REGIS CORP (RGS) [Rocket]

In millions, except per share items	Jun-30-23	Jun-30-22	Jun-30-21	Jun-30-20	Jun-30-19	Jun-05-19	Jun-30-18	Jun-30-17
	10-K	10-K	10-K	10-K	10-K	8-K	10-K	10-K
Revenues:
Franchise salons	223.2	255.8	268.7	253.0	153.7		131.1	102.7
Other	10.1	20.2	143.0	416.7	915.4		1,104.4	1,190.1
Total revenues [+]	233.3	276.0	411.7	669.7	1,069.0	1,069.0	1,235.5	1,292.8
Products						225.6
Services						749.7
Revenue growth [+]	-15.5%	-33.0%	-38.5%	-37.4%	-13.5%		-4.4%	0.1%
Franchise salons	-12.7%	-4.8%	6.2%	64.7%	17.2%		27.6%	30.1%
Unit growth	-11.6%	-7.0%	-99.4%	-3.1%	-12.5%		-9.3%	-3.0%
Cost of goods sold [+]	173.7	225.9	396.9	510.6	713.5	581.6	912.5	736.7
Cost of product sales						128.8		126.3
Cost of services						452.8		610.4
Cost of services, excluding D&A								610.4
Gross profit	59.6	50.0	14.8	159.2	355.6	487.4	323.0	556.1
Gross margin	25.6%	18.1%	3.6%	23.8%	33.3%	45.6%	26.1%	43.0%
Selling, general and administrative [+]	50.8	65.3	96.4	202.5	318.0	318.0	328.1	491.5
Sales and marketing				71.5	141.0	141.0	154.1	153.7
General and administrative [+]	50.8	65.3	96.4	131.0	177.0	177.0	174.0	337.8
General and administrative expenses	50.8	65.3	96.4	131.0	177.0	177.0	174.0	157.3
Rent expense								180.5
Other selling, general and administrative				71.5	141.0	141.0	154.1	153.7
Equity in earnings
Other operating expenses						191.5
EBITDA [+]	16.1	-8.7	-63.8	-47.2	33.0	11.1	34.3	53.3
EBITDA growth	-284.0%	-86.3%	35.2%	-243.2%	-3.9%		-35.6%	3.7%
EBITDA margin	6.9%	-3.2%	-15.5%	-7.0%	3.1%	1.0%	2.8%	4.1%
Depreciation	6.9	6.1	17.1	31.8	32.0	33.3	38.1	39.4
EBITA	9.2	-14.8	-80.9	-79.0	1.0	-22.1	-3.8	13.9
EBITA margin	3.9%	-5.4%	-19.6%	-11.8%	0.1%	-2.1%	-0.3%	1.1%
Amortization of intangibles	0.3	0.4	0.8	1.3	1.3		1.3	1.3
EBIT [+]	8.9	-15.2	-81.7	-80.3	-0.3	-22.1	-5.1	12.6
EBIT growth	-158.3%	-81.3%	1.7%	26395.4%	-94.1%		-140.9%	39.8%
EBIT margin	3.8%	-5.5%	-19.8%	-12.0%	0.0%	-2.1%	-0.4%	1.0%
Non-recurring items [+]	0.1	13.7	13.0	65.1	21.8
Asset impairment	0.1	13.7	13.0	62.7
Interest expense	22.1	12.9	13.2	7.5	4.8	4.8	10.5	8.6
Interest expense	22.1	12.9	13.2	7.5	4.8	4.8	10.5	8.6
Other income (expense), net [+]	1.4	-2.6	-0.8	-24.0	4.6	4.6	5.4	2.0
Gain (loss) on sale of assets		-2.3	-16.7	-27.3	2.9		0.2	0.5
Other depreciation and amortization	7.7	6.2	21.7				58.2
Other	1.4	-0.3	15.9	3.4	1.7		5.2	1.5
Pre-tax income	-12.0	-44.4	-108.6	-176.8	-22.3	-22.3	-10.2	5.9
Income taxes	-0.7	2.0	-5.4	-4.6	-2.1	-2.1	-69.8	9.2
Tax rate	5.5%		5.0%	2.6%	9.6%	9.6%	685.0%	155.6%
Earnings from continuing ops	-11.3	-46.5	-103.2	-172.2	-20.1	-20.1	59.6	-3.3
Earnings from discontinued ops						5.9
Net income	-7.4	-85.9	-113.3	-171.4	-14.2	-14.2	6.4	-18.5
Net margin	-3.2%	-31.1%	-27.5%	-25.6%	-1.3%	-1.3%	0.5%	-1.4%

Basic EPS [+]	($0.25)	($1.07)	($2.87)	($4.79)	($0.48)	($0.48)	$1.28	($0.07)
Growth	-77.0%	-62.9%	-40.1%	896.1%	-137.5%		-1903.3%	-38.2%
Diluted EPS [+]	($0.25)	($1.07)	($2.87)	($4.79)	($0.48)	($0.48)	$1.27	($0.07)
Growth	-77.0%	-62.9%	-40.1%	896.1%	-138.0%		-1883.4%	-38.2%


Shares outstanding (basic) [+]	46.2	43.6	36.0	35.9	41.8	41.8	46.5	46.4
Growth	6.1%	21.2%	0.1%	-14.1%	-10.1%		0.3%	-4.5%
Shares outstanding (diluted) [+]	46.2	43.6	36.0	35.9	41.8	41.8	47.0	46.4
Growth	6.1%	21.2%	0.1%	-14.1%	-11.1%		1.5%	-4.5%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.