RGS

Regis Corp.

Consumer


Presented:02/16/2018
Price:$16.50
Cap:$0.78B
Current Price:$26.69
Cap:$0.06B

Presented

Date02/16/2018
Price$16.50
Market Cap$0.78B
Ent Value$0.68B
P/E Ratio34.35x
Book Value$11.32
Div Yield0%
Shares O/S47.31M
Ave Daily Vol156,699
Short Int7.54%

Current

Price$26.69
Market Cap$0.06B
Regis Corp. engages in the ownership, franchise, and operation of beauty salons. It operates through the following segments: North American Value, North American Franchise, North American Premium, and International. The North American Value segment comprises of company-owned and franchised salons located in strip center locations and Walmart Supercenters. The North American Franchise segment offers high quality hair care and beauty products and beauty services. The North American Premium segment offers upscale hair care and beauty services and retail products. The International segment consists of company-owned salons located in malls, department stores, and high-traffic locations with operations in the United Kingdom under the Supercuts, Regis, and Sassoon concepts. The company was founded by Paul Kunin and Florence Kunin in 1922 and is headquartered in Edina, MN.

Publicly traded companies mentioned herein: Regis Corporation (RGS)

Highlights

Regis Corporation (RGS) is the largest owner/operator of hair salons. Its stores include Supercuts, MasterCuts, and others that focus on customers looking to spend in the realm of $18 - $22 on a haircut. The presenter is long the stock at $16.50, and views the restructuring plan being executed by new CEO Hugh Sawyer as credible, and “mostly straightforward blocking and tackling”. The removal of underperforming stores from the portfolio and an improved franchise mix could lead to meaningful EBITDA growth and stock price appreciation over the next 12 - 24 months.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.