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.

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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.

RCI Hospitality (RICK) delivered earnings and revenue surprises of 5.31% and 0.15%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

RCI Hospitality (RICK) Tops Q1 Earnings and Revenue Estimates

Twitter Spaces Conference Call at 4:30 PM ET Today; Meet Management at 7 PM ET Tonight HOUSTON , Feb. 9, 2023 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today reported results and filed its Form 10-Q for the fiscal 2023 first quarter ended December 31, 2022. Summary Financials    1Q23    Change YoY Total Revenues   $70.0M   +13.2 % EPS $1.11 -0.9 % Non-GAAP EPS* $1.19 +8.2 % Net Cash from Operating Activities   $14.9M   -8.4 % Free Cash Flow*   $13.0M   -14.6 % Net Income Attributable to RCIHH Common Stockholders   $10.2M   -3.2 % Adjusted EBITDA*   $20.5M   +13.9 % Weighted Average Number of Basic & Diluted Shares Outstanding   9.2M   -1.9 % * See "Non-GAAP Financial Measures" below.

RCI Reports 1Q23 Results: Total Revenues $70.0M, GAAP EPS $1.11, Non-GAAP EPS $1.19

RCI Hospitality is set for strong revenue growth this year with free cash flow likely set for another record year. The valuation could move higher as continued share buybacks get aggregated with its highly cash-generative operational gearing.

RCI Hospitality Should Perform Well In 2023

HOUSTON , Feb. 2, 2023 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) plans to file its 10-Q and report financial results for the fiscal 2023 first quarter after the market closes on Thursday, February 9. The company plans to hold a related conference call on Twitter Spaces at 4:30 PM ET.

RCI to Host 1Q23 Twitter Spaces Call & Meet Management in NYC on Thursday, Feb. 9

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) Earnings Expected to Grow: Should You Buy?

RCI Hospitality Holdings, Inc.'s strong execution has led to all-time high free cash flow and revenue. RCI Hospitality's 2 largest acquisitions, Lowrie and 5 Texas clubs, have been paid off by its share buybacks made in the last 4 years.

RCI Hospitality: Stellar Execution And An Attractive Valuation

HOUSTON , Jan. 10, 2023 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) reported sales for its Nightclubs and Bombshells restaurants of $69.2 million for the fiscal first quarter ended December 31, 2022, a 13.3% year-over-year increase. Sales do not include non-core operations and are preliminary and subject to final closing.

RCI Reports 1Q23 Club & Restaurant Sales

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RICK vs. CNK: Which Stock Is the Better Value Option?

The mean of analysts' price targets for RCI Hospitality (RICK) points to a 34.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Think RCI Hospitality (RICK) Could Surge 34.12%: Read This Before Placing a Bet

HOUSTON , Jan. 4, 2023 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced CEO Eric Langan and CFO Bradley Chhay will participate in the Granite Research Virtual Conference Series on January 11 and 12, 2023, starting at 10 AM ET on both days. Mr.

RCI to Participate in Granite Research Virtual Conference January 11-12, 2023

RCI Hospitality (RICK) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Growth Investors Will Love RCI Hospitality (RICK)

RCI Hospitality (RICK) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

RCI Hospitality (RICK) is on the Move, Here's Why the Trend Could be Sustainable

HOUSTON , Dec. 28, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced the grand opening, starting at 9 PM tonight and lasting to 5 AM, of the new "after hours" Jaguars Club in San Antonio, TX. The 10,000 square-foot BYOB adult nightclub, formerly the site of a Rick's Cabaret, has been extensively remodeled with new state of the art sound, lighting, video systems, main floor, and cabana seating.

RCI Announces Grand Opening of Jaguars Club in San Antonio, TX

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Stocks like Bowlero (BOWL), RCI Hospitality Holdings (RICK), Hilton Grand Vacations (HGV), Wyndham Hotels & Resorts (WH) and Hyatt Hotels (H) are set to gain as Americans regain their lost confidence.

