Ultime notizie per Regis (NASDAQ:RGS) Azioni

Regis

Regis Corp owns, franchises, and operates beauty salons throughout North America and the United Kingdom. The company's locations provide salon products and services to the mass market, including haircutting, styling, and hair coloring. The vast majority of Regis' salons are in strip malls, shopping centers, and Wal-Mart stores in North America and serve price-conscious customers. The company derives the majority of its revenue from these locations. The sale of products also contributes a relatively significant percentage of total sales. Regis also operates a smaller portfolio of premium salons across North America and the U.K. The company's majority brands include SmartStyle, Cost Cutters, and Supercuts.

Regis Corp

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Once a dominant force in the weight-loss industry, WW International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WW#NASDAQ">WW</a>), formerly known as WeightWatchers, is feeling pressure from the disruptive rise of anti-obesity drugs, and is now staring at a bankruptcy process to reorganize its finances. 
What Happened: In a press release on Tuesday, the company announced that it has voluntarily initiated a "pre-packaged" Chapter 11 bankruptcy filing in Delaware. It aims to complete the court-supervised reorganization process within 45 days, &#8220;if not sooner.&#8221;
It plans to eliminate $1.15 billion in debt on its books through this process, helping &#8220;position WeightWatchers for long-term growth and success,&#8221; as it transitions into a telehealth services provider.
See More: <a href="https://www.benzinga.com/25/05/45242461/donald-trumps-trade-war-sparks-first-major-us-china-talks-scott-bessent-jamieson-greer-to-meet-chinese-delegation-in-geneva">Scott Bessent To Meet Chinese Officials For Crucial Trade Talks In Switzerland: Trump Administration</a>
The company says that it will remain fully operational during this reorganization process, and that there will be no impact on its members or the plans they rely on. 
WW International&#8217;s CEO, Tara Comonte, says, &#8220;The decisive actions we're taking today, with the overwhelming support of our lenders and noteholders, will give us the flexibility to accelerate innovation, reinvest in our members, and lead with authority in a rapidly evolving weight management landscape.&#8221;
Once <a href="https://www.benzinga.com/news/earnings/24/02/37379284/weightwatchers-stock-falls-after-q4-results-oprah-winfrey-exits">backed by talk show host</a> Oprah Winfrey, it has been under increasing pressure in recent years amid the rising popularity of GLP-1 drugs like Wegovy and Ozempic, manufactured by Novo Nordisk A/S (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>), which many consumers see as a more convenient alternative to counting points and calories, according to a <a href="https://edition.cnn.com/2025/05/06/business/weight-watchers-bankruptcy">report</a> by CNN.
Why It Matters: The move to file for bankruptcy comes amid investor Bruce Galloway building a 3% stake in the company two weeks ago, before urging the management not to file for bankruptcy, in a letter addressed to Comonte.
&#8220;We believe [that] if the company files Chapter 11, this will significantly impair the shareholders and be an extreme breach of the Board and Management's fiduciary duty and responsibility,&#8221; he said, before suggesting that the company pursue an out-of-court restructuring by offering equity to debt holders, citing the recent example of Regis Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGS#NASDAQ">RGS</a>).
The company has made several efforts over the years to stay relevant in this rapidly changing weight-loss landscape, with the <a href="https://www.benzinga.com/news/small-cap/23/03/31244013/looking-to-shed-some-pounds-weightwatchers-to-offer-weight-loss-drugs-like-ozempic">most prominent one</a> being its acquisition of telehealth provider, Sequence, which can prescribe popular weight-loss drugs such as Wegovy, Ozempic, and Trulicity. 
It also <a href="https://www.benzinga.com/news/25/04/45073094/weightwatchers-integrates-with-eli-lilly-to-expand-access-to-zepbound-stock-skyrockets-110">entered into a partnership</a> with Eli Lilly &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) recently, in order to give its members access to the latter&#8217;s weight-loss drug, Zepbound. 
Price Action: The stock was up 11.20% on Tuesday, but is down nearly 57% after hours, following the company&#8217;s announcement to file for bankruptcy.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="133" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06223429/Screenshot-2025-05-07-at-8.04.12-AM-1024x133.png" alt="" class="wp-image-904659" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06223429/Screenshot-2025-05-07-at-8.04.12-AM-1024x133.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06223429/Screenshot-2025-05-07-at-8.04.12-AM-300x39.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06223429/Screenshot-2025-05-07-at-8.04.12-AM-768x100.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06223429/Screenshot-2025-05-07-at-8.04.12-AM-1536x200.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/06223429/Screenshot-2025-05-07-at-8.04.12-AM.png 1596w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Despite its woes, WW International has a favorable price trend in the short term, according to Benzinga Edge Stock Rankings. For more insights, sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge</a>.
Photo Courtesy: Jonathan Weiss On Shutterstock.com
Read More: 
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<li><a href="https://www.benzinga.com/personal-finance/25/05/45240439/ive-made-no-sacrifice-warren-buffett-has-given-away-60-billion-but-says-giving-time-is-more-admirable-ive-done-little-of-that">&#8216;I&#8217;ve Made No Sacrifice&#8217; — Warren Buffett Has Given Away $60 Billion But Says Giving Time Is More &#8216;Admirable&#8217;: &#8216;I&#8217;ve Done Little Of That&#8217;</a></li>
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News

