RCI Hospitality (RICK) shares ended the last trading session 7.8% higher at $39.06. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 18.8% loss over the past four weeks.Following President Trump's announcement to suspend U.S. tariffs on most countries for 90 days, RCI Hospitality shares soared, reflecting renewed investor optimism.This adult nightclub chain is expected to post quarterly earnings of $0.75 per share i ...

Financial Results Announcement - RCI Hospitality Holdings, Inc. announced sales at nightclubs and restaurants for the second fiscal quarter ended March 31, 2025[4] - The press release detailing the financial results was issued on April 8, 2025[4] Company Information - The company is listed on the Nasdaq Global Market under the trading symbol RICK[2]

A downtrend has been apparent in RCI Hospitality (RICK) lately. While the stock has lost 6.1% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for t ...

Investors might want to bet on RCI Hospitality (RICK) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a ...

Building a portfolio of well-managed, high cash-flowing nightclubs and sports-bar restaurants NASDAQ: RICK | 1Q25 Conference Call | February 10, 2025 | www.rcihospitality.com | @RCIHHinc Today's Speakers Eric Langan President & CEO RCI Hospitality Holdings, Inc. @RicksCEO Bradley Chhay Chief Financial Officer RCI Hospitality Holdings, Inc. @BradleyChhay Mark Moran CEO Equity Animal @itsmarkmoran 2 X Spaces Instructions Or 3 • Log in to: X (formerly Twitter) • Select this X Space: https://x.com/i/spaces/1zqK ...

RCI Hospitality Holdings, Inc. (NASDAQ:RICK) Q1 2025 Earnings Conference Call February 10, 2025 4:30 PM ET Company Participants Mark Moran - Equity Animal Eric Langan - President & CEO Bradley Chhay - CFO Conference Call Participants Scott Buck - H.C. Wainwright Mark Moran Greetings, and welcome to RCI Hospitality Holdings First Quarter 2025 Earnings Call. You can find the company's presentation on RCI's website. Go to the Investor Relations section, and all the links will be at the top of the page. Please ...

RCI Hospitality (RICK) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 94.23%. A quarter ago, it was expected that this adult nightclub chain would post earnings of $0.37 per share when it actually produced earnings of $0.03, delivering a surprise of -91.89%.Over the last four quarter ...

Financial Performance - RCI Hospitality Holdings, Inc. announced sales at nightclubs and restaurants for the first fiscal quarter ended December 31, 2024[4]. - The press release detailing the financial results was issued on January 8, 2025[4]. - The financial statements and exhibits related to the earnings report are included in the filing[6]. Company Information - The company is listed on The Nasdaq Global Market under the trading symbol RICK[2]. - RCI Hospitality Holdings, Inc. is classified as an emerging growth company[3].

Financial Performance - Total revenues for the three months ended December 31, 2024, were $71,483,000, a decrease of 3.2% from $73,907,000 in the same period of 2023[14] - Net income for the three months ended December 31, 2024, was $9,065,000, representing an increase of 25.3% compared to $7,244,000 in the prior year[14] - Earnings per share for the three months ended December 31, 2024, were $1.01, up from $0.77 in the same period of 2023, reflecting a 31.2% increase[14] - Nightclubs segment revenues increased to $61.724 million in Q4 2024 from $61.033 million in Q4 2023, while Bombshells segment revenues decreased to $9.587 million from $12.731 million[35] - Income from operations for the Nightclubs segment was $20.882 million in Q4 2024, compared to $20.369 million in Q4 2023, indicating a growth of 2.5%[35] - Consolidated revenues for the first quarter decreased by $2.4 million, or 3.3%, primarily due to the $4.4 million impact of closed locations[85] - Nightclubs revenue increased by 1.1% to $61.7 million, driven by a $2.1 million increase in same-store sales, partially offset by a $1.8 million impact from closed clubs[88] - Bombshells revenue decreased by 24.7% to $9.6 million, with a 7.5% decline in same-store sales and $2.6 million from recently closed locations[89] - Basic and diluted earnings per share (EPS) for the quarter were $1.01, compared to $0.77 in the prior-year quarter[87] - For the three months ended December 31, 2024, the consolidated operating margin improved to 19.5% from 17.8% in the same period of 2023[97] Cash and Assets - Cash and cash equivalents increased to $34,718,000 as of December 31, 2024, from $32,350,000 at the end of September 2024, marking a 7.3% increase[12] - Total assets as of December 31, 2024, were $586,218,000, up from $584,364,000 as of September 30, 2024, indicating a growth of 0.3%[12] - The company reported a net receivables balance of $3.519 million as of December 31, 2024, down from $5.832 million as of September 30, 2024[40] - The company’s retained earnings increased to $210,160,000 as of December 31, 2024, from $201,759,000 at the end of September 2024, reflecting a growth of 4.9%[12] - Free cash flow for Q4 2024 was $12.068 million, a decrease of 4.6% from $12.650 million in Q4 2023[117] Expenses and Liabilities - Operating expenses for the three months ended December 31, 2024, totaled $57,577,000, down from $60,742,000 in the same period of 2023, a decrease of 5.3%[14] - Total liabilities decreased to $317,447,000 as of December 31, 2024, from $321,254,000 as of September 30, 2024, a reduction of 1.2%[12] - Selling, general and administrative expenses rose from $25,201,000 for the three months ended December 31, 2023, to $26,207,000 for the same period in 2024, an increase of approximately 4.0%[44] - Total accrued liabilities increased from $20,280,000 as of September 30, 2024, to $20,514,000 as of December 31, 2024, an increase of approximately 1.2%[42] - Depreciation and amortization expenses for the three months ended December 31, 2024, were $3.569 million, compared to $3.853 million in the same period of 2023[35] Tax and Legal Matters - The effective income tax rate decreased from 19.9% in 2023 to 16.9% in 2024, reflecting a reduction in tax burden[45] - The company recorded a lawsuit settlement of $179,000 for the three months ended December 31, 2024, compared to $0 in the same period of 2023[61] - The company recorded an assessment of $2.8 million from the New York State Department of Labor for state unemployment tax matters for the years 2009-2022[57] Strategic Initiatives - The company completed the acquisition of a club in Detroit for a total purchase price of $11.0 million, including $3.0 million in cash and a seller-financed note[72] - The growth strategy includes opening new units and acquiring existing units in high growth potential markets, with a new Bombshells location opened in Denver, Colorado, in January 2025[125] - The company is evaluating opportunities to acquire new nightclubs and anticipates acquiring locations that fit its business model, potentially requiring additional debt or stock issuance[126] - The company aims for a minimum cash on cash return of 25%-33% for new club or restaurant acquisitions, absent strategic rationale[126] - The company is considering disposing of underperforming units to free up capital for more productive uses[126] Internal Controls and Compliance - The company identified material weaknesses in internal control over financial reporting as of September 30, 2024, related to IT general controls and management review controls[130] - Remediation efforts are underway to address the identified material weaknesses, with expected completion prior to the end of fiscal 2025[134] - The company will engage third-party consultants to assist in the valuation and accounting for intangible assets acquired in business combinations[131] - The company maintains disclosure controls and procedures designed to ensure timely and accurate reporting to the SEC[128]

Wall Street expects a year-over-year decline in earnings on lower revenues when RCI Hospitality (RICK) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock m ...