February 24, 2024

Regis Reports First Operating Profits in 16 Quarters

(24/7 MARKET NEWS) – Regis Corporation (NYSE:RGS) announced, this morning, the financial results for the first fiscal quarter ended September 30, 2022. Highlights include, Regis reporting its first positive operating profit since September 30, 2018, operating profit improved by $7.4 million and came in at $2.5 million, and system-wide same-store sales increased 4.5% for the quarter.

Regis is at $1.31, 14 cents higher (+11.97%), on nearly 360 thousand premarket shares traded.

Its premarket high this morning is $1.44.

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