8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 7, 2011

REGIS CORPORATION

(Exact name of registrant as specified in its charter)

Minnesota	1-12725	41-0749934
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No)

7201 Metro Boulevard
Minneapolis, MN 55439
(Address of principal executive offices and zip code)

(952) 947-7777
(Registrant’s telephone number, including area code)

(Not applicable)

(Former name or former address, if changed from last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Regis Corporation
Current Report on Form 8-K

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On January 7, 2011, Regis Corporation announced its consolidated revenues and same-store sales for its fiscal second quarter ended December 31, 2010.  A copy of the News Release issued by Regis Corporation in connection with this Item 2.02 is attached as Exhibit 99 and incorporated by reference herein.

The information in this Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, regardless of any general incorporation language in such filing.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

EXHIBIT NUMBER
99	Regis Corporation News Release dated January 7, 2011

2

SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	REGIS CORPORATION
Dated: January 7, 2011		By:	/s/ Eric Bakken
			Name: Eric Bakken, Title: Secretary

EXHIBIT INDEX

EXHIBIT NUMBER
99	Regis Corporation News Release dated January 7, 2011

3

EX-99

Exhibit 99

CONTACT:   REGIS CORPORATION:

Mark Fosland — Vice President, Finance

952-806-1707

For Immediate Release

REGIS REPORTS SECOND QUARTER REVENUES OF $574 MILLION

-Second Quarter Total Same-Store Sales Decreased 1.3 Percent-

MINNEAPOLIS, January 7, 2011 — Regis Corporation (NYSE:RGS), the global leader in the $150 billion to $170 billion hair care industry, today reported consolidated revenues decreased 0.2 percent in the second fiscal quarter of 2011 to $574 million, compared to $575 million a year ago.  Second quarter total same-store sales decreased 1.3 percent.

“Our second quarter started out with slightly positive comps in October, but the month of November was soft.  We then began to pick up some sales momentum in the first ten days of December, but the storms and cold weather over the last twenty days of the month had a significant impact on customer traffic,” commented Paul D. Finkelstein, Chairman and Chief Executive Officer.  “Looking forward, we remain optimistic.  Our customer visitation trends have improved and we expect that trend to continue. We also believe our operational initiatives and focus on top-line growth will result in additional customer traffic.”

Second Quarter Revenues:

	For the Three Months Ended December 31, 2010
	Salons				Hair Restoration
(Dollars in thousands)	North America		International		Centers		Consolidated
Revenues:
Service	$	388,655	$	25,635	$	16,714	$	431,004
Product	103,780		11,396		18,535		133,711
Royalties and fees	9,003		—		597		9,600
Total	$	501,438	$	37,031	$	35,846	$	574,315

	For the Three Months Ended December 31, 2009
	Salons				Hair Restoration
(Dollars in thousands)	North America		International		Centers		Consolidated
Revenues:
Service	$	390,318	$	28,366	$	16,441	$	435,125
Product	100,614		11,980		18,077		130,671
Royalties and fees	8,969		—		600		9,569
Total	$	499,901	$	40,346	$	35,118	$	575,365

Second Quarter Same-Store Sales:

For the Three Months Ended December 31,

	2010						2009
	Service		Retail		Total		Service		Retail		Total
Regis Salons	-3.2	%	6.1	%	-1.6	%	-9.3	%	-13.0	%	-10.0	%
MasterCuts	-1.3		6.7		0.2		-2.2		-3.0		-2.3
Supercuts	0.5		-1.0		0.3		0.9		4.7		1.3
Promenade	-2.8		1.8		-2.3		-3.6		-5.0		-3.7
SmartStyle	-1.9		-1.1		-1.6		-3.2		-0.2		-2.2
Domestic Same-Store Sales	-2.1	%	1.4	%	-1.4	%	-4.1	%	-3.7	%	-4.0	%
International Same-Store Sales	-6.4	%	3.3	%	-3.1	%	-1.3	%	-2.3	%	-1.6	%
Hair Restoration Same-Store Sales	1.2	%	0.4	%	0.8	%	-0.9	%	1.1	%	0.1	%
Consolidated Same-Store Sales	-2.1	%	1.5	%	-1.3	%	-3.9	%	-2.9	%	-3.7	%

International same-store sales for the quarter represent the 12-week period ended December 11, 2010 versus the 12-week period ended December 12, 2009.

Regis Corporation will announce second quarter 2011 earnings results on January 26, 2011. A conference call discussing second quarter results will follow at 10:00 a.m., Central time. Interested parties are invited to listen by logging on to www.regiscorp.com.

About Regis Corporation

Regis Corporation (NYSE:RGS) is the beauty industry’s global leader in beauty salons, hair restoration centers and cosmetology education. As of September 30, 2010, the Company owned, franchised or held ownership interests in over 12,700 worldwide locations.  Regis’ corporate and franchised locations operate under concepts such as Supercuts, Sassoon Salon, Regis Salons, MasterCuts, SmartStyle, Cost Cutters, Cool Cuts 4 Kids and Hair Club for Men and Women.  In addition, Regis maintains an ownership interest in Provalliance, which operates salons primarily in Europe, under the brands of Jean Louis David, Franck Provost and Saint Algue.  Regis also maintains ownership interests in Empire Education Group in the U.S. and the MY Style concepts in Japan.  System-wide, these and other concepts are located in the U.S. and in over 30 other countries in North America, S outh America, Europe, Africa and Asia.  For additional information about the company, including a reconciliation of certain non-GAAP financial information and certain supplemental financial information, please visit the Investor Information section of the corporate website at www.regiscorp.com. To join Regis Corporation’s email alert list, click on this link:

http://www.b2i.us/irpass.asp?BzID=913&to=ea&Nav=1&S=0&L=1

This press release contains “forward-looking statements” within the meaning of the federal securities laws, including statements concerning anticipated future events and expectations that are not historical facts. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward—looking statements in this document reflect management’s best judgment at the time they are made, but all such statements are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those expressed in or implied by the statements herein. Such forward-looking statements are often identified herein by use of words including, but not limited to, “may,” “believe,” “project,” “forecast,” “expect,” “e stimate,” “anticipate” and “plan.” In addition, the following factors could affect the Company’s actual results and cause such results to differ materially from those expressed in forward-looking statements.  These factors include the results and impact of the Company’s announcement to explore strategic alternatives; competition within the personal hair care industry, which remains strong, both domestically and internationally; price sensitivity; changes in economic conditions, and in particular, continued weakness in the U.S. and global economies; changes in consumer tastes and fashion trends; the ability of the Company to implement its planned spending and cost reduction plan and to continue to maintain compliance with the financial covenants in its credit agreements; labor and benefit costs; legal claims; risk inherent to international development (including currency fluctuations); the continued ability of the Company and its franchisees to obtain suitable locations and financing for new salon development and to maintain satisfactory relationships with landlords and other licensors with respect to existing locations; governmental initiatives such as minimum wage rates, taxes and possible franchise legislation; the ability of the Company to successfully identify, acquire and integrate salons that support its growth objectives; the ability of the Company to maintain satisfactory relationships with suppliers; or other factors not listed above.  The ability of the Company to meet its expected revenue target is dependent on salon acquisitions, new salon construction and same-store sales increases, all of which are affected by many of the aforementioned risks. Additional information concerning potential factors that could affect future financial results is set forth in the Company’s Annual Report on Form 10-K for the year ended June 30, 2010. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. However, your attention is directed to any further disclosures made in our subsequent annual and periodic reports filed or furnished with the SEC on Forms 10-K, 10-Q and 8-K and Proxy Statements on Schedule 14A.

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