Markets

Despite Bruce Galloway's Pushback On Bankruptcy, WeightWatchers Enters Chapter 11; Says Members Won't Be Affected

WIIM

Regis Corp shares are trading lower after the company reported a year-over-year decrease in Q2 revenue results.

Regis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGS#NYSE">RGS</a>) reported quarterly adjusted earnings of $0.61 per share. This is a 241.86 percent increase over losses of $(0.43) per share from the same period last year. The company reported $46.70 million in sales this quarter. This is a 8.53 percent decrease over sales of $51.05 million the same period last year.

Earnings

Regis Q2 Adj $0.61 Up From $(0.43) YoY, Sales $46.70M Down From $51.05M YoY

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Earnings Scheduled For February 12, 2025

Regis Acquires Alline Salon Group In Transaction Valued At $22M Of Initial Consideration, With Ability For ASG To Earn Additional $3M Through Earn Out Payments

Regis shares are trading lower after the company reported a year-over-year decline in Q1 GAAP EPS and revenue results.

Regis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGS#NYSE">RGS</a>) reported quarterly earnings of $0.93 per share. This is a 30.99 percent increase over earnings of $0.71 per share from the same period last year. The company reported $46.06 million in sales this quarter. This is a 13.70 percent decrease over sales of $53.37 million the same period last year.

Regis Q1 Adj $0.93 Up From $0.71 YoY, Sales $46.06M Down From $53.37M YoY

Regis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGS#NYSE">RGS</a>) reported quarterly losses of $(0.36) per share. This is a 160 percent decrease over earnings of $0.60 per share from the same period last year. The company reported $46.06 million in sales this quarter. This is a 13.70 percent decrease over sales of $53.37 million the same period last year.

Regis Q1 EPS $(0.36) Down From $0.60 YoY, Sales $46.06M Down From $53.37M YoY

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Shares of companies within the broader consumer discretionary sector are trading higher following better-than-expected consumer sentiment data. Strong earnings from RH and anticipated rate cuts may be lifting the sector.

General

Regis shares are trading higher. The company reported Q4 financial results.

Regis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGS#NYSE">RGS</a>) reported quarterly earnings of $38.10 per share. The company reported quarterly sales of $49.38 million which missed the analyst consensus estimate of $52.01 million by 5.06 percent. This is a 11.38 percent decrease over sales of $55.72 million the same period last year.

Earnings Misses

Regis Q4 EPS $38.10, Sales $49.38M Miss $52.01M Estimate

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Shares of companies within the broader consumer discretionary sector are trading higher following strong New Home Sales economic data for July. Also, the sector may be moving in sympathy with the market after Fed Chair Powell offered an optimistic U.S. economic outlook and indicated future rate cuts.

