Regis Corporation ( (RGS) ) has released its Q1 earnings. Here is a breakdown of the information Regis Corporation presented to its investors.
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Regis Corporation is a prominent player in the haircare industry, operating a mix of franchised and company-owned salons under brands like Supercuts and SmartStyle. The company is focused on modernizing its operations and enhancing its digital capabilities to drive long-term growth.
In its latest earnings report for the first fiscal quarter of 2026, Regis Corporation reported a notable increase in consolidated revenue, reaching $59 million, up from $46.1 million in the same quarter last year. This growth was primarily driven by the acquisition of Alline, which boosted company-owned salon revenue. The company also achieved its fourth consecutive quarter of positive cash flow from operations.
Key financial highlights include a rise in operating income to $5.9 million from $2.1 million, and a net income of $1.4 million compared to a loss in the previous year. Same-store sales for Supercuts increased by 2.5%, while consolidated same-store sales rose by 0.9%. Despite a decline in franchise revenue due to fewer salons, the company-owned segment saw significant revenue growth, contributing to an improved adjusted EBITDA of $8 million.
Looking ahead, Regis Corporation remains committed to its transformational strategy, focusing on modernizing its brand and leveraging technology to enhance customer experiences. The company aims to continue building on its recent successes to achieve sustainable, long-term growth in the competitive haircare market.