RCI Hospitality Holdings, Inc. Stock News

RCI Hospitality has dipped to trade at close to a record low multiple to sales. The company's 5-year plan aims to generate $250 million of cumulative free cash flow and buy back at least 1.42 million of its common shares. Bombshells are being optimized, with new capital spend in the segment is set to be muted. Free cash flow will be directed to grow the footprint of nightclubs.

RCI Hospitality Holdings, Inc.'s Q1 earnings showed mixed performance, with nightclub sales slightly up but Bombshell Restaurants dragging overall revenue down. The company is improving operational efficiency by closing underperforming restaurants, which should boost profitability in the long term. Despite a high debt-to-cash ratio, the RICK's interest coverage ratio of 3.3x suggests manageable...

Human vices like alcohol, tobacco, and sex persist; companies in these industries remain profitable and offer attractive dividends despite societal disapproval. The tobacco industry is in slow decline but still profitable; British American Tobacco, Altria, and Philip Morris offer high dividends and are transitioning to less harmful products. Alcohol consumption remains high despite narratives o...

RCI Hospitality Holdings, Inc. (RICK) Q1 2025 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today reported results for the fiscal 2025 first quarter ended December 31, 2024. The Company also filed its Form 10-Q today. Summary Financials (in millions, except EPS) 1Q25 1Q24 Total revenues $71.5 $73.9 EPS $1.01 $0.77 Non-GAAP EPS1 $0.80 $0.87 Other gains, net $(2.2) $0.0 Net cash provided by operating activities $13....

HOUSTON--(BUSINESS WIRE)--RCI Hospitality Holdings, Inc. (Nasdaq: RICK) plans to file its 10-Q and report financial results for the fiscal 2025 first quarter ended December 31, 2024 after the market closes on Monday, February 10. The company will hold a related conference call on X Spaces at 4:30 PM ET. X Spaces Call & Presentation Hosted by RCI President and CEO Eric Langan, CFO Bradley Chhay,...

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DENVER--(BUSINESS WIRE)--RCI Hospitality Holdings, Inc. (Nasdaq: RICK) is proud to announce the opening tomorrow of Bombshells Restaurant and Bar in Downtown Denver with plans for a grand opening in time for the February 9 professional football championship. Eric Langan, President and CEO of RCI Hospitality Holdings, Inc., will be at the new location on Friday to personally greet guests. With o...