REGIS CORP.
August 5, 2010 at 4:28AM
Headquarters: Edina
In the news: Announced it's exploring strategic alternatives to enhance shareholder value.
Annual revenue: $2.4 billion
Market capitalization: $900 million
Chairman, CEO, president: Paul Finkelstein
Employees: 57,200 worldwide, 1,650 in Minnesota
Business: Regis owns, franchises or holds ownership interests in more than 12,700 worldwide locations in over 30 countries. Regis' brands include Supercuts, Sassoon Salon, Regis Salons, MasterCuts, SmartStyle, Cost Cutters, Cool Cuts 4 Kids and Hair Club for Men and Women. The company also owns hair restoration centers, and beauty schools and academies.
Stock: Closed at $15.64 but traded as high as $16.99 in after-hours trading. The stock has traded as high as $46.64 in December 2004 and as low as $8.56 in November 2008. During the past 10 years the share price has averaged more than $28 per share.
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The state will lose about $18 million in federal funding as the Trump administration terminates two pandemic-era programs.
