Wall Street's median 12-month price target for Regis Corp is $42.00, about 53.8% above its August 31 closing price of $27.30
Result drivers
Franchise rental income - Q4 revenue decline was primarily driven by lower non-margin franchise rental income as a result of fewer salons and franchisees signing their own leases
Salon count - Lower franchise and company-owned salon counts contributed to declines in revenue and royalties
Unprofitable salon closures - Company-owned segment profit improved due to closures of unprofitable salons, reducing rent and salon expenses
RGS•
