Regis traded at $29.40 this Friday October 23rd, decreasing $0.10 or 0.35 percent since the previous trading session. Looking back, over the last four weeks, Regis lost 3.08 percent. Over the last 12 months, its price fell by 3.49 percent. Looking ahead, we forecast Regis to be priced at 28.77 by the end of this quarter and at 26.98 in one year, according to Trading Economics global macro models projections and analysts expectations.
Regis Corporation is a hair salon company that franchises, owns, and operates beauty salons. The Company operates through two segments: Franchise salons and Company-owned salons. The Franchise salons segment is comprised of approximately 5,563 franchised salons located in strip center locations and Walmart. Franchise salons offer hair care and beauty services and retail products. This segment operates primarily in the United States and Canada and primarily includes the Supercuts, SmartStyle, Cost Cutters, First Choice Haircutters, Roosters and Magicuts concepts. The Company-owned salons segment is comprised of approximately 276 Company-owned salons located in strip center locations and Walmart. The Company-owned salons offer hair care and beauty services and retail products. SmartStyle, Supercuts, Cost Cutters and other regional trade names operating in the United States, Canada and Puerto Rico are generally within the Company-owned salons segment.