Total, SmartStyle/Cost Cutters Salons in Walmart (1)
1,743
1,757
SUPERCUTS
Franchised salons:
Open at beginning of period
2,386
2,508
Salons constructed
4
21
Salons purchased from the Company
8
129
Salon openings
12
150
Conversions (2)
2
2
Franchise buybacks
-
(1)
Salons closed
(31)
(273)
Total Franchised salons
2,369
2,386
Company-owned salons:
Open at beginning of period
35
210
Salons constructed
-
4
Franchise buybacks
-
1
Salon openings
-
5
Conversions (2)
-
3
Salons sold to franchisees
(8)
(129)
Salons closed
(3)
(54)
Total Company-owned salons
24
35
Total, Supercuts Salons (1)
2,393
2,421
- more -
PORTFOLIO BRANDS
September 30, 2021
June 30, 2021
Franchised salons:
Open at beginning of period
1,357
1,217
Salons constructed
1
10
Salons purchased from the Company
51
211
Salon openings
52
221
Conversions (2)
(2)
1
Salons closed
(16)
(82)
Total Franchised salons
1,391
1,357
Company-owned salons:
Open at beginning of period
150
671
Conversions (2)
-
(3)
Salons sold to franchisees
(51)
(211)
Salons closed
(11)
(307)
Total Company-owned salons
88
150
Total, Portfolio Brands Salons (1)
1,479
1,507
Total, North American Salons (3)
5,615
5,685
INTERNATIONAL SALONS (3):
Franchised salons:
Open at beginning of period
154
167
Salons constructed
-
1
Salon openings
-
1
Salons closed
(3)
(14)
Total Franchised salons
151
154
Total, International Salons (1)
151
154
- more -
TOTAL SYSTEM-WIDE SALONS:
September 30, 2021
June 30, 2021
Franchised salons:
Open at beginning of period
5,563
5,209
Salons constructed
6
32
Salons purchased from the Company
81
748
Salon openings
87
780
Franchise buybacks
-
(1)
Salons closed
(63)
(425)
Total Franchised salons
5,587
5,563
Company-owned salons:
Open at beginning of period
276
1,632
Salons constructed
-
4
Franchise buybacks
-
1
Salon openings
-
5
Salons sold to franchisees
(81)
(748)
Salons closed
(16)
(613)
Total Company-owned salons
179
276
Total Salons (1)
5,766
5,839
Ownership interest locations
77
78
Grand Total, System-wide
5,843
5,917
The Franchise operating segment is comprised primarily of Supercuts®, SmartStyle®, Cost Cutters®, First Choice Haircutters® and Roosters®. The Company-owned operating segment is comprised primarily of SmartStyle®, Supercuts®, Cost Cutters®, and other regional trade names.
Conversions represent the transfer of one salon concept to another concept.
Canadian and Puerto Rican salons are included in the North American salon totals.
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Regis Corporation published this content on 04 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2021 15:24:09 UTC.
Regis Corporation is a hair salon company, which franchises, owns and operates beauty salons. The Companyâs segments include Franchise salons and Company-owned salons. The Franchise salons segment is comprised of 4,795 franchise 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 is comprised of 68 Company-owned salons located mainly in strip center locations and Walmart. 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.