Exhibit No. 99
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CONTACT: REGIS CORPORATION: 
Mark Fosland – SVP, Finance and Investor
 
Relations, 952-806-1707

For Immediate Release


REGIS REPORTS SECOND QUARTER 2017 RESULTS

MINNEAPOLIS, February 3, 2017 -- Regis Corporation (NYSE: RGS), a leader in the haircare industry, whose primary business is owning, operating and franchising hair salons, today reported results for its second fiscal quarter ended December 31, 2016 versus the prior year as noted below.

As a result of the Company's valuation allowance against most of its deferred tax assets, associated reported and, as adjusted, after-tax results of operations are not comparable to prior periods.

Sales of $424.0 million, a decline of $26.4 million. Same-store sales decreased 3.6% with same-store service sales decreasing 2.8% and same-store product sales decreasing 6.7%.
The Company estimates the shift of Christmas from Friday last year to Sunday this year negatively impacted same-store sales by 120 basis points in the quarter.
Same-store sales for Value concepts (excluding MasterCuts) declined 2.5%.
1.2% decrease after adjusting for the Christmas shift.
Same-store sales for mall concepts (Premium and MasterCuts) declined 7.0%.
5.8% decrease after adjusting for the Christmas shift.
Franchisees posted positive same-store sales in the quarter.
Reported G&A declined $6.7 million and adjusted G&A declined $5.3 million.
Operating loss of $0.8 million compared to $2.9 million in the prior year quarter.
Net loss of $2.2 million or $0.05 per diluted share.
Includes ($0.02) per diluted share unfavorable impact due to the deferred tax valuation allowance on income tax expense.
EBITDA, as adjusted, of $17.4 million compared to $17.2 million in the prior year quarter.
Decrease of ($6.2) million from same-store sales declines.
Increase of $6.4 million mainly from lapping certain costs in the prior year quarter, cost savings, lower self-insurance reserves, timing and reduced salon counts, partly offset by minimum wage and inflation, stylist productivity, royalties and fees, and planned strategic investments.
Year-to-date EBITDA, as adjusted, of $41.5 million compared to $40.3 million in the prior year.

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The following information was filed by Regis Corp (RGS) on Friday, February 3, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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