Regis Corp Files Q2 2025 10-Q

TL;DR

**Regis Corp Q2 2025 10-Q filed. Shows franchisee revenue streams.**

AI Summary

Regis Corporation filed a 10-Q for the period ending December 31, 2024. The filing covers the second quarter of their fiscal year. Key financial data points and business segments are detailed within the report, including information on royalties, fees, and product sales from franchisees.

Why It Matters

This filing provides investors with an update on Regis Corporation's financial performance and operational status for the second quarter of fiscal year 2025.

Risk Assessment

Risk Level: low — This is a routine quarterly filing providing financial updates and does not indicate any immediate or significant risks.

Key Numbers

• 2024-12-31 — Period End Date (The end date for the reporting period of this 10-Q filing.)
• 2024-07-01 — Period Start Date (The start date for the reporting period of this 10-Q filing.)

Key Players & Entities

• REGIS CORP (company) — Filer of the 10-Q
• 20241231 (date) — Period of report
• 0000716643 (company) — Central Index Key for REGIS CORP
• 9529477777 (dollar_amount) — Business phone number

FAQ

Key Financial Figures

• $0.05 — ange on which registered Common Stock, $0.05 par value RGS The Nasdaq Global Market

Filing Documents

• rgs-20241231.htm (10-Q) — 1143KB
• rgs-20241231xex311.htm (EX-31.1) — 10KB
• rgs-20241231xex312.htm (EX-31.2) — 10KB
• rgs-20241231xex32.htm (EX-32) — 6KB
• 0000716643-25-000010.txt ( ) — 6881KB
• rgs-20241231.xsd (EX-101.SCH) — 51KB
• rgs-20241231_cal.xml (EX-101.CAL) — 94KB
• rgs-20241231_def.xml (EX-101.DEF) — 247KB
• rgs-20241231_lab.xml (EX-101.LAB) — 592KB
• rgs-20241231_pre.xml (EX-101.PRE) — 426KB
• rgs-20241231_htm.xml (XML) — 987KB

Financial Statements (Unaudited)

Financial Statements (Unaudited): Condensed Consolidated Balance Sheets as of December 31, 2024, and June 30, 2024 3 Condensed Consolidated Statements of Operations for the Three and Six Months Ended December 31, 2024, and 2023 4 Condensed Consolidated Statements of Comprehensive Income for the Three and Six Months Ended December 31, 2024, and 2023 5 Condensed Consolidated Statements of Shareholders' Equity (Deficit) for the Three and Six Months Ended December 31, 2024, and 2023 6 Condensed Consolidated Statements of Cash Flows for the Six Months Ended December 31, 2024, and 2023 7 Notes to Condensed Consolidated Financial Statements 8 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 25 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 36 Item 4.

Controls and Procedures

Controls and Procedures 36 Part II. Other Information 37 Item 1.

Legal Proceedings

Legal Proceedings 37 Item 1A.

Risk Factors

Risk Factors 37 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 39 Item 5. Other Information 39 Item 6. Exhibits 40

- FINANCIAL INFORMATION

PART I - FINANCIAL INFORMATION

Financial Statements (Unaudited)

Item 1. Financial Statements (Unaudited) REGIS CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) As of December 31, 2024, and June 30, 2024 (Dollars in thousands, except per share data) December 31, 2024 June 30, 2024 ASSETS Current assets: Cash and cash equivalents (Note 7) $ 10,198 $ 10,066 Receivables, net 8,313 9,434 Other current assets 24,921 22,550 Total current assets 43,432 42,050 Property and equipment, net 10,699 3,664 Goodwill (Note 1) 188,975 173,146 Other intangibles, net 2,301 2,427 Right of use asset (Note 8) 266,513 287,912 Other assets 18,191 21,297 Total assets $ 530,111 $ 530,496 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable $ 16,451 $ 12,747 Accrued expenses 20,097 21,644 Short-term lease liability (Note 8) 70,971 69,127 Total current liabilities 107,519 103,518 Long-term debt, net (Note 9) 111,532 99,545 Long-term lease liability (Note 8) 206,872 230,607 Other non-current liabilities 37,470 40,039 Total liabilities 463,393 473,709 Commitments and contingencies (Note 6) Shareholders' equity: Common stock, $ 0.05 par value; issued and outstanding, 2,435,979 and 2,279,948 common shares at December 31, 2024, and June 30, 2024, respectively 122 114 Additional paid-in capital 73,243 69,660 Accumulated other comprehensive income 8,132 8,584 Accumulated deficit ( 14,779 ) ( 21,571 ) Total shareholders' equity 66,718 56,787 Total liabilities and shareholders' equity $ 530,111 $ 530,496 _______________________________________________________________________________ The accompanying notes are an integral part of the unaudited Condensed Consolidated Financial Statements. 3 REGIS CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) For the Three and Six Months Ended December 31, 2024, and 2023 (Dollars and shares in thousands, except per share amounts) Three Months Ended December 31, Six Months Ended December 31, 2024 2023 2024 2023 R

View Full Filing

View this 10-Q filing on SEC EDGAR