Exhibit 99

For Immediate Release

REGIS REPORTS FIRST QUARTER 2013 RESULTS

- 1Q13 GAAP net income of $28.5 million, or $0.45 per share -

- 1Q13 operational diluted earnings per share of $0.08-

MINNEAPOLIS, October 25, 2012 — Regis Corporation (NYSE:RGS), the global leader in the $160 billion haircare industry, today reported first quarter net income of $0.45 per share. These results include a net non-operational after-tax benefit of $24.2 million, primarily related to the release of cumulative foreign currency translation rate gains primarily related to the sale of our ownership interest in Provalliance.  Excluding non-operational items, first quarter operational earnings decreased to $0.08 per diluted share from $0.22 in the year-earlier quarter.  All fiscal 2012 results have been restated to exclude amounts related to our hair restoration segment which is now presented in discontinued operations.  During the quarter the hair restoration segment generated earnings of $0.07 per share.  Sales totaled $505.4 million versus $531.3 million in the 2012 first quarter.

Same-store sales declined 3.1 percent and service margins decreased 230 basis points in the quarter.  These two items were the primary drivers of the year-over-year earnings decline.

“First quarter results are indicative of the necessary re-engineering that needs to take place and this change is just beginning,” said Dan Hanrahan, President and Chief Executive Officer.  “Service margins declined due to an increase in salon labor costs.  In the past, Regis has consistently reduced stylist hours to offset declining customer counts.  Today, our entire organization is focused on staffing and optimizing our salon schedules.  Sales volumes cannot improve if we continue to reduce stylist hours in our salons.”

Mr. Hanrahan concluded, “We are committed to improving the salon experience for our guests, hiring and retaining the best stylists, continuing our efforts to simplify our operating model and effectively leveraging our scale.  There is a significant opportunity to improve our financial performance.”

FISCAL 2013 FIRST QUARTER FINANCIAL HIGHLIGHTS

Consolidated Highlights

·                  Sales of $505.4 million, down 4.9% from $531.3 million in the first quarter of fiscal 2012.

·                  Same-store sales declined 3.1%.

·                  Same-store transaction counts for our salon businesses declined 2.3% in the first quarter of fiscal 2013.

·                  Gross margin decreased 230 basis points to 42.4% of sales from 44.7% in the first quarter of fiscal 2012.

·                  Operational operating margins declined 210 basis points to 1.8% of sales from 3.9% in the first quarter of fiscal 2012.

·                  Operational net income of $4.3 million decreased 66.4%, from $12.9 million in the first quarter of fiscal 2012.

·                  Operational diluted earnings per share of $0.08 decreased 65.3%, from $0.22 in the first quarter of fiscal 2012.

·                  Operational EBITDA of $30.4 million decreased 30.7%, from $43.9 million in the first quarter of fiscal 2012.

·                  Net store base decreased by 2,602 units in the first quarter for a total store count of 10,045 at September 30, 2012.  The decrease was primarily due to the sale of our ownership interest in Provalliance which closed during the quarter.

·                  The reported income tax rate was 11.0%, which includes the impact of the net non-operational benefit. The operational income tax rate was 40.8%.

·                  Total cash at September 30, 2012 grew to $222.5 million, an increase of $110.5 million since June 30, 2012.

·                  Total debt at September 30, 2012 decreased to $280.1 million, a decline of $7.6 million since June 30, 2012.

Segment Results:

North America Salons

Revenues: First quarter fiscal 2013 revenues were $473.9 million, a decrease of 4.8% from the fiscal 2012 first quarter. Service revenues were $369.7 million, a decrease of 5.3% compared to the same period a year ago. Same-store service sales for the quarter declined 3.0%. Same-store service guest counts declined 2.1% and average ticket declined 0.9%. Product revenues were $94.5 million, a decrease of 3.7%. Product same-store sales declined 2.7%.

Service Margins: Service margin rate for the first quarter of fiscal 2013 was 40.4%, a decline of 250 basis points from the first quarter of fiscal 2012.  As discussed above, the decline in service margins was primarily related to an increase in salon labor costs.

Product Margins: Product margin rate for the first quarter of fiscal 2013 was 48.1%, a decline of 250 basis points compared to the first quarter of fiscal 2012. The decline in product margins was driven by a sales incentive program designed to motivate stylists to sell more products to their guests and a shift in the mix of sales to lower margin promotional items.

Site Operating Expense: Site operating expense was $49.6 million, or 10.5% of North American revenues which was $2.3 million lower than the first quarter of 2012.  The decrease in site operating expenses was driven by changes to our promotion strategy to more efficiently spend marketing dollars.

General and Administrative Expense: General and administrative expense was $31.7 million, or 6.7% of North American revenues, $1.0 million lower than the first quarter of fiscal 2012.

Rent Expense: Rent expense was $72.7 million, or 15.3% of North American revenue. This represented an increase of 60 basis points over the same period a year ago, primarily the result of negative leverage due to decreases in same-store sales.

Depreciation and Amortization Expense: Depreciation and amortization was $16.6 million, or 3.5% of North American revenues, flat with the first quarter of fiscal 2012.

Operating Margins: Operating margin was 7.2% of North American revenues, a decrease of 310 basis points compared to the first quarter of fiscal 2012.

