Regis Corporation (NasdaqGM:RGS) provided strategic review update. Matthew Doctor, Regis Corporation's President and CEO, commented: "In the second quarter, we continued to stabilize and rebuild the foundation of the company. We were pleased to see bright spots across all of our brands, as our top quartile salons collectively demonstrated approximately 6% same-store-sales for the quarter with positive traffic comps.

We also reported a $4.1 million improvement in operating income versus the same quarter last year, which reflects our efforts to streamline the business. Despite our progress, much work remains to position Regis, our franchisees and our employees for sustainable, long-term growth. That includes strengthening our operations, improving our support to our franchisees, reducing costs where appropriate and increasing franchisee sales and profitability.

As the Board continues to review strategic alternatives to assess the Company's capital structure, we are dedicated to maximizing value for all of our stakeholders and retaining a leadership position in the global beauty industry".