<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE REGIS CORPORATION CONSOLIDATED FINANCIAL STATEMENTS AS OF AND FOR THE PERIOD ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-START> JUL-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 9,162 <SECURITIES> 0 <RECEIVABLES> 12,106 <ALLOWANCES> 78 <INVENTORY> 58,465 <CURRENT-ASSETS> 93,686 <PP&E> 339,608 <DEPRECIATION> 148,056 <TOTAL-ASSETS> 421,616 <CURRENT-LIABILITIES> 86,667 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,197 <OTHER-SE> 207,418 <TOTAL-LIABILITY-AND-EQUITY> 421,616 <SALES> 125,064 <TOTAL-REVENUES> 441,367 <CGS> 66,934 <TOTAL-COSTS> 349,658 <OTHER-EXPENSES> 9,934<F1> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,483 <INCOME-PRETAX> 27,992 <INCOME-TAX> 11,110 <INCOME-CONTINUING> 16,882 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 16,882 <EPS-PRIMARY> 0.71 <EPS-DILUTED> 0.69<F2> <FN> <F1>Includes nonrecurring year 2000 remediation costs of $2,891. <F2>Excluding nonrecurring items, diluted EPS would have been $.76. </FN>