued Profitability for the Fourth Fiscal Quarter and Full Fiscal Year 2023

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Regis Corporation announces strong financial results for Q4 and FY 2023, with positive operating income and adjusted EBITDA.
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FAQ

What is the current stock price of Regis (RGS)?

The current stock price of Regis (RGS) is $22.49 as of February 28, 2025.

What is the market cap of Regis (RGS)?

The market cap of Regis (RGS) is approximately 52.3M.

What is Regis Corporation known for?

Regis Corporation is known for its extensive network of beauty salons and cosmetology education services.

Where is Regis Corporation headquartered?

Regis Corporation is headquartered in Minneapolis, Minnesota.

What are some of the brands operated by Regis Corporation?

The company operates well-known brands such as Supercuts, SmartStyle, MasterCuts, Regis Salons, Sassoon Salon, Cost Cutters, and First Choice Haircutters.

In which regions does Regis Corporation operate?

Regis Corporation operates primarily in North America and the United Kingdom.

What types of services does Regis Corporation provide?

Regis Corporation provides a range of salon services including haircutting, styling, and hair coloring.

What is the primary revenue source for Regis Corporation?

The majority of Regis Corporation's revenue comes from its salon services, with a significant portion also derived from product sales.

Does Regis Corporation have any educational ventures?

Yes, Regis holds ownership interests in Empire Education Group in the U.S. and My Style concepts in Japan.

What is the market focus of Regis Corporation?

The company primarily serves a price-conscious market, with many of its salons located in strip malls and shopping centers.

How does Regis Corporation maintain its market leadership?

Regis Corporation invests in enhancing its service offerings, operational efficiency, and strategic partnerships.

Where can I find the latest news on Regis Corporation?

The latest news on Regis Corporation can be found on StockTitan, which provides current updates and financial insights.
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Regis Corp

NYSE:RGS

RGS Rankings

#2739 Ranked by Market Cap
N/A Ranked by Dividends

RGS Stock Data

52.28M
2.07M
15%
20.46%
1.84%
Personal Services
Services-personal Services
Link
United States
MINNEAPOLIS