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RGS $9.98

RGS target price
9.98
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Regis Corporation
Formerly called
Kunin Beauty Salon
Type
Public
Traded as NYSE: RGS
Industry Hair
Founded Edina, Minnesota, United States (1922)
Founders Paul Kunin
Florence Kunin
Headquarters Edina, Minnesota, United States
Key people
Hugh E. Sawyer (CEO)
Products Hair cuts
Beauty products
Revenue DecreaseUS$1.69 billion USD (2017)
Number of employees
50,000 stylists (2014)
Divisions Carlton Hair
Michael of the Carlyle
City Looks
Famous Hair
Best Guys
Saturday's
HCUK
Super Cuts
Pro-Cuts
Hair Crafters
Magicuts
MasterCuts
Borics Hair
Hair by Stewarts
SmartStyle
Cost Cutters
TGF Hair Salon
HairMasters
Style America
Mia & Maxx Hair Studio
Website www.regiscorp.com

Regis Corporation is an American operator of hair salons, and the largest such chain in the world, with over 10,000 salons (both company-owned and franchises). It has its headquarters in Edina, Minnesota.

Its namesake is Regis Salons, and it also owns the chains Carlton Hair in Southern California, Images Salon in Las Vegas, NV, Michael of the Carlyle in Colorado Springs, and Denver, CO, City Looks, Famous Hair, Best Cuts, Saturday's, HCUK, Supercuts, Pro-Cuts, Hair Crafters, Magicuts, MasterCuts, Borics Hair, Hair by Stewarts, SmartStyle, Cost Cutters, TGF Hair Salon, HairMasters, Style America, Holiday Hair and Mia & Maxx Hair Studio mostly in the US, First Choice Haircutters in Canada, and Vidal Sassoon, Jean Louis David, and Saint Algue based in Europe. In 2005 the company acquired Hair Club for Men and Women. In 2012, Regis sold Hair Club to the Japanese wigmaker Aderans. The company recently sold all of its beauty schools to Empire Beauty School.

On January 10, 2006, Regis Corporation announced it would acquire the Sally Beauty Company business of Alberto-Culver. Sally has 2,419 Sally Beauty Supply stores and 822 Beauty Systems Group stores. However, on April 5, 2006, Alberto-Culver terminated the merger agreement and later Sally was spun off as a separate company.

Regis is based in Edina, Minnesota and was founded in 1922 by Paul and Florence Kunin as Kunin Beauty Salon, and renamed Regis in 1958 by their son Myron who acquired the chain.

Regis's biggest successful merger was the acquisition of major competitor The Barbers, Hairstyling for Men & Women, Inc., which had previously brought the companies: The Cost Cutters, Family Hair Care, City Looks Salons International and We Care Hair. Other major acquisitions included Sassoon and HCUK. Regis sells Designline hair care products (2004) as well.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q4 2022 2022-08-23 0.00 0.00
Q3 2022 2022-05-10 0.00 0.00
Q2 2022 2022-02-02 -0.06 -0.06
Q1 2022 2021-11-03 -0.28 -0.28
Q4 2021 2021-08-25 -0.74 -0.74
Q3 2021 2021-05-05 -0.70 -0.70
Q2 2021 2021-02-03 -0.72 -0.72
Q1 2021 2020-11-02 -0.78 -0.78
Q4 2020 2020-08-31 -1.01 -1.01
Q3 2020 2020-06-18 -0.12 -0.12

