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RCI Hospitality was exceptionally rewarding from 2020 to 2023. It then faced significant challenges from 2023 to 2025. I think that the next years could be highly rewarding again.
HOUSTON--(BUSINESS WIRE)--RCI Hospitality Holdings, Inc. (Nasdaq: RICK) reported club and restaurant sales for the fiscal third quarter ended June 30, 2025. Sales do not include non-core operations and are subject to final closing. Full 3Q25 financial results are expected to be reported by August 11, 2025. Eric Langan, President and CEO of RCI, commented: “Total Nightclubs sales remained fairly steady year-over-year, and with the recent change in management, total Bombshells sales increased seq.
LUBBOCK, Texas--(BUSINESS WIRE)--RCI Hospitality Holdings, Inc. (Nasdaq: RICK) is proud to announce the opening today through a subsidiary of a Bombshells Restaurant & Bar in Lubbock, TX, at the mid-point of the professional baseball season and in time for the college and professional football seasons. Staffed by a team of more than 110, including 60 servers, 15 bartenders, and 10 hosts, the 8,500 square foot Bombshells with a 3,200 square foot covered patio is near the intersection of Milw.
CENTRAL CITY, Colo.--(BUSINESS WIRE)--RCI Hospitality Holdings, Inc. (Nasdaq: RICK) proudly announces the opening tonight at 6 p.m. of Rick's Cabaret & Steakhouse in the heart of Central City's celebrated historic district. The three-story venue brings a new era of Las Vegas-style nightlife and fine dining to the Central City-Black Hawk gaming area. The newly restored building at 130 Main Street, within the federally designated Central City-Black Hawk Historic District, has been carefully r.
HOUSTON--(BUSINESS WIRE)--RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today announced closing on the acquisition of the upscale Platinum Plus Gentlemen's Club in Allentown, PA, minutes away by car from the airport in Allentown and the casino in Bethlehem. The purchase price totaled $2.0 million, consisting of $1.5 million cash and $0.5 million seller financing at 7% for the club. The purchase price is in line with RCI's acquisition valuation target of 3-5x annualized adjusted EBITDA for a clu.
RCI Hospitality Holdings, Inc. (NASDAQ:RICK ) Q2 2025 Earnings Conference Call May 12, 2025 4:30 PM ET Company Participants Mark Moran - IR, Equity Animal Eric Langan - President & CEO Bradley Chhay - CFO Conference Call Participants Adam Wyden - ADW Capital Mark Moran Greetings, and welcome to RCI Hospitality Holdings Second Quarter 2025 Earnings Conference Call. You can find the company's presentation on RCI's website.
HOUSTON--(BUSINESS WIRE)--RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today reported results for the fiscal 2025 second quarter ended March 31, 2025. The Company also filed its Form 10-Q today. Summary Financials (in millions, except EPS) 2Q25 2Q24 6M25 6M24 Total revenues $65.9 $72.3 $137.4 $146.2 EPS $0.36 $0.08 $1.38 $0.85 Non-GAAP EPS1 $0.65 $0.90 $1.46 $1.76 Impairments and other charges (gains), net $2.1 $8.2 $(0.1) $8.2 Net cash provided by operating activities $8.5 $10.8 $21.9 $24.5.
HOUSTON--(BUSINESS WIRE)--RCI Hospitality Holdings, Inc. (Nasdaq: RICK) plans to file its 10-Q and report financial results for the fiscal 2025 second quarter ended March 31, 2025 after the market closes on Monday, May 12. 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, and Mark Moran of Equity Animal Call link: https://twitter.com/i/spaces/1djGXVvkXgkxZ (X log in required.
We are likely headed into a recession. Cyclical stocks have sold off significantly. Some of them are now deeply undervalued and could present significant upside potential in a future recovery.
HOUSTON--(BUSINESS WIRE)--RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced continued success beta testing Favoritely.com, with the social media site now rolled out to management, entertainers and staff at about a third of all of RCI's adult nightclubs. “The needle is definitely moving in the right direction,” said RCI President and CEO Eric Langan. “Teams at more clubs are getting behind Favoritely. Site purchases are happening every day. Favoritely is beginning to draw new customers to.