Added to YB: 2024-07-12
Pitch date: 2024-07-12
RGS [bullish]
Regis Corporation
+42.65%
current return
Author Info
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Company Info
Regis Corporation owns and franchises hair care salons primarily in North America. The company operates in two segments, Franchise Salons and Company-Owned Salons.
Market Cap
$54.8M
Pitch Price
$20.33
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.45
P/E
0.60
EV/Sales
2.06
Sector
Diversified Consumer Services
Category
value
Regis Corporation’s Conservative Financial Forecast Amid Franchise Closures
RGS: 4537 stores, 268 franchise closures Q1-Q3 FY24. Conservative est: 537-1000 closures, $150K-$200K avg rev/store, 0% SSS growth, 5.5% royalty, $46M G&A. Even w/ closures, EBITDA > TTM in scenario 1; scenario 2 still positive net income. Upside if assumptions prove conservative. Risk: further closures.
Read full article (2 min)