Ratings

2016-05-19 Downgrade Piper Jaffray Neutral to Underweight
2016-05-19 Downgrade Piper Jaffray Cos. Neutral to Underweight
2015-11-19 Downgrade Piper Jaffray Overweight to Neutral $19.00
2015-10-31 Reiterated Rating Piper Jaffray Buy
2015-10-30 Upgrade Northcoast Research Sell to Neutral
2015-08-31 Downgrade Northcoast Research Buy to Neutral
2014-12-17 Initiated Coverage Piper Jaffray Overweight $22.00
2014-01-27 Downgrade CL King Buy to Neutral
2010-07-09 Downgrade Feltl & Co. Buy to Hold $22 to $17.55
2010-01-12 Downgrade Credit Suisse Outperform to Neutral
2009-12-04 Initiated Wedbush Morgan Neutral $16
2009-08-21 Upgrade Feltl & Co. Hold to Buy $15.50 to $20
2009-08-13 Initiated Feltl & Co. Hold $15.50
2009-07-07 Reiterated CL King Accumulate $18 to $21
2008-12-22 Initiated CL King Neutral
2016-05-19 Downgrade Piper Jaffray Neutral to Underweight
2016-05-19 Downgrade Piper Jaffray Cos. Neutral to Underweight
2015-11-19 Downgrade Piper Jaffray Overweight to Neutral $19.00
2015-10-31 Reiterated Rating Piper Jaffray Buy
2015-10-30 Upgrade Northcoast Research Sell to Neutral

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Smith Gregory Howard 5.81%  (3295519) RGS /
Beltzman Daniel Gordon 2.93%  (1658941) RGS / WAC /
Birch Run Capital, LLC 1.60%  (906989) RGS /
Hanrahan Daniel J President and CEO 0.97%  (551585) CLAC / FUN / RGS /
Bakken Eric Executive Vice President 0.20%  (111971) RGS /
PEARCE RANDY L President 0.20%  (111748) ARCI / ASNA / RGS /
SAWYER HUGH E III President & CEO 0.18%  (100186) HURN / RGS /
WILLIAMS DAVID PATRICK 0.17%  (96861) CHE / RGS /
LAIN JIM BRIAN EVP & Chief Operating Officer 0.16%  (91926) RGS /
WATSON STEPHEN E 0.15%  (82795) CHS / KSS / RGS /
Spiegel Steven M. EVP & Chief Financial Officer 0.12%  (67569) RGS /
THIEDE CARMEN D Chief Human Resources Officer 0.10%  (59300) RGS /
MERRIMAN MICHAEL J 0.09%  (52201) IVC / NDSN / OMN / RGS /
Lacko Andrew H. Chief Financial Officer 0.08%  (46127) RGS /
CONNER JOSPEH L. 0.08%  (43750) RGS /
PASSE HEATHER Chief Marketing Officer, SVP 0.07%  (40151) RGS /
Dulka Andrew W Chief Information Officer 0.07%  (38342) RGS /
Miller Annette Chief Merchandising Officer 0.07%  (37430) RGS /
LIGHT MARK 0.06%  (31807) RGS / SIG /
Grissen David 0.06%  (31807) MAR / RGS /
KNUDSEN NORMA A EVP, Merchandising 0.06%  (31193) RGS /
NELSON GORDON B EVP Fashion & Education 0.05%  (29634) RGS /
FOGARTY JAMES P 0.05%  (25890) DEPO / DRI / RGS /
Moen Brent Chief Financial Officer; SVP 0.04%  (23124) RGS /
Endrizzi Rachel Chief Marketing Officer 0.04%  (21902) RGS /
RHOADES M ANN 0.04%  (20311) JBLU / RGS /
RUSIN AMANDA P. SVP, General Counsel 0.03%  (16600) RGS /
Zupfer Kersten Delores Chief Accounting Officer 0.02%  (13300) RGS /
Warfield Kennith Earl JR SVP Premium and AP 0.02%  (12230) RGS /
REYNOLDS DOUG SVP, Chief Information Officer 0.02%  (11182) RGS /
Smith Jeffrey C 0.02%  (10247) AAP / DRI / ISSI / MCRL / ODP / PRGO / QTM / RGS / SRDX / YHOO /
Moren Kathryn Shawn SVP, Chief HRO 0.01%  (7530) RGS /
Gambale Virginia 0.01%  (3785) JBLU / RGS /