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): April 9, 2012

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 April 9, 2012, Regis Corporation announced its consolidated revenues and same-store sales for its fiscal third quarter ended March 31, 2012.  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 April 9, 2012

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: April 10, 2012	By:	/s/ Eric Bakken
		Name: Eric Bakken, Title: Secretary

EXHIBIT INDEX

EXHIBIT NUMBER
99	Regis Corporation News Release dated April 9, 2012

3

EX-99

Exhibit 99

CONTACT: REGIS CORPORATION:
	Mark Fosland — SVP, Finance and Investor Relations
	952-806-1707
	Andy Larew — Director, Finance-Investor Relations
	952-806-1425

For Immediate Release

REGIS REPORTS THIRD QUARTER REVENUES OF $574 MILLION

MINNEAPOLIS, April 9, 2012 — Regis Corporation (NYSE:RGS), the global leader in the $160 billion hair care industry, today reported consolidated revenues decreased 1.3 percent in the third fiscal quarter of 2012 to $574 million, compared to $581 million a year ago.  Third quarter total same-store sales decreased 3.4 percent.  Third quarter same-store customer counts decreased 3.0 percent.

“Third quarter same-store sales results came in at the lower end of our expectations.  However, we are encouraged by our March same-store sales which were down 1.7 percent versus down 4.3 percent for the first two months of the quarter.  The Regis management team is taking aggressive steps to improve the Company’s performance by simplifying our operating model and focusing our business around four distinct consumer segments with differentiated marketing strategies and product offerings.  We remain confident and focused on our strategy to improve the salon experience for our customers.  Additionally, we continue to be vigilant in controlling costs and increasing operating efficiencies,” said Eric Bakken, EVP, Interim Corporate Chief Operating Officer.

Third Quarter Revenues:

	For the Three Months Ended March 31, 2012
	Salons				Hair Restoration
(Dollars in thousands)	North America		International		Centers		Consolidated
Revenues:
Service	$	390,201	$	22,771	$	17,364	$	430,336
Product	103,370		9,818		19,735		132,923
Royalties and fees	9,774		—		591		10,365
Total	$	503,345	$	32,589	$	37,690	$	573,624

	For the Three Months Ended March 31, 2011
	Salons				Hair Restoration
(Dollars in thousands)	North America		International		Centers		Consolidated
Revenues:
Service	$	398,731	$	24,550	$	16,828	$	440,109
Product	101,907		10,985		18,458		131,350
Royalties and fees	9,201		—		607		9,808
Total	$	509,839	$	35,535	$	35,893	$	581,267

Third Quarter Same-Store Sales:

For the Three Months Ended March 31,

	2012						2011
	Service		Retail		Total		Service		Retail		Total
Regis Salons	-6.1	%	1.1	%	-4.8	%	-4.4	%	2.9	%	-3.2	%
MasterCuts	-5.8		4.3		-3.9		-5.1		1.6		-3.9
Supercuts	-0.3		2.3		0.0		0.7		-3.2		0.2
Promenade	-2.6		-1.0		-2.5		-3.7		0.2		-3.3
SmartStyle	-6.2		-2.9		-5.1		-1.9		-3.1		-2.3
North America Same-Store Sales	-4.1	%	-0.8	%	-3.5	%	-2.9	%	-1.1	%	-2.6	%
International Same-Store Sales	-9.3	%	-12.7	%	-10.6	%	-3.1	%	0.2	%	-2.0	%
Hair Restoration Same-Store Sales	2.3	%	6.2	%	4.3	%	1.3	%	1.3	%	1.3	%
Consolidated Same-Store Sales	-4.1	%	-0.9	%	-3.4	%	-2.8	%	-0.7	%	-2.3	%

International same-store sales for the quarter represent the 12-week period ended March 3, 2012 versus the 12-week period ended March 5, 2011.

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 December 31, 2011, the Company owned, franchised or held ownership interests in approximately 12,800 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, South 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 may contain “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,” “estimate,” “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 impact of management and organizational changes; competition within the personal hair care industry, which remains strong, both domestically and internationally, price sensitivity; changes in economic conditions; 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 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 performance, 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, 2011. 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.