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Regis Corporation is a hair salon company that franchises, owns, and operates beauty salons. The Company operates through two segments: Franchise salons and Company-owned salons. The Franchise salons segment consists of approximately 5,395 franchised salons located mainly in strip center locations and Walmart. Franchise salons offer hair care and beauty services and retail products. This segment operates primarily in the United States, Puerto Rico and Canada and primarily includes the Supercuts, SmartStyle, Cost Cutters, First Choice Haircutters, Roosters and Magicuts concepts. The Company-owned salons segment consists of approximately 105 Company-owned salons located mainly in strip center locations and Walmart. The Company-owned salons offer hair care and beauty services and retail products. SmartStyle, Supercuts, Cost Cutters and other regional trade names operating in the United States and Canada are generally within the Company-owned salons segment.
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