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Millions of Americans plan to travel and stay at hotels during Christmas and New Year, which is likely to help stocks like Wyndham Hotels & Resorts, Inc. (WH), Hilton Grand Vacations Inc. (HGV), RCI Hospitality Holdings, Inc. (RICK) and Hyatt Hotels Corporation (H).

Buy 4 Stocks Set to Fly High on Christmas, New Year Travel

HOUSTON , Dec. 21, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced the acquisition of a food hall with a full service bar, brewery, and videogame arcade, as well as the associated real estate, in Greenwood Village, CO as part of RCI's expansion in the greater Denver area. Consideration paid was $5.2 million, consisting of $1.875 million in cash and a 5-year, 6.67% bank financing note with a 25-year amortization.

RCI Announces Acquisition of Denver Area Food Hall with Bar, Brewery & Videogame Arcade

The mean of analysts' price targets for RCI Hospitality (RICK) points to a 35.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Can RCI Hospitality (RICK) Climb 35% to Reach the Level Wall Street Analysts Expect?

HOUSTON , Dec. 19, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today announced the acquisition of an adult nightclub's assets in Fort Worth, TX, for $2.4 million in cash. The acquisition of the 2.6 acre property at 4920-5000 Mark IV Parkway includes all necessary licenses, an 8,800 square foot club, and a 7,400 square foot building leased to an existing tenant.

RCI Announces Acquisition of Adult Nightclub Assets in Fort Worth, TX

RCI Hospitality (RICK) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Recent Price Trend in RCI Hospitality (RICK) is Your Friend, Here's Why

RCI Hospitality Holdings, Inc. (NASDAQ:RICK ) Q4 2022 Earnings Conference Call December 14, 2022 4:30 PM ET Company Participants Mark Moran - CEO, Equity Animal Eric Langan - President and CEO Bradley Chhay - CFO Conference Call Participants Scott Buck - H.C. Wainwright Rob McGuire - Granite Research Anthony Lebiedzinski - Sidoti Lynne Collier - Water Tower Research Adam Wyden - ADW Capital Mark Moran Good afternoon to the earnings call that you all have been waiting for.

RCI Hospitality Holdings, Inc. (RICK) Q4 2022 Earnings Call Transcript

RCI Hospitality (RICK) delivered earnings and revenue surprises of 2.84% and 2.31%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

RCI Hospitality (RICK) Q4 Earnings and Revenues Surpass Estimates

Twitter Spaces Conference Call at 4:30 PM ET Today; Meet Management at 7 PM ET Tonight HOUSTON , Dec. 14, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today reported results and filed its Form 10-K for the fiscal 2022 fourth quarter and year ended September 30, 2022. Summary Financials 4Q22 Change YoY FY22 Change YoY Total Revenues $71.4M 29.9 % $267.6M 37.1 % EPS $1.15 342.3 % $4.91 45.7 % Non-GAAP EPS* $1.45 -8.2 % $5.38 31.9 % Net Cash from Operating Activities $17.8M 81.7 % $64.5M 53.6 % Free Cash Flow* $14.5M 71.6 % $58.9M 63.3 % Net Income Attributable to RCIHH Common Stockholders $10.6M 361.4 % $46.0M 51.8 % Adjusted EBITDA* $24.2 37.8 % $86.7M 44.0 % Basic & Diluted Shares 9.3M 2.8 % 9.4M 4.2 % * See "Non-GAAP Financial Measures" below.

RCI Reports 4Q22 Results: Total Revenues $71.4M, GAAP EPS $1.15, Non-GAAP EPS $1.45

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HOUSTON , Dec. 13, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today announced the signing of definitive agreements to acquire two Baby Dolls and three Chicas Locas adult nightclubs and their associated real estate in the Dallas-Fort Worth and Houston markets. The acquisition would be RCI's second largest since its founding and one of the largest in the history of the adult nightclub industry.

RCI Announces Definitive Agreements to Acquire Five Adult Nightclubs in Texas

RCI Hospitality Holdings, Inc. is my largest investment and by a large margin. It has a clear path to 20% FCF per share growth but trades at less than 10x FCF.

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