Trading Ideas

Regis Shares Halted On Circuit Breaker To The Upside, Stock Now Up 206.9%

Regis Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGS#NASDAQ">RGS</a>) shares are trading higher Tuesday after the company announced it has entered into a new senior secured credit facility with TCW Asset Management to refinance <a href="https://www.benzinga.com/pressreleases/24/06/b39473090/regis-corporation-announces-new-credit-facility-to-refinance-existing-debt">its existing debt.</a>
The Details:
Regis said a $105 million term loan will replace the company&#8217;s existing debt, reducing outstanding indebtedness by more than $80 million and saving approximately $7 million in cash interest annually. In addition to the term loan, the company will have access to a $25 million revolving credit facility, with the term loan and credit facility maturing on June 24, 2029.&nbsp;
Related News: <a href="https://www.benzinga.com/news/24/06/39466366/rivian-cuts-costs-by-35-whats-going-on-with-rivians-stock">Rivian Cuts Costs By 35%: What&#8217;s Going On With Rivian&#8217;s Stock?</a>
&#8220;This strategic refinancing is a significant milestone for Regis and the next step on our path towards sustainable long-term growth and value creation,&#8221; said Matthew Doctor, Regis Corporation&#8217;s CEO.&nbsp;
&#8220;We conducted a comprehensive strategic review to address our capital structure, and we are pleased to have reached a refinancing agreement that will significantly reduce our debt, improve the health of our balance sheet and increase our financial flexibility so we can focus on transforming our business operations.&#8221;
Regis shares are soaring on heavy trading volume following the announcement with more than 13.5 million shares changing hands before the opening bell. According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, the stock&#8217;s 100-day average volume is less than 16,000 shares.
<h2 class="wp-block-heading">How To Buy RGS Stock: </h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Regis&#8217; case, it is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
RGS Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Regis Corporation shares are up 197.8% at $15.10 at the time of publication Tuesday.
Image: Gerd Altmann from Pixabay

Movers

Why Regis Corporation Stock Is Soaring

Regis Shares Resume Trade

Regis Shares Halted On Circuit Breaker To The Upside, Stock Now Up 267.1%

Regis Corporation Shares Resume Trading; Up 204%

RGS: 164% &#x7C;&nbsp;<a href="https://www.benzinga.com//node/39476196">Regis shares are trading higher after the company announced that it entered into a new senior secured credit facility with TCW Asset Management to refinance its existing debt.</a>
ENVX: 24% &#x7C;&nbsp;<a href="https://www.benzinga.com//node/39476180">Enovix shares are trading higher after the company signed a deal to supply silicon batteries for mixed reality headsets.</a>
SEDG: -19% &#x7C;&nbsp;<a href="https://www.benzinga.com//node/39474906">SolarEdge Technologies shares are trading lower after the company announced a private offering of $300 million convertible notes due 2029.</a>

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Market-Moving News for June 25th

Regis shares are trading higher after the company announced that it entered into a new senior secured credit facility with TCW Asset Management to refinance its existing debt.

A&nbsp;$105 million&nbsp;term loan replaces the Company&#39;s existing debt, reducing outstanding indebtedness by more than&nbsp;$80 million&nbsp;and saving approximately&nbsp;$7 million&nbsp;in cash interest annually.
In addition to the term loan, the Company will have access to a&nbsp;$25 million&nbsp;revolving credit facility. The new revolving credit facility and term loan will mature on June 24, 2029.&nbsp;

Regis Enters New Senior Secured Credit Facility With TCW Asset Management

Press Releases

Supercuts® Debuts Nationwide Loyalty Program with Guests Able to Earn Free Haircuts and More

Regis to Issue First Quarter Fiscal 2025 Results on November 6, 2024

Regis Corporation Reports Continued Profitability for the First Fiscal Quarter 2025

Supercuts® Joins Forces with Military Makeover with Montel to Honor Deserving Veteran

Regis Corporation Acquires Alline Salon Group Adding $83M Revenue and $5.8M EBITDA

Regis Corporation Appoints Susan Lintonsmith to Its Board of Directors

Regis to Issue Second Quarter Fiscal 2025 Results on February 12, 2025

Regis Corporation Reports Improved Profitability for the Second Fiscal Quarter 2025 and Positive Cash from Operations

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