SEGMENT INFORMATION (Tables)

9 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Summarized Financial Information of Reportable Operating Segments

Financial information concerning the Company's reportable operating segments is shown in the tables below.

	Three Months Ended March 31, 2026						Nine Months Ended March 31, 2026
	(Dollars in thousands)						(Dollars in thousands)
	Franchise		Company-owned		Total		Franchise		Company-owned		Total
Total revenue	$	33,306	$	19,101	$	52,407	$	109,982	$	58,500	$	168,482
Expenses (1)
General and administrative	$	8,626	$	1,349			$	28,017	$	3,573
Rent	894		2,728				2,234		8,209
Other expenses (2)	18,221		—				63,683		—
Company-owned salon expense	—		13,958				—		42,453
Depreciation and amortization	196		718				610		1,868
Operating income	$	5,369	$	348	$	5,717	$	15,438	$	2,397	$	17,835
Unallocated expense, net					(4,982)						(15,288)
Total net income					$	735					$	2,547

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(1)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown.

(2)Other expenses include advertising fund and franchise rent expenses which are offset in total revenue and, as such, not used as a primary measure of performance by our CODM.

	Three Months Ended March 31, 2025						Nine Months Ended March 31, 2025
	(Dollars in thousands)						(Dollars in thousands)
	Franchise		Company-owned		Total		Franchise		Company-owned		Total
Total revenue	$	38,004	$	18,953	$	56,957	$	126,548	$	23,188	$	149,736
Expenses (1)
General and administrative	$	9,863	$	1,372			$	33,644	$	2,780
Rent	962		3,096				3,198		4,073
Other expenses (2)	22,069		—				74,858		—
Company-owned salon expense	—		13,835				—		16,534
Depreciation and amortization	270		469				938		707
Long-lived asset impairment	—		—				352		—
Operating income (loss)	$	4,840	$	181	$	5,021	$	13,558	$	(906)	$	12,652
Unallocated expenses, net					(4,771)						(5,610)
Total net income					$	250					$	7,042

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(1)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown.

(2)Other expenses include advertising fund and franchise rent expenses which are offset in total revenue and, as such, not used as a primary measure of performance by our CODM.

Schedule of Reportable Operating Segment Salons

Segment information is prepared on the same basis that the CODM reviews financial information for operational decision-making purposes. The Company's reportable operating segments consisted of the following salons:

	March 31, 2026		June 30, 2025
FRANCHISE SALONS:
Supercuts	1,648		1,711
SmartStyle/Cost Cutters in Walmart stores	998		1,049
Portfolio Brands	779		816
Total North American salons	3,425		3,576
Total International salons (1)	72		71
Total franchise salons	3,497		3,647
as a percent of total franchise and company-owned salons	92.8	%	92.5	%
COMPANY-OWNED SALONS:
Supercuts	96		100
Portfolio Brands	177		194
Total company-owned salons	273		294
as a percent of total franchise and company-owned salons	7.2	%	7.5	%
Total franchise and company-owned salons	3,770		3,941

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(1)Canadian and Puerto Rican salons are included in the North American salon totals.