RCI Hospitality Holdings, Inc. Stock News

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...

HOUSTON , Jan. 22, 2025 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today announced closing on the acquisition of Flight Club, the premier gentlemen's club in the Detroit market, 5 miles from Detroit Metro Airport and 20 miles from downtown, casinos and major sports venues. The purchase price totaled $11.0 million, consisting of $3.0 million cash and $5.0 million seller financ...

HOUSTON , Jan. 16, 2025 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced a successful first phase beta rollout of the Favoritely.com social media site for adult nightclub entertainers and their fans. The site is now being introduced to more clubs.

RCI Hospitality's new "Back-to-Basics" strategy focuses on improving performance, divesting underperforming Bombshells locations, and refocusing on the primary club acquisition strategy and share buybacks. Recent performance has shown a return to comparable growth in nightclubs, but the remaining Bombshells have continued to lag in sales. With RCI Hospitality's financial targets, including $400...