HOUSTON, Jan. 8, 2025 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) reported club and restaurant sales for the fiscal first quarter ended December 31, 2024. Sales do not include non-core operations and are subject to final closing. Full 1Q25 financial results are expected to be reported by February 10, 2025.
Eric Langan, President & CEO of RCI, commented: "We're pleased to report that Nightclubs same-store sales increased year-over-year for the third quarter in a row. The decline in total Bombshells sales primarily reflected the previously announced divestiture and closing of underperforming locations."
HOUSTON, Dec. 16, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today reported results for the fiscal 2024 fourth quarter and year ended September 30, 2024. The company also filed its Form 10-K today and announced details of its "Back to Basics" Five-Year Capital Allocation Plan.
Summary Financials (in millions except EPS)
4Q24
4Q23
FY24
FY23
Total revenues
$73.2
$75.3
$295.6
$293.8
EPS
$0.03
$0.23
$0.33
$3.13
Non-GAAP EPS1
$1.63
$1.11
$4.72
$4.90
Impairments and other charges, net
$10.1
$9.9
$36.6
$15.6
Net cash provided by operating activities
$15.7
$12.1
$55.9
$59.1
Free cash flow1
$13.2
$11.1
$48.4
$53.2
Net income attributable to RCIHH common stockholders
$0.2
$2.2
$3.0
$29.2
Adjusted EBITDA1
$17.9
$20.2
$72.6
$85.0
Weighted average shares used in computing EPS – basic and diluted
9.01
9.42
9.25
9.34
1 See "Non-GAAP Financial Measures" below
HOUSTON, Dec. 12, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) plans to file its 10-K and report financial results for the fiscal 2024 fourth quarter and year ended September 30, 2024 after the market closes on Monday, December 16. The company will hold a related conference call on X Spaces at 4:30 PM ET.
X Spaces Call & Slides
Hosted by RCI President & CEO Eric Langan, CFO Bradley Chhay, and Mark Moran of Equity AnimalCall link: https://x.com/i/spaces/1DXGydpRRRLKM (X log in required)Presentation link: https://www.rcihospitality.com/investor-relations/To ask questions during Q&A: Participants must join the X Space using a mobile deviceTo listen only: Participants can access the X Space from a computerHOUSTON, Dec. 4, 2024 /PRNewswire/ -- 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 first quarter ending December 31, 2024. The 1Q25 dividend is payable December 30, 2024 to holders of record at the close of business December 16, 2024. This marks RCI's 36th consecutive quarter of paying cash dividends since they were initiated in the fiscal 2Q16 second quarter.
HOUSTON, Nov. 8, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced Bombshells Restaurant & Bar locations in Houston, Dallas, Austin and San Antonio will provide a free entree for veterans on Veterans Day, Monday, November 11, 2024. Other items will be discounted 20% for veterans. Hours are 11AM to 2AM daily for lunch, dinner, and late night.
Families accompanying veterans, and active service members and their accompanying families, will receive a 20% discount on entrees and other items on Veterans Day. The Veterans Day free offer and discount excludes alcoholic beverages and are not eligible for rain checks, gift cards, or take-out.
HOUSTON, Nov. 5, 2024 /PRNewswire/ -- As part of its aggressive actions to improve the performance of the Bombshells segment, RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced the decision to permanently close two underperforming leased locations and sell a third. The company said that Bombshells Spring at 21005 Interstate 45 N, Spring, TX, and Bombshells Houston-South at 12810 Gulf Freeway, Houston, TX have been closed and that there are plans to sell Bombshells Austin at 15119 N Interstate Hwy 35, Pflugerville, TX. RCI said it will disclose related financial details when it reports fourth quarter and year end results which are expected by December 16, 2024.
HOUSTON, Oct. 8, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) reported club and restaurant sales for the fiscal fourth quarter and year ended September 30, 2024. Sales do not include non-core operations and are subject to final closing. Full 4Q24 and fiscal 2024 financial results are expected by December 16, 2024. The company also reported 4Q24 and FY24 share buybacks.
HOUSTON, Sept. 9, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced it will be featured as a presenting company at the H.C. Wainwright 26th Annual Global Investment Conference Monday-Wednesday this week in New York City.
The conference is being held at the Lotte New York Palace Hotel at 455 Madison Avenue. Virtual participation will be staged simultaneously with more than 550 company presentations scheduled as live feed or available on-demand.
HOUSTON, Sept. 3, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced today that it has increased its quarterly cash dividend by 16.7%, to $0.07 per common share from $0.06, for the fiscal 2024 fourth quarter ending September 30, 2024. The 4Q24 dividend is payable on September 30, 2024, to holders of record at the close of business on September 16, 2024.
About RCI Hospitality Holdings, Inc. (Nasdaq: RICK) (X: @RCIHHinc)
HOUSTON, Aug. 28, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced two clubs and a club general manager won top awards at the Annual Gentlemen's Club EXPO last night in Dallas.
Scarlett's Cabaret Miami was named "Overall Club of the Year"Country Rock Cabaret St. Louis was named "Small Club of the Year" in the Midwest RegionHeidi Santanello of Diamond Cabaret St. Louis was named "General Manager of the Year"
HOUSTON, Aug. 8, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today reported results for the fiscal 2024 third quarter ended June 30, 2024. The company also filed its Form 10-Q today.
Summary Financials (in millions except EPS)
3Q24
3Q23
9M24
9M23
Total revenues
$76.2
$77.1
$222.4
$218.5
EPS
$(0.56)
$0.96
$0.30
$2.91
Non-GAAP EPS1
$1.35
$1.30
$3.11
$3.80
Other charges, net
$18.3
$2.6
$26.5
$5.7
Net cash provided by operating activities
$15.8
$15.3
$40.2
$47.0
Free cash flow1
$13.8
$14.3
$35.3
$42.1
Net income (loss) attributable to RCIHH common stockholders
$(5.2)
$9.1
$2.8
$27.1
Adjusted EBITDA1
$20.1
$22.7
$54.8
$64.8
Weighted average shares used in computing EPS – basic and diluted
9.28
9.43
9.33
9.31
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