# Regis Corporation (RGS) Q4 2025 Financial Results Summary
Release Date: September 3, 2025
Regis Corporation, a prominent leader in the haircare industry, announced its financial results for the fourth fiscal quarter and full year ending June 30, 2025. Below is a summary of the key financial metrics and insights derived from the report.
### Financial Highlights
#### Fourth Quarter Fiscal 2025 vs. Fourth Quarter Fiscal 2024
– **Consolidated Revenue**:
– **Q4 2025**: $60.4 million
– **Q4 2024**: $49.4 million
– **Change**: Up **22.3%** ($11.0 million increase)
– **Same-Store Sales**:
– **Supercuts**: Up **2.9%** vs. last year
– **Consolidated**: Up **1.3%**
– **Operating Income**:
– **Q4 2025**: $7.3 million
– **Q4 2024**: $4.6 million
– **Change**: Up **58.7%**
– **Cash from Operations**:
– **Q4 2025**: $6.8 million
– **Q4 2024**: $5.1 million
– **Change**: Up **33.3%** ($1.7 million increase)
– **Adjusted EBITDA**:
– **Q4 2025**: $9.7 million
– **Q4 2024**: $7.8 million
– **Change**: Up **24.4%**
– **Net Income**:
– **Q4 2025**: $116.5 million
– **Q4 2024**: $91.2 million
– **Change**: Up **28.2%**
– **Diluted Earnings Per Share (EPS)**:
– **Q4 2025**: $42.58
– **Q4 2024**: $38.10
– **Change**: Up **11.0%**
– **Adjusted Net Income**:
– **Q4 2025**: $2.0 million
– **Q4 2024**: $(2.0) million
– **Change**: Positive turnaround
– **Adjusted Diluted EPS**:
– **Q4 2025**: $0.74
– **Q4 2024**: $(0.84)
– **Change**: Positive turnaround
#### Full Fiscal Year 2025 vs. Full Fiscal Year 2024
– **Consolidated Revenue**:
– **FY 2025**: $210.1 million
– **FY 2024**: $203.0 million
– **Change**: Up **3.5%** ($7.1 million increase)
– **Same-Store Sales**:
– **Supercuts**: Up **1.3%**
– **Consolidated**: Down **0.6%**
– **Operating Income**:
– **FY 2025**: $19.9 million
– **FY 2024**: $20.9 million
– **Change**: Down **4.8%**
– **Cash from Operations**:
– **FY 2025**: $13.7 million
– **FY 2024**: $(2.0) million
– **Change**: Positive turnaround of **$15.7 million**
– **Adjusted EBITDA**:
– **FY 2025**: $31.6 million
– **FY 2024**: $27.5 million
– **Change**: Up **15.0%**
– **Net Income**:
– **FY 2025**: $123.5 million
– **FY 2024**: $91.1 million
– **Change**: Up **35.5%**
– **Diluted EPS**:
– **FY 2025**: $46.10
– **FY 2024**: $38.34
– **Change**: Up **20.3%**
– **Adjusted Net Income**:
– **FY 2025**: $7.6 million
– **FY 2024**: $(2.2) million
– **Change**: Positive turnaround
– **Adjusted Diluted EPS**:
– **FY 2025**: $2.85
– **FY 2024**: $(0.92)
– **Change**: Positive turnaround
### Additional Information
– A significant **$116.3 million** valuation allowance on deferred tax assets was released, demonstrating confidence in future profitability.
– The company achieved its third consecutive quarter with positive cash from operations.
– **Dividends and Share Repurchase**: No quarterly dividend was declared, nor was there any mention of share repurchase activity in the report.
### Conclusion
Regis Corporation marked a noteworthy end to fiscal year 2025, showcasing substantial gains in revenue, net income, and adjusted financial metrics. These results reflect strong performance driven by key transformation initiatives and disciplined cost management.
