|Company name||Regis Corporation|
|Live stock price||[stckqut]RGS[/stckqut]|
|Confident Investor Rating||Poor|
The following company description is from Google Finance: https://www.google.com/finance?q=NYSE%3ARGS&sq=rgs&sp=2&ei=HVUoU7CcG8mqqgHaeQ
Regis Corporation business is engaged in owning, operating and franchising hair and retail product salons. During the fiscal year ended fiscal years June 30, 2012 (fiscal 2012), the Company owned Hair Club. As of June 30, 2012, the Company owned, franchised or held ownership interests in approximately 12,600 worldwide locations. The Company's locations consisted of 9,738 company-owned and franchise salons, 98 hair restoration centers, and 2,811 locations in which the Company maintains a non-controlling ownership interest of less than 100%. The Company's hair restoration centers offer three hair restoration solutions: hair systems, hair transplants and hair therapy. On July 1, 2011, the Company acquired 31 franchise salon locations through its acquisition of a 60% ownership interest in Roosters MGC International LLC (Roosters). In October 2012, it sold its ownership interest in Provalliance. In April 2013, the Company sold its interest in Hair Club for Men and Women.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in Regis Corporation. It is not possible to confidently invest in a company that is not currently profitable.
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