RCI Hospitality

RCI Hospitality Holdings, Inc. engages in entertainment and bar operations. It operates through the following segments: Nightclubs, Bombshells, and Other. The Nightclubs segment includes adult entertainment nightclubs and dance clubs. The Bombshells segment is involved in restaurant and bar operations with decor that pays homage to all branches of the U.S. military. The Other segment includes wholly-owned subsidiaries composed primarily of Media Group and Drink Robust. The firm has clubs in New York City, Chicago, Dallas-Fort Worth, Houston, Miami, Minneapolis, Denver, St. Louis, Charlotte, Pittsburgh, Raleigh, Louisville, and other markets operating under brand names such as Rick's Cabaret, XTC, Club Onyx, Vivid Cabaret, Jaguars Club, Tootsie's Cabaret, and Scarlett's Cabaret. The company was founded by Robert L. Watters in 1983 and is headquartered in Houston, TX.

Earnings data Q1 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

RCI Hospitality reports solid Q1 results, eyes strategic growth

RCI Hospitality's Q1 2023 performance was solid, driven by strong results in the Nightclub segment and a focus on strategic acquisitions.
While facing challenges in the Bombshells segment, the company's financial position remains strong with a clear capital allocation strategy.
Opportunities for growth lie in collaborations with influencers, casino expansion, and strategic acquisitions, positioning RCI Hospitality for future success.

RCI Hospitality reports robust Q2 earnings, eyes sports betting expansion

RCI Hospitality (RICK) delivered robust Q2 2023 results with revenue growth, improved margins, and strong cash flow generation. The company's strategic initiatives at Bombshells and focus on service revenues position it for continued success.
While facing challenges like legal expenses and monitoring nightclub trends, RCI Hospitality is poised to capitalize on opportunities in sports betting expansion, new casino locations, and property ownership. The company's commitment to quality and growth underpins its investment strategies.
Investors should note RCI Hospitality's solid financial performance, expansion plans, and emphasis on conservative estimates for sustainable growth. The company's proactive approach to driving foot traffic, improving margins, and engaging with stakeholders bodes well for future prospects.
RCI Hospitality's strong financials, focus on acquisitions, and strategic investments in construction projects highlight a growth-oriented approach. With a clear vision for growth and a strong operational foundation, the company is well-positioned for future success.

RCI Hospitality reports record Q3 revenues, eyes strategic growth

RCI Hospitality delivered strong financial results in Q3 despite challenges in certain segments, showcasing resilience and potential for growth.
The company's solid liquidity position and stable debt metrics provide a strong foundation for future investments and acquisitions.
Strategic focus on digital platforms, new casino ventures, and potential acquisitions positions RCI Hospitality for future growth and market expansion.
While facing operational challenges and market uncertainties, RCI Hospitality remains optimistic about its growth prospects and financial stability.

RCI Hospitality reports revenue growth amidst challenges, eyes strategic partnerships

RCI Hospitality's Q4 2023 performance reflects revenue growth from acquisitions but challenges from same-store sales decline, with a focus on margin improvements.
Strengths lie in successful growth initiatives, strategic capital allocation, and plans for margin enhancement through high-margin revenue streams.
Challenges include margin impacts, geographic sales variations, and competition, while opportunities exist in partnerships, expansions, and profitability improvements.
Overall, RCI Hospitality remains optimistic about future prospects, emphasizing financial discipline, operational enhancements, and strategic growth initiatives.

RCI Hospitality reports Q1 revenue growth amidst operational challenges

RCI Hospitality's Q1 performance reflects revenue growth amidst challenges like same-store sales decline. Strategic initiatives and future goals aim to drive profitability and enhance shareholder value.
Opportunities in partnerships, revenue models, and operational enhancements present avenues for growth. Addressing challenges through cost-cutting measures and strategic reviews is crucial for sustained success.
With a focus on innovation, growth potential, and margin improvements, RCI Hospitality navigates challenges to position itself for enhanced performance and profitability in the future.

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RCI Hospitality Holdings, Inc. engages in the provision of live adult entertainment and dining experiences. It operates through the following segments: Nightclubs and Bombshells. The Nightclubs segment includes adult entertainment. The Bombshells segment involves the operation of restaurants and bars. The company was founded by Robert L. Watters in 1983 and is headquartered in Houston, TX.

Strong sales from its nightclubs (+56% YoY) and Bombshells (+17% YoY) have resulted in strong growth in Operating Profit. This led to margin expansion. Free Cash Flow (“FCF”) grew 80% YoY, resulting in a higher margin than a year ago. FCF per share grew 72% YoY to $2.80.

RCI Hospitality: Continued Strong Recovery From Covid

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RCI Hospitality Holdings, Inc. (NASDAQ:RICK ) Q2 2022 Earnings Conference Call May 9, 2022 4:30 PM ET Company Participants Mark Moran - Head, Business Development & Operations, Litquidity Eric Langan - President & Chief Executive Officer Bradley Chhay - Chief Financial Officer Conference Call Participants Joe Gomes - Noble Capital Markets Anthony Lebiedzinski - Sidoti & Company Adam Wyden - ADW Capital Mark Moran Good afternoon, ladies and gentlemen. Greetings, and welcome to RCI Hospitality Holdings Second Quarter Earnings Call.

