RICK Stock Recent News

RCI Hospitality's (RICK) fiscal fourth-quarter top line reflects acquisition benefits partially offset by the effects of vacation travel and the Texas heat.

RCI Hospitality CEO Eric Langan on consumer spending, capital allocation, and getting into the casino business.

RCI's sales multiple has fallen to trade close to a 3-year low as market fears around flagging same-store sales drive underperformance. The company recorded a beat on revenue for its recent fiscal 2023 third quarter, but operating margins continue to experience pressure. RCI's expansion of the lower-margin Bombshells is driving a broad repricing of its overall risk profile.

RCI Hospitality (RICK) came out with quarterly earnings of $0.96 per share, missing the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $1.60 per share a year ago.

RCI Hospitality crashed 10% after presenting disappointing preliminary results. The company saw same-store sales drop by 9.6% and spooked the market about the consumer's spending habits. RICK is positioned to benefit from a downturn as the preferred buyer of clubs in the market.

RCI Hospitality (RICK) fiscal third-quarter same store sales hurt by macroeconomic uncertainty.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

RCI Hospitality (RICK) came out with quarterly earnings of $1.30 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.19 per share a year ago.

Investors need to pay close attention to RCI Hospitality (RICK) stock based on the movements in the options market lately.

APG, DTEGY and RICK made it to the Zacks Rank #1 (Strong Buy) growth stocks list on April 12, 2023.