I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company's financials, and ultimately, most often revealed by a DCF model valuation. This methodology doesn't limit an investor into rigid traditional value, dividend, or growth investing, but rather accounts for all of a ...

RCI Hospitality Holdings, Inc. (RICK) provided an update on its business for the first quarter of fiscal 2025. The company expects to release first-quarter fiscal 2025 results by Feb. 10, 2025. Following the news, its shares declined 1.3% yesterday.Details of RICK’s RevenuesDuring the fiscal first quarter, RICK reported total sales of $70.9 million, indicating a decline of 3.3% year over year.  Same-Store sales rose 2.3% year over year.Sales from Nightclubs was $61.3 million, rising 1.2% year over year. Tot ...

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." Club & Restaurant Sales ($ in Millions) 1Q25 Total Sales Total Sales vs. 1Q24 Same-Store Sales vs. 1Q24 Nightclubs $61.3 +1.2 % +3.7 % Bombshells $9.6 -24.7 % -7.5 % Combined $70.9 -3.3 % ...

Stock Performance - Roger Communications (RCI) shares dropped 17% over the past six months, underperforming the Zacks Consumer Discretionary sector's 16.5% appreciation and the Zacks Cable Television industry's 3.4% return [1] - RCI shares lagged peers like Netflix (NFLX), Apple (AAPL), and Disney (DIS), which appreciated 34.7%, 17.9%, and 13.8%, respectively, in the same period [1] Market Challenges - RCI's subpar performance attributed to intense market competition, declining cable revenues, and macroeconomic uncertainties [2] - Intense competition in the wireless market from major rivals like BCE, TELUS, and Videotron [3] - Struggles in the cable segment to retain customers and compete with other internet service providers, including smaller regional players and emerging technologies [4] - Cable revenues fell 1% year over year in Q3 2024 due to reductions in Home Phone and Satellite subscriber bases [4] - Macroeconomic uncertainties and shifting consumer spending patterns impacting demand for premium services like 5G and high-speed internet [5] Strategic Initiatives - Heavy investments in infrastructure and new technologies, including trials of DOCSIS 4 modems and Wi-Fi 7 routers [6] - Strategic agreement to buy Bell's 37.5% ownership stake in Maple Leaf Sports & Entertainment to bolster long-term prospects [6] Financial Estimates - Full-year 2024 total service revenue growth expected between 8% and 10%, with adjusted EBITDA growth of 12%-15% [7] - Zacks Consensus Estimate for Q4 2024 revenues pegged at $3.8 billion, indicating a year-over-year decline of 2.97% [7] - Consensus mark for Q4 2024 earnings pegged at $1.04 per share, down by a penny over the past 30 days, indicating year-over-year growth of 19.54% [7] - Zacks Consensus Estimate for 2024 revenues pegged at $14.69 billion, indicating year-over-year growth of 2.66% [8] - Consensus mark for 2024 earnings pegged at $3.55 per share, down by a penny over the past 30 days, suggesting year-over-year growth of 5.34% [8] - RCI beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with an average surprise of 3.87% [8] Investor Considerations - RCI's performance reflects significant challenges, including competitive pressure in the wireless market, declining cable revenues, and macroeconomic uncertainties [10] - RCI currently carries a Zacks Rank 5 (Strong Sell) [10]

