Regis Corporation

Is Regis Corporation publicly traded?

Yes, Regis Corporation is publicly traded on NASDAQ under ticker RGS. The company is widely held by institutional and individual investors with no single controlling shareholder. The company has been publicly listed for decades and reports quarterly financial results to the SEC.

What brands does Regis own?

Regis owns Supercuts, SmartStyle, Cost Cutters, Roosters Men's Grooming Center, Holiday Hair, First Choice Haircutters, Regis Salons, MasterCuts, Pro-Cuts, Famous Hair, Hair Masters, and Magicuts. The company's brand portfolio addresses different market segments from value-oriented salons to premium men's grooming.

How many salons does Regis operate?

As of Q3 FY2026 (ended March 31, 2026), Regis had 3,497 franchised salons and a number of company-owned salons from the Alline acquisition. The total salon count is approximately 3,800. Franchised salons represent 92.7% of total salons. The franchise salon count has declined from 4,391 at the end of FY2024 due to the Alline acquisition and franchisee attrition.

What is Regis's revenue?

Regis reported FY2025 revenue of $210.1 million (fiscal year ended June 30, 2025), up from $203.0 million in FY2024. Operating income was $19.9 million and adjusted EBITDA was $31.6 million. Through Q3 FY2026, consolidated revenue was $168.5 million with operating income of $17.8 million. System-wide revenue, which includes all franchised and company-owned salon revenue, was $534.5 million for the first half of FY2026.

What is SmartStyle?

SmartStyle is Regis's in-store salon concept located in Walmart stores. SmartStyle salons provide convenient hair care services to Walmart customers and benefit from high-traffic retail locations. The Walmart partnership provides Regis with access to a large customer base and strategic retail positioning.

Who is the CEO of Regis Corporation?

Susan Lintonsmith serves as President and CEO of Regis Corporation as of 2026. She succeeded Jim Lain, who served as Interim President and CEO during FY2025. Under Lintonsmith's leadership, the company has reported improving same-store sales and has focused on brand standards, operating model optimization, and technology deployment.

Regis Corporation was founded in 1922 by Paul Kunin as a hair salon company in Minneapolis, Minnesota. Throughout the 20th century, Regis expanded its operations and brand portfolio, establishing itself as a major player in the North American hair care industry.

The company grew through both organic expansion and acquisitions, building a portfolio of salon brands targeting different market segments and customer demographics. Regis established itself as a leader in the franchise salon business model.

In the 1990s and 2000s, Regis underwent significant transformation, transitioning from a company-owned salon model to a primarily franchise-based model. This shift allowed the company to expand more rapidly while reducing capital requirements and operational complexity. At its peak, Regis operated over 10,000 salons worldwide.

Regis expanded internationally, establishing operations in the United Kingdom and other markets. The company also diversified its brand portfolio, acquiring and developing brands targeting different customer segments and price points.

In 2017, Regis completed a major restructuring, converting most of its company-owned salons to franchise operations. This significantly reduced the company's direct operational footprint while increasing franchise royalty revenue. The transition reduced headcount and capital requirements but also reduced total revenue, as franchise royalty revenue is lower than company-owned salon revenue.

In December 2024, Regis completed the acquisition of Alline, a salon company, adding company-owned salons back to the portfolio. This acquisition contributed $36.4 million in additional company-owned salon revenue in FY2025. The acquisition represents a strategic shift, adding company-owned operations alongside the franchise network.

In FY2025, Jim Lain served as Interim President and CEO. In 2026, Susan Lintonsmith was appointed President and CEO. Under her leadership, the company has reported improving same-store sales, with Q3 FY2026 showing Supercuts same-store sales up 5.0% and company-owned salons up 9.6%.

Regis Corporation is not a Certified B Corporation and does not hold specific third-party sustainability certifications. The company's environmental footprint consists primarily of salon operations, including water usage, energy consumption, and waste from hair care products.

Regis's primary social and ethical considerations relate to labor practices. The hair salon industry is labor-intensive with high employee turnover. Regis employs stylists, barbers, and salon managers across its company-owned salons, and its franchisees employ similar staff at franchised locations. The company provides training and career development programs for stylists.

The company's franchise model creates a complex labor relationship, as franchisee employees are not Regis employees. This means Regis does not directly control working conditions, wages, or benefits at franchised salons, though it sets brand standards and provides training requirements.

Regis Corporation has faced several challenges in recent years. The company's transition from a company-owned to a franchise model resulted in significant revenue declines, as franchise royalty revenue is substantially lower than company-owned salon revenue. Total consolidated revenue fell from over $800 million in the mid-2010s to $210.1 million in FY2025, reflecting the impact of salon conversions and franchise rental income declines.

The company has faced declining franchise salon counts. Total franchise salons decreased from 4,391 at the end of FY2024 to 3,647 at the end of FY2025, a decline of 744 salons. This trend continued into FY2026, with franchise salons declining to 3,497 by Q3. The decline is partly attributable to the Alline acquisition (which converted some franchised salons to company-owned) and partly to franchisee attrition.

The hair salon industry faces regulatory scrutiny over cosmetology licensing requirements, which vary by state. Some states have considered reducing licensing requirements, which could lower barriers to entry and increase competition. Regis has generally supported maintaining licensing standards to ensure service quality and safety.