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SEGMENT INFORMATION (Tables)
3 Months Ended
Sep. 30, 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 September 30, 2026
(Dollars in thousands)
FranchiseCompany-ownedTotal
Total revenue$35,391 $18,947 $54,338 
Expenses (1)
General and administrative$6,954 $3,723 
Rent817 2,493 
Other expenses (2)20,274 — 
Company-owned salon expense— 13,638 
Depreciation and amortization179 956 
Segment profit (loss)$7,167 $(1,863)$5,304 
Unallocated expenses, net(4,718)
Income from operations before income taxes$586 
_______________________________________________________________________________

(1)The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. 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 September 30, 2025
(Dollars in thousands)
FranchiseCompany-ownedTotal
Total revenue$38,747 $20,211 $58,958 
Expenses (1)
General and administrative$10,209 $1,142 
Rent430 2,793 
Other expenses (2)22,927 — 
Company-owned salon expense— 14,768 
Depreciation and amortization210 558 
Segment profit$4,971 $950 $5,921 
Unallocated expenses, net(4,029)
Income from operations before income taxes$1,892 
_______________________________________________________________________________

(1)The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. 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:
September 30,
2026
June 30,
2026
FRANCHISE SALONS:
Supercuts
1,622 1,634 
SmartStyle/Cost Cutters in Walmart stores
978 984 
Portfolio Brands
752 763 
Total North American salons
3,352 3,381 
Total International salons (1)
67 67 
Total franchise salons
3,419 3,448 
as a percent of total franchise and company-owned salons
93.0 %92.9 %
COMPANY-OWNED SALONS:
Supercuts
92 95 
Portfolio Brands
167 169 
Total company-owned salons
259 264 
as a percent of total franchise and company-owned salons
7.0 %7.1 %
Total franchise and company-owned salons
3,678 3,712 
_______________________________________________________________________________
(1)Canadian and Puerto Rican salons are included in the North American salon totals.