Regis takes additional action to mitigate covid-19 impact

Regis takes additional action to mitigate covid-19 impact.regis corp - effective immediately, regis has temporarily closed all of its corporate owned salons for a period of at least two weeks.regis corp - an insignificant number of company's franchise locations remain operational at this time.regis corp - implementing a furlough program which impacts a substantial majority of its workforce representing about 485 positions.regis corp - furlough program is effective as of april 5, 2020.regis corp - furlough program is anticipated to last no less than 30 days.regis corp - regis will pay employee portion of benefits premiums during furlough period if employee has coverage under regis sponsored benefits plans.regis corp - implemented tiered temporary wage reductions for ceo (60% reduction).regis corp - implemented temporary wage reductions for vice presidents and above (30% reduction).regis - implemented temporary wage reductions for 20% for substantially all other employees who will be working full time during period of furlough.regis corp - board is waiving their fees during furlough period.
RGS Ratings Summary
RGS Quant Ranking