REGIS CORP

Regis Corporation (Nasdaq: RGS) operates a portfolio of hair care salon brands across North America and the United Kingdom through a predominantly franchised business model. The company's website is www.regiscorp.com. As of June 30, 2026, Regis franchises or owns 3,712 salon locations, consisting of 3,448 franchised salons and 264 company-owned salons, making it a significant player in the highly fragmented hair salon industry.

The company's primary revenue streams derive from royalties and fees paid by franchisees on service and product sales, as well as direct revenues from company-owned salon operations. Service revenues comprise approximately 95 percent of company-owned salon revenues. Regis operates through two reportable segments: franchise and company-owned operations.

Regis's salon concepts serve the value category of the market, offering haircutting, styling, hair coloring, and professional hair care products at competitive prices. The company's major brands include Supercuts, SmartStyle, Cost Cutters, First Choice Haircutters, Roosters, Magicuts, and Holiday Hair. Supercuts represents the largest franchise concept with 1,634 franchised locations, while SmartStyle and Cost Cutters operate primarily within Walmart Supercenters with 984 combined locations. Portfolio Brands, encompassing regional salon groups, account for 763 franchised and 169 company-owned locations.

In December 2024, Regis acquired Alline Salon Group, bringing 314 salons into company ownership, representing a strategic shift toward testing and refining operational initiatives before broader franchise rollout. This acquisition increased the company's employee base to 1,611 as of June 30, 2026.

Regis provides comprehensive support to franchisees and company-owned locations through its Salon Support center in Minneapolis, Minnesota, offering business coaching, stylist training, marketing programs, technology tools, and operational guidance. The company maintains numerous trademarks across the United States and foreign countries and operates under a business model emphasizing brand consistency, guest experience, stylist quality, affordability, and technology innovation. Salons are strategically located in high-traffic strip centers and Walmart Supercenters to maximize convenience and accessibility for guests.