RCI HOSPITALITY HLD. overview

RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today announced closing on the acquisition of Platinum West Gentlemen’s Club in West Columbia, South Carolina, the only upscale adult nightclub in the central part of the state. The purchase price totaled $8.0 million, consisting of $3.75 million cash and $2.5 million seller financing at 7% for the club, and $1.75 million cash for associated real estate. The purchase price is in line with RCI’s acquisition valuation target of 3-5x annualized...

RCI Hospitality Holdings, Inc. (Nasdaq: RICK) reported club and restaurant sales for the fiscal second quarter ended March 31, 2025. Sales do not include non-core operations and are subject to final closing. Full 2Q25 financial results are expected to be reported by May 12, 2025. Eric Langan, President & CEO of RCI, commented: “Due to bad weather in January and February, 18 clubs and Bombshells had to close 1 or 2 days each. Even if they were able to open, a number of those and other locations...

RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced today it has declared a quarterly cash dividend of $0.07 per common share for the fiscal 2025 second quarter ending March 31, 2025. The 2Q25 dividend is payable March 31, 2025 to holders of record at the close of business March 17, 2025. This marks RCI’s 37th consecutive quarter of paying cash dividends since they were initiated in the fiscal 2016 second quarter. About RCI Hospitality Holdings, Inc. (Nasdaq: RICK) (X: @RCIHHinc ) With...

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 EPS 1 $0.80 $0.87 Other gains, net $(2.2) $0.0 Net cash provided by operating activities $13.3 $13.6 Free cash flow 1 $12.1 $12.7 Net income attributable to RCIHH common stockholders $9.0 $7.2 Adjusted EBITDA 1 $15.7...

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 , and Mark Moran of Equity Animal Call link: https://twitter.com/i/spaces/1zqKVjQVzjLKB (X log in required) Presentation link:...

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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250122852659/en/...

RCI Announces Acquisition of Metro Detroit's Flight Club PR Newswire HOUSTON, Jan. 22, 2025 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 financing at...

RCI's Favoritely.com Social Media Site Successful in First Phase of Beta Rollout PR Newswire HOUSTON, Jan. 16, 2025 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. Favoritely.com enables entertainers to direct message their fans, sell them photos and videos, and—unique to...