Q2 2026 Regis Corp Earnings Call Transcript
Key Points
- Regis Corp (RGS) reported an increase in adjusted EBITDA to $8 million for the second quarter, up $900,000 year-over-year, indicating improved financial performance.
- Supercuts, a flagship brand of Regis Corp (RGS), delivered same-store sales growth of 2% year-to-date, showcasing positive brand performance.
- The company generated $1.5 million of unrestricted cash from operations in Q2 and $3.9 million year-to-date, reflecting strong cash management.
- Company-owned salons saw a sales growth of 4.3% in Q2, highlighting the success of strategic initiatives like the new stylist pay plan.
- Regis Corp (RGS) is making progress in modernizing its operations, with improvements in digital engagement, loyalty participation, and CRM strategy.
- Traffic remains a significant challenge for Regis Corp (RGS), impacting top-line performance despite pricing actions supporting same-store sales.
- Consolidated same-store sales for the quarter declined modestly by 0.10%, indicating challenges in maintaining consistent sales growth.
- The company experienced a net decrease of 374 franchise locations year-over-year, with closures primarily involving underperforming stores.
- SmartStyle brand continues to face more pronounced performance challenges compared to other brands within the Regis Corp (RGS) portfolio.
- Lower royalties and fees, along with non-margin franchise rental income, partially offset revenue gains from company-owned salons.
Thank you for joining the quarterly Regis Earnings call. We will begin shortly.
Good morning, and thank you for joining the Regis second quarter 2026 earnings conference call. I am your host, Kersten Zupfer, Executive Vice President and Chief Financial Officer. I am joined today by our Interim Chief Executive Officer, Jim Lain. (Operator Instructions) And this conference is being recorded.
I would like to remind everyone that the language on forward looking statements included in our earnings release and 8-K filing also applies to our comments made on the call today. These documents can be found on our website, www.regiscorp.com/investor-relations. We will be taking questions at the end of the call. Please use the Q&A feature to submit any questions.
With that, I will now turn the call over to Jim Lain.
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