Financial Performance - Total revenues for the three months ended June 30, 2020, were $14,721,000, a decrease of 68.7% compared to $47,027,000 for the same period in 2019[14] - Net loss attributable to RCIHH common stockholders for the three months ended June 30, 2020, was $5,474,000, compared to a net income of $5,638,000 for the same period in 2019[14] - Operating expenses for the three months ended June 30, 2020, were $19,378,000, up from $37,053,000 in the same period of 2019, indicating a decrease of 47.7%[14] - Earnings per share for the three months ended June 30, 2020, were $(0.60), compared to $0.59 for the same period in 2019[14] - For the nine months ended June 30, 2020, the company reported a net loss of $3.427 million compared to a net income of $18.826 million for the same period in 2019, representing a significant decline[19] - Total revenues for the nine months ended June 30, 2020, were $103.5 million, a 23.8% decline from $135.9 million in the prior year[133] - Total operating expenses increased to 97.5% of revenues from 76.2% year-over-year, with a decrease of $2.6 million, or 2.5%[151] - Non-GAAP net income for the nine months ended June 30, 2020, was $(6.8) million, compared to $17.7 million in 2019[165] - Adjusted EBITDA for the nine months ended June 30, 2020, was $18.0 million, down from $36.6 million in 2019[165] Assets and Liabilities - Total assets increased to $360,374,000 as of June 30, 2020, from $353,637,000 as of September 30, 2019, reflecting a growth of 1.0%[12] - Current liabilities decreased to $33,076,000 as of June 30, 2020, from $34,208,000 as of September 30, 2019, a reduction of 3.3%[12] - The company reported a total equity of $155,435,000 as of June 30, 2020, down from $168,301,000 as of September 30, 2019, a decline of 7.6%[12] - Cash and cash equivalents increased to $14,795,000 as of June 30, 2020, from $14,097,000 as of September 30, 2019, a rise of 4.9%[12] - As of June 30, 2020, the company had accrued liabilities totaling $10.3 million, down from $14.6 million as of September 30, 2019[51] - The company has total debt obligations of $1,940,000 due on November 1, 2020 after negotiating extensions[63] - Long-term debt at the end of the period was $142,736,000, a decrease of 4.7% from $146,579,000 in 2019[186] Revenue Breakdown - Sales of alcoholic beverages for the nine months ended June 30, 2020, were $45,285,000, a decrease of 19.6% from $56,366,000 in the same period of 2019[14] - Nightclubs revenue for the nine months decreased by 33.2% to $75.2 million, while Bombshells revenue increased by 24.2% to $27.7 million[133] - For the three months ended June 30, 2020, revenues from nightclubs were $6.0 million, a decrease of 84.2% compared to $37.9 million in the same period of 2019[101] - Bombshells restaurant revenues for the three months ended June 30, 2020, were $8.5 million, slightly down by 2.6% from $8.8 million in the same period of 2019[101] COVID-19 Impact - The COVID-19 pandemic has materially affected the company's operations, leading to temporary closures of clubs and restaurants starting March 18, 2020[205] - The company has implemented cost-saving measures and furloughed employees, which may impact future growth[210] - The pandemic has disrupted supply chains, potentially leading to shortages of food items and other supplies at restaurants[208] - The company is uncertain about the timeline for reopening all locations, which depends on government actions and customer demand[210] - The company anticipates a significant decline in cash flows due to COVID-19 and may need to borrow funds or sell assets to meet obligations[168] Operational Adjustments - The company has closed and reopened several locations in response to changing government mandates since March 2020, with many clubs and Bombshells locations now operating at limited occupancy[42] - The company has furloughed employees and implemented pay cuts for remaining salaried and hourly employees to manage cash flow during the pandemic[45] - The company arranged for deferment of principal and interest payments on certain debts and furloughed employees at clubs and restaurants[175] Legal and Compliance - The company is currently involved in a formal SEC investigation, which may result in fines or penalties[88] - The company has denied liability in ongoing lawsuits and continues to appeal adverse judgments totaling $1.0 million[90] - Management identified a material weakness related to ineffective financial statement close and reporting controls, including management review of financial statement information and independent review of journal entries[199] - Remediation efforts include developing policies to enhance management review of financial statements and implementing procedures for related party disclosures[202] Shareholder Actions - The company declared dividends of $0.03 per share for the three months ended June 30, 2020, consistent with the same period in 2019[14] - The company purchased 465,390 shares of common stock at an average price of $18.24 during the nine months ended June 30, 2020[181] - The company has $11.8 million remaining for share repurchases under its authorized program as of August 7, 2020[68]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-13992 RCI HOSPITALITY HOLDINGS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Texas 76-0458229 ...

RCI Hospitality Holdings Inc (NASDAQ:RICK) Q1 2020 Results Conference Call February 27, 2020 4:30 PM ET Company Participants Gary Fishman - Investor Relations Eric Langan - President and Chief Executive Officer Phillip Marshall - Chief Financial Officer Bradley Chhay - Controller Conference Call Participants Marco Rodriguez - Stonegate Capital Markets Jason Scheurer - Orchard Wealth Adam Wyden - ADW Capital Douglas Weiss - DSW Investments Dan Boyle - Schwerin Boyle Yaron Naymark - One Main Capital Operator ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2019 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-13992 RCI HOSPITALITY HOLDINGS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Texas 76-0458 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2019 [ ] Transition report under Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number: 001-13992 RCI HOSPITALITY HOLDINGS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Texas 76-0458229 (I.R.S. E ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other jurisdiction of incorporation or organization) Texas 76-0458229 (I.R.S. Employer Identification No.) 10737 Cutten Road Houston, Texas 77066 (Address of principal executive offices) (Zip Code) (281) 397-6730 For the quarterly period ended March 31, 2019 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITI ...

RCI HOSPITALITY HOLDINGS, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2018 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-13992 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Texas 76-0458 ...