RCI Hospitality Earnings Reports

RCI Hospitality reported its Q1 2025 results, with Nightclubs total and same-store sales increasing. Bombshells total sales declined due to the sale/closure of underperforming locations, but GAAP and non-GAAP segment operating profit and margin improved. Consolidated net cash provided by operating activities and free cash flow nearly matched year-ago levels.

RCI Hospitality Holdings reported a decrease in total revenues for Q4 2024, from $75.3 million to $73.2 million, and a decrease in EPS from $0.23 to $0.03. However, the company saw an increase in non-GAAP EPS from $1.11 to $1.63, and improvements in net cash provided by operating activities and free cash flow. Nightclubs same-store sales increased for the second consecutive quarter, but Bombshells segment revenue declined by 12.1%.

RCI Hospitality reported a decrease in total revenues to $76.2 million compared to $77.1 million in the same quarter last year. The company experienced a net loss attributable to RCIHH common stockholders of $5.2 million, or $(0.56) per share, compared to a net income of $9.1 million, or $0.96 per share, in the prior year quarter. Non-GAAP EPS was $1.35 compared to $1.30 in the prior year quarter. Nightclubs achieved record revenues, increasing year over year, on a same-store basis, and from last quarter. Bombshells revenues are now up two quarters in a row.

RCI Hospitality Holdings reported revenue of $72.3 million, a slight increase from $71.5 million in the same quarter last year. GAAP EPS was $0.08, while non-GAAP EPS totaled $0.90. The Nightclubs segment saw revenue increase to $59.4 million, while the Bombshells segment experienced a decline to $12.8 million.

RCI Hospitality Holdings reported Q1 2024 revenues of $73.9 million, up from $70.0 million in Q1 2023. EPS was $0.77 compared to $1.11, and Non-GAAP EPS was $0.87 compared to $1.19. The company is focusing on growth plans, including new casinos, clubs, and restaurants, along with strategic share repurchases.

RCI Hospitality Holdings, Inc. reported its Q4 2023 results, showing a revenue increase of 5.4% year-over-year to $75.3 million. EPS was $0.23, impacted by non-cash impairment charges, while non-GAAP EPS was $1.11. The company continued its share repurchase program, buying back shares in 1Q24, and is working on potential acquisitions.

RCI Hospitality Holdings, Inc. reported a 9.0% year-over-year increase in third quarter revenues, reaching $77.1 million. The company generated $14.3 million in free cash flow and $22.7 million in adjusted EBITDA. EPS was reported at $0.96, while non-GAAP EPS reached $1.30.

RCI Hospitality Holdings reported a revenue increase of 12.3% year-over-year, reaching $71.5 million in the second quarter of 2023. GAAP EPS was $0.83, while Non-GAAP EPS was $1.30. The company completed the acquisition of 5 clubs, Baby Dolls-Chicas Locas and is focusing on optimizing their contribution. Bombshells turnaround program has started to produce results.

RCI Hospitality Holdings, Inc. reported 1Q23 results with total revenues of $70.0M, GAAP EPS of $1.11, and Non-GAAP EPS of $1.19. The company's Nightclubs segment saw a year-over-year increase in operating income, offsetting challenges in the Bombshells segment. Adjusted EBITDA increased 13.9% year-over-year, and the company ended 1Q23 with $34.1 million in cash.

RCI Hospitality Holdings reported Q3 2022 results with total revenues of $70.7 million, GAAP EPS of $1.48, and Non-GAAP EPS of $1.60. The company's third quarter benefited from higher sales, a continued rebound in Nightclubs service revenues, and a sequential improvement in Bombshells, resulting in strong free cash flow and adjusted EBITDA. Net cash from operating activities and FCF were further enhanced by receipt of a $2.2 million tax refund.

RCI Hospitality Holdings reported strong second quarter results with total revenues of $63.7 million, a 44.6% increase year-over-year. GAAP EPS was $1.15 and Non-GAAP EPS was $1.19. The company is expanding its nightclubs and Bombshells locations.

RCI Hospitality Holdings reported a strong first quarter for fiscal year 2022, driven by the performance of Nightclubs and Bombshells, as well as contributions from recent club acquisitions and a new Bombshells location in Arlington, TX. The company had approximately $32 million cash on hand at the end of January.

RCI Hospitality Holdings, Inc. reported record fourth quarter and annual revenues, demonstrating strong performance despite challenges such as COVID-19 restrictions, the Delta variant, inflation, and labor issues. The company is focused on executing its FY22 plan, including improving customer experience at new club acquisitions, scouting for new clubs, opening new Bombshells locations, and launching the AdmireMe site.

RCI Hospitality Holdings reported record revenues and free cash flow for the third quarter of 2021. Both Nightclubs and Bombshells segments had their best overall performance in company history.

RCI Hospitality Holdings, Inc. reported a rebound in financial performance through the COVID-19 pandemic in Q2 2021. Nightclubs had their best overall performance since the pandemic began, and Bombshells delivered another strong quarter. The company was able to keep teams employed and generate higher levels of free cash flow and profitability.

RCI Hospitality Holdings, Inc. reported its Q1 2021 results, showing the best overall company and Nightclubs performance since the pandemic began in March 2020, along with continued strong Bombshells results. The company was able to maintain employment, generate free cash flow, build cash reserves, and achieve operating and net profitability on both GAAP and non-GAAP bases.

RCI Hospitality Holdings, Inc. reported 4Q20 results, which demonstrated continued progress managing the effects of COVID-19. Both the Bombshells and Nightclubs segments exceeded expectations.

RCI Hospitality Holdings, Inc. reported its third quarter results, which were impacted by the Covid-19 pandemic. All locations were closed in April, with some reopening in May and June, and some having to close temporarily before quarter-end. The company ended the quarter with small but positive operating cash flow.

RCI Hospitality Holdings reported its first quarter 2020 results, with Bombshells showing noticeable revenue, margin, and profit growth. Nightclubs maintained a strong contribution, offsetting temporary closures and a shorter selling week. The company continued its capital allocation strategy, reducing shares outstanding by 4% year over year.

RCI Hospitality Holdings reported a solid fourth quarter and fiscal year 2019, with total revenues for the year increasing by 9.2% to a record $181.1 million and free cash flow increasing by 43.3% to a record $33.3 million. The company also reduced shares outstanding by 1% in FY19.