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Jun 30, 2021
RCI Hospitality Q3 2021 Earnings Report
RCI Hospitality reported record revenues and free cash flow.
Key Takeaways
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.
Nightclubs segment had its best overall performance in company history.
Bombshells segment had its best overall performance in company history.
Company is acquiring 11 clubs in six states and related real estate for $88.0 million in stock, cash and debt.
Company is seeking out more nightclub acquisitions, developing more Bombshells, and expanding list of potential Bombshells franchisee locations.
Forward Guidance
No specific forward guidance was found in the provided document.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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