Regis: Q1 Earnings Insights

 

Shares of Regis RGS fell 0.2% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share fell 310.81% over the past year to ($0.78), which missed the estimate of ($0.12).

Revenue of $111,396,000 declined by 54.91% year over year, which missed the estimate of $147,570,000.

Looking Ahead

Regis hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Nov 02, 2020

Time: 10:00 AM

ET Webcast URL: https://www.regiscorp.com/

Price Action

52-week high: $22.29

52-week low: $4.22

Price action over last quarter: down 26.33%

Company Profile

Regis Corp owns, franchises, and operates beauty salons throughout North America and the United Kingdom. The company's locations provide salon products and services to the mass market, including haircutting, styling, and hair coloring. The vast majority of Regis' salons are in strip malls, shopping centers, and Wal-Mart stores in North America and serve price-conscious customers. The company derives most of its revenue from these locations. The sale of products also contributes a relatively significant percentage of total sales. Regis also operates a smaller portfolio of premium salons across North America and the U.K. The company's major brands include SmartStyle, Cost Cutters, and Supercuts.

Posted In: EarningsNews

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