RCI Hospitality Holdings, Inc. (RICK) CEO Eric Langan on Q2 2022 Results - Earnings Call Transcript

RCI Hospitality (RICK) delivered earnings and revenue surprises of -2.46% and 0.98%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

RCI Hospitality (RICK) Q2 Earnings and Revenues Lag Estimates

First Company to Use Twitter Spaces for Earnings Call – Today at 4:30 PM ET HOUSTON , May 9, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today reported results and filed its Form 10-Q for the fiscal 2022 second quarter and six months ended March 31, 2022.   Summary Financials 2Q22 Change YoY 6M22 Change YoY Total Revenues $63.7M +44.6% $125.5M +52.2% EPS $1.15 +69.1% $2.28 +30.3% Non-GAAP EPS* $1.19 +58.0% $2.29 +100.1% Net Cash from Operating Activities $11.6M +5.7% $27.9M +61.6% Free Cash Flow* $11.1M +23.3% $26.3M +79.8% Net Income Attributable to RCIHH Common Stockholders $11.0M +79.8% $21.5M +36.8% Adjusted EBITDA* $19.9M +46.8% $37.9M +70.2% Diluted Shares 9.489M +5.4% 9.448M +4.9% *See "Non-GAAP Financial Measures" below.

RCI Reports 2Q22 Results: Total Revenues $63.7M, GAAP EPS $1.15, Non-GAAP EPS $1.19

In 2016, RCI changed its capital allocation strategy and is now an attractive investment. RCI is leveraging technologies to enhance an old industry.

RCI Hospitality: You Can Teach An Old Dog New Tricks

HOUSTON , May 5, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced it will hold its 2Q22 conference call on Twitter Spaces on Monday, May 9 th, at 4:30 PM ET, becoming the first publicly traded company to use Twitter's audio platform for an earnings conference call. After the market closes and before the call, RCI plans to issue its earnings news release and file its 10-Q for the quarter ended March 31 st.

RCI 2Q22 Call on Twitter Spaces on Monday, May 9th; First to Use Twitter's Audio Platform for an Earnings Call

HOUSTON , May 5, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today announced the signing of the second franchise development agreement for Bombshells Restaurant & Bar. Terms call for the opening of three locations over five years in Alabama, the first being in Huntsville.

RCI Announces Bombshells Franchise Agreement for the State of Alabama

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RCI Hospitality: A Meme Stock In The Making

MIAMI , May 4, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced that Scarlett's Cabaret Miami is opening the first of its kind Rick's Steakhouse and Lounge tonight, offering high-end dining along with a sophisticated upscale lounge, bringing the Rick's Cabaret New York steakhouse experience to South Florida. The 3,000 square foot Rick's Steakhouse and Lounge, which seats up to 150, is next to Scarlett's, located between Fort Lauderdale and Miami off the Hallandale Beach exit of I-95, the major-north south highway through Miami-Dade, Broward, and Palm Beach counties.

RCI Announces Opening of Rick's Steakhouse & Lounge at Scarlett's Cabaret Miami

RCI Hospitality (RICK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

RCI Hospitality (RICK) to Report Q2 Results: Wall Street Expects Earnings Growth

Will Be First Company to Use Twitter Spaces for Earnings Call HOUSTON , April 25, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced plans to be the first company to use Twitter's Spaces platform for its 2Q22 earnings conference call. RCI now becomes the first mover to embrace a new medium of corporate communication that the company hopes will increase informational access to current and prospective shareholders.

RCI to Hold 2Q22 Earnings Call on Twitter Spaces

HOUSTON , April 14, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today announced CEO Eric Langan and CFO Bradley Chhay will present and meet investors at Noble Capital Markets' 18th Annual Investor Conference on Wednesday and Thursday, April 20 and 21, at the Hard Rock Hotel & Casino, Hollywood, FL. RCI's presentation is scheduled for April 20 at 2 PM ET.

RCI to Participate in Noble Capital Markets Conference on April 20-21, 2022

HOUSTON, April 12, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) reported sales for its Nightclubs and Bombshells restaurants for the fiscal 2022 second quarter ended March 31, 2022. Sales do not include non-core operations and are preliminary and subject to final closing.

RCI Reports 2Q22 Club and Restaurant Sales; Strong Performance Continuing

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RCI Hospitality: My Mea Culpa Moment - I Was Wrong About The Stock

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In Q1'22, RCI's business segment of Nightclub rebounded strongly (+85% YoY) and operating profit margins improved to 40%.

RCI Hospitality: A Strong Covid-19 Recovery Play

HOUSTON, Feb. 28, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced today it has increased its quarterly cash dividend by 25%, to $0.05 per share from $0.04, for the Fiscal 2022 second quarter ending March 31, 2022. The dividend establishes a new annualized rate of $0.20 per share and marks RCI's 25th consecutive quarterly cash dividend.

RCI Increases Quarterly Cash Dividend 25%

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RCI operates two business segments - nightclubs and Bombshell, a military-themed sports bar & restaurant, and both segments are extremely lucrative that produce lots of cash for the company.

RCI Hospitality: Dominating The Nightclub Industry And Building A Nationally Franchised Chain

RCI Hospitality (RICK) delivered earnings and revenue surprises of 3.77% and 0.72%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

RCI Hospitality (RICK) Q1 Earnings and Revenues Beat Estimates

RCI Hospitality Holdings, Inc.'s (RICK) CEO Eric Langan on Q1 2022 Results - Earnings Call Transcript

HOUSTON, Feb. 9, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today reported results for the fiscal 2022 first quarter ended December 31, 2021, and filed its Form 10-Q.   Highlights 1Q22 vs.

RCI Reports 1Q22 Results

HOUSTON, Feb. 7, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) plans to file its 10-Q and report financial results for its fiscal 2022 first quarter ended December 31, 2021, after the market closes on Wednesday, February 9. The company plans to hold a related conference call at 4:30 PM ET.

News for RCI Hospitality Stock (RICK)