Financial Performance - Total revenues for 4Q24 were $73.2 million, a decrease from $75.3 million in 4Q23 [1] - EPS for 4Q24 was $0.03, down from $0.23 in 4Q23 [1] - Non-GAAP EPS for 4Q24 increased to $1.63 from $1.11 in 4Q23 [1] - Net cash provided by operating activities in 4Q24 was $15.7 million, up from $12.1 million in 4Q23 [1] - Free cash flow for 4Q24 was $13.2 million, compared to $11.1 million in 4Q23 [1] Operational Highlights - Nightclubs same-store sales increased for the second consecutive quarter, marking the first time since the first half of FY23 [1] - Total company sales declined due to a hurricane and fire, impacting EPS [1] - The company ended FY24 with 8.955 million shares outstanding, a 4.7% decrease year-over-year [1] - Nightclubs segment revenues decreased by 0.5% to $60.6 million in 4Q24, with same-store sales growth of 2.2% [2] - Bombshells segment revenues declined by 12.1% to $11.9 million in 4Q24, with a 16.2% same-store sales decline [2] Capital Allocation and Strategy - The company has grown significantly since initiating its Capital Allocation Strategy at year-end FY15, with revenue more than doubling from $135 million to $296 million, a CAGR of 9% [1] - Free cash flow has more than tripled from $15 million to $48 million, a CAGR of 14%, while the share count fell by 13% [1] - The "Back-to-Basics" strategy for FY25-29 focuses on the Nightclub business, improving Bombshells, and returning more capital to shareholders through buybacks [1] - Capital allocation priorities include 50% for Nightclub acquisitions and 50% for share buybacks & dividends [1] - Financial targets for FY29 include total revenues of $400 million, free cash flow of $75 million, and shares outstanding of 7.5 million [1] Segment Performance - Nightclubs segment operating income was $13.1 million (21.5% of segment revenues) in 4Q24, compared to $12.1 million (19.8%) in 4Q23 [2] - Bombshells segment operating loss was $2.5 million (-21.1% of segment revenues) in 4Q24, compared to operating income of $1.2 million (8.7%) in 4Q23 [2] - Corporate segment expenses totaled $7.1 million (9.7% of total revenues) in 4Q24, compared to $6.8 million (9.0%) in 4Q23 [2] Share Repurchases and Debt - In 4Q24, the company repurchased 174,790 common shares for $7.8 million ($44.81 average per share) [2] - For all of FY24, the company repurchased 442,639 shares for $20.6 million ($46.55 average per share) [2] - Debt was $238.2 million at September 30, 2024, compared to $245.4 million at June 30, 2024, and $239.8 million at September 30, 2023 [2] Non-GAAP Financial Measures - Non-GAAP operating income for 4Q24 was $20.5 million (33.8% of segment revenues) for Nightclubs and $0.7 million (5.9% of segment revenues) for Bombshells [2] - Adjusted EBITDA for 4Q24 was $17.9 million, compared to $20.2 million in 4Q23 [1] - Non-GAAP net income for 4Q24 was $1.63 per diluted share, compared to $1.11 in 4Q23 [1]

TORONTO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Rogers Communications (TSX:RCI) (NYSE:RCI) today announced it has received clearance from the Competition Bureau to proceed with the acquisition of Bell's 37.5% stake in Maple Leaf Sports & Entertainment. Rogers and Bell received a "no-action letter" on December 12, 2024, from the Bureau, indicating that the Commissioner of Competition does not intend to challenge Rogers acquisition of Bell's interest in MLSE. The deal is subject to league approvals and approval fr ...

RCI Hospitality Holdings, Inc. (RICK) is scheduled to report fourth-quarter fiscal 2024 results on Dec. 16. In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 163.6%.Q4 Estimates of RICKThe Zacks Consensus Estimate for earnings is pegged at 37 cents per share, indicating growth of 60.9% from 23 cents a year ago.The consensus mark for revenues is pegged at $73 million, implying a decrease of 3% from the year-ago figure.Stay up-to-date with all quarterly releases: See ...

There will be no other types of telephone or webcast access.About RCI Hospitality Holdings, Inc. (Nasdaq: RICK) (X: @RCIHHinc)With more than 60 locations, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in adult nightclubs and sports bars/restaurants. See all our brands at www.rcihospitality.com.Forward-Looking StatementsThis press release may contain forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual ...

With more than 60 locations, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in adult nightclubs and sports bars/restaurants. See all our brands at www.rcihospitality.com. Media & Investor ContactsGary Fishman and Steven Anreder at 212-532-3232 or [email protected] and [email protected]SOURCE RCI Hospitality Holdings, Inc. ...

Zacks Premium Services - Zacks Premium offers daily updates of Zacks Rank and Zacks Industry Rank, full access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens to help investors make informed decisions [1] - The service includes access to Zacks Style Scores, which complement the Zacks Rank to identify stocks with high potential to outperform the market [2][3] Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, assigning grades from A to F, with A being the best [4] - The scores are divided into four categories: Value Score, Growth Score, Momentum Score, and VGM Score, which combines all three styles [5][6][7][8] Zacks Rank and Style Scores Integration - Zacks Rank uses earnings estimate revisions to rate stocks, with 1 (Strong Buy) stocks delivering an average annual return of +25.41% since 1988 [9][10] - Combining Zacks Rank 1 or 2 with Style Scores of A or B increases the probability of success, while 3 (Hold) stocks should also have A or B scores for upside potential [12][14] Rogers Communications Inc (RCI) - Rogers Communications Inc provides cable television, high-speed Internet, wireless services, and media operations through its subsidiaries [15] - RCI holds a Zacks Rank of 3 (Hold) with a VGM Score of A and a Growth Style Score of B, forecasting 5.6% year-over-year earnings growth for the current fiscal year [16][17] - Three analysts revised their earnings estimates upwards for fiscal 2024, with the Zacks Consensus Estimate increasing to $3.56 per share and an average earnings surprise of 3.9% [16]