- RGS reported its Q2/23 earnings, where they achieved their highest first half operating income in five years
- Several announced restructuring efforts and productivity initiatives are expected to support margins and profitability going forward.
- Getting closer to cash flow breakeven and start to pay down debt.
Figure 1 –
https://www.regiscorp.com/salon-brands
Regis Corporation ($RGS) is a multinational hair and beauty salon chain, headquartered in Edina, Minnesota. The company has been a leader in the hair and beauty industry for several decades. RGS offers a wide range of hair and beauty services, including haircuts, styling, coloring, and other treatments. The company has a strong reputation for providing high-quality services at affordable prices. This makes it a popular choice for consumers looking for a convenient and accessible hair and beauty experience.
RGS faced several difficulties in the past few years, particularly due to the outbreak of the COVID-19 pandemic and the subsequent lockdowns. The pandemic and lockdowns had a severe...