|Bid||8.48 x 1100|
|Ask||8.99 x 800|
|Day's Range||8.18 - 8.81|
|52 Week Range||4.22 - 18.15|
|Beta (5Y Monthly)||2.49|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 01, 2021 - Feb 05, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Nov 01, 2013|
|1y Target Est||7.50|
Barbers, hair stylists, and cosmetologists recently topped a list of high-contact occupations that have been among the hardest hit by the Covid-19 pandemic. Haircuts can’t be sold online and delivered in a box, coloring and highlights can’t be applied over Zoom, and salons remain at the mercy of local restrictions. One company that is poised to meet such pent-up demand next year and beyond is (RGS) (ticker: RGS), an owner and franchiser of about 6,700 barbershops and salons in the U.S., the U.K., and Canada.
On the call with me today, we have Felipe Athayde, our chief executive officer; Kersten Zupfer, the chief financial officer; Eric Bakken, president of our franchise segment; and Amanda Rusin, our General Counsel. Before I turn the call over to Felipe, I would like to remind everyone that the language on the forward-looking statements included in our earnings release and 8-K filings, all to apply to our comments made on the call today. With that, I will now turn the call over to Felipe.
Shares of Regis (NYSE:RGS) fell 0.2% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share fell 310.81% over the past year to ($0.78), which missed the estimate of ($0.12).Revenue of $111,396,000 declined by 54.91% year over year, which missed the estimate of $147,570,000.Looking Ahead Regis hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: Nov 02, 2020View more earnings on RGSTime: 10:00 AMET Webcast URL: https://www.regiscorp.com/Price Action 52-week high: $22.2952-week low: $4.22Price action over last quarter: down 26.33%Company Profile 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 most 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 major brands include SmartStyle, Cost Cutters, and Supercuts.See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For November 2, 2020 * Benzinga's Top Upgrades, Downgrades For October 22, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.