International Salons

Revenues: First quarter fiscal 2013 revenues were $31.5 million, a decrease of 6.0% from the fiscal 2012 first quarter. Service revenues were $23.7 million, a decrease of 4.5% compared to the same period a year ago. Same-store service sales for the quarter declined 3.3%. Product revenues were $7.7 million, a decrease of 10.4%. Product same-store sales declined 8.9%.

Service Margins: Service margin rate for the first quarter of fiscal 2013 was 48.2%, a decline of 70 basis points over the first quarter of fiscal 2012. The decline in service margin was primarily driven by lower salon productivity due to reduced sales levels.

Product Margins: Product margin rate for the first quarter of fiscal 2013 was 47.6%, an improvement of 60 basis points compared to the fiscal 2012 first quarter. The increase in product margins resulted from an adjustment to the inventory obsolescence reserve.

Operating Margins: First quarter fiscal 2013 operating margin was $0.4 million, or 1.3% of International revenues, a decline of 80 basis points compared to the first quarter of fiscal 2012.

Corporate

General and Administrative Expense: First quarter fiscal 2013 GAAP general and administrative expense was $21.7 million, or 4.3% of consolidated revenues, which includes a non-operational benefit of $0.3 million. Operational general and administrative expense for the first quarter of fiscal 2013 was $22.0 million, or 4.4% of consolidated revenue, a decrease of 80 basis points over the first quarter of fiscal 2012. The decrease in this expense category reflects the cost-saving initiatives Regis put in place to become more effective and efficient in supporting salon operations.

Income Taxes

During the three months ended September 30, 2012, the Company recognized tax expense of $3.0 million with a corresponding effective tax rate of 11.0%. The Company’s operational tax rate of 40.8% came in 310 basis points higher than the prior year operational rate primarily due to the expiration of Work Opportunity Tax Credits on December 31, 2011.

Equity in Income of Affiliates

Income from equity method investments and affiliated companies was $0.6 million in the first quarter of fiscal 2013, which included a net non-operational charge of $2.0 million related to holding the Provalliance investment at the 80 million EUR purchase price. Operational income from equity method investments and affiliated companies was $2.6 million, a decrease of $1.2 million over the first quarter of 2012. The decrease in this category primarily relates to decreased earnings at Empire Education Group primarily due to lower student populations.

First Quarter Non-Operational Items

First quarter non-operational items, which netted to $24.2 million on an after-tax basis, consisted of the following items:

·                  Non-cash after-tax recognition of cumulative translation adjustment gain of $22.3 million primarily related to the sale of our ownership interest in Provalliance.

·                  Net non-cash after-tax expense of $2.0 million related to the Company’s 46.7% ownership interest in Provalliance.  The expense relates to holding the investment at the purchase price of 80 million Euro.

·                  After-tax benefit of $0.2 million related to the bad debt recovery associated with previously written-off note receivable with Pure Beauty.

·                  After-tax benefit of $3.8 million related to discontinued operations accounting treatment for our hair restoration segment.

A complete reconciliation of reported earnings to operational earnings is included in this press release and is available on the Company’s website at www.regiscorp.com.

Regis Corporation will host a conference call discussing first quarter results today, October 25, 2012, at 4 p.m., Central time. Interested parties are invited to listen by logging on to www.regiscorp.com or dialing 888-561-1721. A replay of the call will be available later that day. The replay phone number is 800-406-7325, access code 4570477#.

As of September 30, 2012, Regis Corporation owned, franchised, or held ownership interest in 10,045 worldwide locations.

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 September 30, 2012, the Company owned, franchised or held ownership interests in approximately 10,000 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. Regis maintains ownership interests in Empire Education Group in the U.S. and the MY Style concepts in Japan.  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. 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; the impact on the Company of healthcare reform legislation; 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 increases, 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, 2012. 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.

REGIS CORPORATION (NYSE: RGS)
CONSOLIDATED BALANCE SHEET
as of September 30, 2012 and June 30, 2012
(Dollars in thousands, except per share data)

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REGIS CORPORATION (NYSE: RGS)

CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited)

 (Dollars in thousands, except per share data)

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REGIS CORPORATION (NYSE: RGS)

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (Unaudited)

(Dollars in thousands)

REGIS CORPORATION (NYSE: RGS)
SELECTED CASH FLOW DATA (Unaudited)
(Dollars in thousands)

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REGIS CORPORATION (NYSE: RGS)

Salon and Hair Restoration Center Counts, Revenues and Same-Store Sales

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(1) Canadian and Puerto Rican salons are included in the Regis Salons, MasterCuts, SmartStyle, Supercuts, and Promenade concepts and not included in the International salon totals.

(2) Represents the acquisition of a franchise network.

(3) Hair Restoration Centers results of operations reported as discontinued operations for all periods presented.

Relocations represent a transfer of location by the same salon concept.

Conversions represent the transfer of one salon concept to another concept.

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REVENUES BY CONCEPT:

SAME-STORE SALES (1):

(1)  Same-store sales are calculated on a daily basis as the total change in sales for company-owned locations which were open on a specific day of the week during the current period and the corresponding prior period. Quarterly same-store sales are the sum of the same-store sales computed on a daily basis. Locations relocated within a one mile radius are included in same-store sales as they are considered to have been open in the prior period. International same-store sales are calculated in local currencies to remove foreign currency fluctuations from the calculation.

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FINANCIAL INFORMATION BY SEGMENT:

Financial information concerning the Company’s salon businesses is shown in the following tables.

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