RegisNYSE: RGS

Regis Corporation (NASDAQ: RGS) has seen a massive spike in its share price growth in the past 24 hours, rising $15.45 – over 300%. On June 25, Regis' stock price soared 304.73% to close at $20.52 during the US trading session, before correcting down slightly by $0.70 to trade at $19.

Regis (NASDAQ: RGS ) stock is up on Tuesday after the hair care salon company announced a new credit facility. Regis has secured a $105 million term loan that will replace its current debt.

Regis Corp (NASDAQ: RGS) has entered into a “new senior secured credit facility” with the global asset manager TCW Asset Management Company LLC and Midcap Financial Trust.  Its shares are up well over 100% on Tuesday.

MINNEAPOLIS--(BUSINESS WIRE)--Regis Corporation (NasdaqGM: RGS) (“Regis” or the “Company”), a leader in the haircare industry, today announced that it has entered into a new senior secured credit facility with TCW Asset Management Company LLC (“TCW”), a leading global asset manager, and Midcap Financial Trust (“Midcap”). A $105 million term loan replaces the Company's existing debt, reducing outstanding indebtedness by more than $80 million and saving approximately $7 million in cash interest a.

Regis (RGS) came out with a quarterly loss of $0.43 per share versus the Zacks Consensus Estimate of a loss of $1.19. This compares to loss of $1.20 per share a year ago.

Regis Corporation (RGS) Q2 2024 Earnings Call Transcript

MINNEAPOLIS--(BUSINESS WIRE)--Regis Corporation (NasdaqGM:RGS), a leader in the haircare industry, will issue financial results for the second fiscal quarter ended December 31, 2023 before the market opens on January 31, 2024. Following the release, the Company will host a presentation via webcast for investors beginning at 7:30 a.m. Central time to discuss its corporate developments and financial performance. To participate in the live webcast, interested parties may register here or register.

Regis (NYSE: RGS ) stock is dropping on Thursday after the company was sent a delisting notice by the NYSE Regulation. This update would see the company's shares delisted from the New York Stock Exchange for failing to meet listing requirements.

Regis Corporation (NYSE:RGS ) Q1 2024 Earnings Conference Call November 1, 2023 8:30 AM ET Company Participants Biz McShane - VP, Corporate Controller Matthew Doctor - President and CEO Kersten Zupfer - EVP and CFO Conference Call Participants Eric Beder - Small Cap Consumer Research Biz McShane Good morning, and thank you for joining the Regis First Quarter Fiscal 2024 Earnings Conference Call. I'm your host Biz McShane, Vice President Corporate Controller.