Here are the extracted tables from the press release you provided:
### CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollars and shares in thousands, except per share data)
| Revenues: | Three Months Ended June 30, | Twelve Months Ended June 30, | ||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Royalties | $ 14,144 | $ 16,063 | $ 58,163 | $ 64,098 |
| Fees | 2,046 | 2,449 | 9,717 | 10,189 |
| Product sales to franchisees | — | — | — | 451 |
| Advertising fund contributions | 5,590 | 5,856 | 21,924 | 25,663 |
| Franchise rental income | 18,075 | 22,724 | 76,599 | 95,258 |
| Company-owned salon revenue | 20,543 | 2,284 | 43,731 | 7,323 |
| Total revenue | 60,398 | 49,376 | 210,134 | 202,982 |
| Operating expenses: | ||||
| Cost of product sales to franchisees | — | — | — | 436 |
| General and administrative | 10,340 | 11,639 | 46,764 | 45,387 |
| Rent | 3,216 | 1,268 | 10,487 | 5,525 |
| Advertising fund expense | 5,590 | 5,856 | 21,924 | 25,663 |
| Franchise rent expense | 18,075 | 22,724 | 76,599 | 95,258 |
| Company-owned salon expense (1) | 14,569 | 779 | 31,103 | 5,080 |
| Depreciation and amortization | 1,321 | 1,888 | 2,966 | 3,945 |
| Long-lived asset impairment | — | 629 | 352 | 798 |
| Total operating expenses | 53,111 | 44,783 | 190,195 | 182,092 |
| Operating income | 7,287 | 4,593 | 19,939 | 20,890 |
| Other (expense) income: | ||||
| Interest expense | -5,471 | -6,864 | -20,252 | -25,393 |
| Gain on extinguishment of long-term debt, net | — | 94,611 | — | 94,611 |
| Other, net | 1,164 | 27 | 1,849 | -172 |
| Income from operations before income taxes | 2,980 | 92,367 | 1,536 | 89,936 |
| Income tax benefit (expense) | 115,406 | -1,070 | 115,496 | -869 |
| Income from continuing operations | 118,386 | 91,297 | 117,032 | 89,067 |
| (Loss) income from discontinued operations, net of income taxes | -1,892 | -96 | 6,504 | 1,993 |
| Net income | $ 116,494 | $ 91,201 | $ 123,536 | $ 91,060 |
| Net income per share: | ||||
| Basic: | ||||
| Income from continuing operations | $ 48.60 | $ 38.98 | $ 49.51 | $ 38.08 |
| (Loss) income from discontinued operations | -0.78 | -0.04 | 2.75 | 0.85 |
| Net income per share, basic (2) | $ 47.82 | $ 38.94 | $ 52.26 | $ 38.93 |
| Diluted: | ||||
| Income from continuing operations | $ 43.27 | $ 38.14 | $ 43.67 | $ 37.50 |
| (Loss) income from discontinued operations | -0.69 | -0.04 | 2.43 | 0.84 |
| Net income per share, diluted (2) | $ 42.58 | $ 38.10 | $ 46.10 | $ 38.34 |
| Weighted average common and common equivalent shares outstanding: | ||||
| Basic | 2,436 | 2,342 | 2,364 | 2,339 |
| Diluted | 2,736 | 2,394 | 2,680 | 2,375 |
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### CONDENSED CONSOLIDATED BALANCE SHEETS
(Dollars in thousands, except per share data)
| ASSETS | June 30, | |
|---|---|---|
| Current assets: | 2025 | 2024 |
| Cash and cash equivalents | $ 16,959 | $ 10,066 |
| Receivables, net | 9,473 | 9,434 |
| Inventories | 2,798 | 818 |
| Other current assets | 21,254 | 21,732 |
| Total current assets | 50,484 | 42,050 |
| Property and equipment, net | 10,085 | 3,664 |
| Goodwill | 183,436 | 173,146 |
| Other intangibles, net | 5,830 | 2,427 |
| Right of use asset | 229,861 | 287,912 |
| Deferred tax asset | 102,504 | — |
| Other assets | 16,757 | 21,297 |
| Total assets | $ 598,957 | $ 530,496 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $ 20,837 | $ 12,747 |
| Accrued expenses | 19,066 | 21,644 |
| Long-term debt, current portion | 1,100 | — |
| Short-term lease liability | 60,685 | 69,127 |
| Total current liabilities | 101,688 | 103,518 |
| Long-term debt, net | 109,693 | 99,545 |
| Long-term lease liability | 179,280 | 230,607 |
| Other non-current liabilities | 22,680 | 40,039 |
| Total liabilities | 413,341 | 473,709 |
| Commitments and contingencies | ||
| Shareholders’ equity: | ||
| Common stock, $0.05 par value; issued | 122 | 114 |
| and outstanding, 2,435,981 and 2,279,948 | ||
| common shares as of June 30, 2025 and | ||
| 2024, respectively | ||
| Additional paid-in capital | 75,243 | 69,660 |
| Accumulated other comprehensive income | 8,286 | 8,584 |
| Retained earnings (deficit) | 101,965 | -21,571 |
| Total shareholders’ equity | 185,616 | 56,787 |
| Total liabilities and shareholders’ equity | $ 598,957 | $ 530,496 |
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These tables have been extracted and formatted as per your instructions while maintaining their originality.
