Quarterly ResultMay 13, 2026, 06:12 AM
Regis Q3 Net Income $0.7M, EPS $0.26; Same-Store Sales Up 2.6%
AI Summary
Regis Corporation announced its financial results for the third fiscal quarter ended March 31, 2026, reporting improved profitability and solid cash flow generation. The company achieved a 2.6% increase in consolidated same-store sales, with Supercuts up 5.0% and company-owned salons up 9.6%. Despite a decrease in consolidated revenue to $52.4 million, net income rose to $0.7 million and adjusted EBITDA increased to $7.7 million, driven by strong execution and disciplined cost management. Regis is focused on initiatives to drive salon traffic and evaluating refinancing alternatives for its existing credit agreement.
Key Highlights
- Regis Q3 consolidated same-store sales increased 2.6% year-over-year.
- Supercuts same-store sales rose 5.0% in Q3 2026.
- Company-owned salons same-store sales grew 9.6% in Q3 2026.
- Q3 2026 net income was $0.7 million, up from $0.3 million in the prior year.
- Q3 2026 diluted EPS was $0.26, compared to $0.08 in the prior year.
- Q3 2026 adjusted EBITDA increased to $7.7 million from $7.1 million.
- Year-to-date cash from operations was $8.9 million, an increase of $1.9 million.
- Total consolidated revenue for Q3 2026 decreased to $52.4 million from $57.0 million.