RCI Hospitality Holdings, Inc., through its subsidiaries, engages in the hospitality and related businesses in the United States. The company operates through Nightclubs, Bombshells, and Other segments. It owns and/or operates upscale adult nightclubs serving primarily businessmen and professionals under the Rick's Cabaret, Jaguars Club, Tootsie's Cabaret, XTC Cabaret, Club Onyx, Hoops Cabaret and Sports Bar, Scarlett's Cabaret, Temptations Adult Cabaret, Foxy's Cabaret, Vivid Cabaret, Downtown Cabaret, Cabaret East, The Seville, Silver City Cabaret, and Kappa Men's Club. The company also operates restaurants and sports bars under the Bombshells Restaurant & Bar brand; and dance clubs under the Studio 80 brand. In addition, it owns two national industry trade publications serving the adult nightclubs industry and the adult retail products industry; a national industry convention and tradeshow; and two national industry award shows, as well as approximately a dozen industry and social media Websites. Further, RCI Hospitality Holdings, Inc. holds license to sell Robust Energy Drink in the United States. The company was formerly known as Rick's Cabaret International, Inc. and changed its name to RCI Hospitality Holdings, Inc. in August 2014. RCI Hospitality Holdings, Inc. was founded in 1983 and is based in Houston, Texas.
IPO Year: 1995
Exchange: NASDAQ
Website: rcihospitality.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/29/2022 | $120.00 | Buy | H.C. Wainwright |
| 2/1/2022 | $100.00 | Outperform | Noble Capital Markets |
HOUSTON, Nov. 8, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) announced Bombshells Restaurant & Bar locations in Houston, Dallas, Austin and San Antonio will provide a free entree for veterans on Veterans Day, Monday, November 11, 2024. Other items will be discounted 20% for veterans. Hours are 11AM to 2AM daily for lunch, dinner, and late night. Families accompanying veterans, and active service members and their accompanying families, will receive a 20% discount on entrees and other items on Veterans Day. The Veterans Day free offer and discount excludes
HOUSTON, Nov. 5, 2024 /PRNewswire/ -- As part of its aggressive actions to improve the performance of the Bombshells segment, RCI Hospitality Holdings, Inc. (NASDAQ:RICK) announced the decision to permanently close two underperforming leased locations and sell a third. The company said that Bombshells Spring at 21005 Interstate 45 N, Spring, TX, and Bombshells Houston-South at 12810 Gulf Freeway, Houston, TX have been closed and that there are plans to sell Bombshells Austin at 15119 N Interstate Hwy 35, Pflugerville, TX. RCI said it will disclose related financial details when it reports fourth quarter and year end results which are expected by December 16, 2024.
HOUSTON, Oct. 8, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) reported club and restaurant sales for the fiscal fourth quarter and year ended September 30, 2024. Sales do not include non-core operations and are subject to final closing. Full 4Q24 and fiscal 2024 financial results are expected by December 16, 2024. The company also reported 4Q24 and FY24 share buybacks. Eric Langan, President & CEO of RCI, commented: "We're pleased to report that for the second quarter in a row nightclub same-store sales increased year over year. We reopened another club lo
HOUSTON, Sept. 9, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) announced it will be featured as a presenting company at the H.C. Wainwright 26th Annual Global Investment Conference Monday-Wednesday this week in New York City. The conference is being held at the Lotte New York Palace Hotel at 455 Madison Avenue. Virtual participation will be staged simultaneously with more than 550 company presentations scheduled as live feed or available on-demand. RCI CEO Eric Langan will meet with investors in one-on-one meetings as well as review the company's Back to B
HOUSTON, Sept. 3, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) announced today that it has increased its quarterly cash dividend by 16.7%, to $0.07 per common share from $0.06, for the fiscal 2024 fourth quarter ending September 30, 2024. The 4Q24 dividend is payable on September 30, 2024, to holders of record at the close of business on September 16, 2024. 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 nightcl
HOUSTON, Aug. 28, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) announced two clubs and a club general manager won top awards at the Annual Gentlemen's Club EXPO last night in Dallas. Scarlett's Cabaret Miami was named "Overall Club of the Year"Country Rock Cabaret St. Louis was named "Small Club of the Year" in the Midwest RegionHeidi Santanello of Diamond Cabaret St. Louis was named "General Manager of the Year"Produced by ED Publications, EXPO is the adult nightclub industry's only national convention. Awards are based on voting by approximately 3,000 in
HOUSTON, Aug. 8, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) today reported results for the fiscal 2024 third quarter ended June 30, 2024. The company also filed its Form 10-Q today. Summary Financials (in millions except EPS) 3Q24 3Q23 9M24 9M23 Total revenues $76.2 $77.1 $222.4 $218.5 EPS $(0.56) $0.96 $0.30 $2.91 Non-GAAP EPS1 $1.35 $1.30 $3.11 $3.80 Other charges, net $18.3 $2.6 $26.5 $5.7 Net cash provided by operating activities $15.8 $15.3 $40.2 $47.0 Free cash flow1 $13.8 $14.3 $35.3 $42.1 Net income (loss) attributable to RCIHH common stockholder
HOUSTON , Aug. 7, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) plans to file its 10-Q and report financial results for the fiscal 2024 third quarter ended June 30, 2024 after the market closes on Thursday, August 8. X Spaces Call & Slides Hosted by RCI President & CEO Eric Langan, CFO Bradley Chhay, and Mark Moran of Equity AnimalCall link: https://x.com/RicksCEO/status/1821258346877612301 (X log in required)Presentation link: https://www.rcihospitality.com/investor-relations/To ask questions during Q&A: Participants must join the X Space using a mobile
HOUSTON, July 11, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) reported club and restaurant sales for the fiscal third quarter ended June 30, 2024. Sales do not include non-core operations and are subject to final closing. Full 3Q24 financial results are expected by August 8, 2024. The company also announced a new share buyback authorization, the withdrawal of its Colorado casino license applications, and a post-Hurricane Beryl update. Nightclubs: Total sales of $62.4 million increased 0.7% compared to the year-ago quarter. The increase primarily reflected
HOUSTON, May 29, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) announced today it has declared a quarterly cash dividend of $0.06 per common share for the fiscal 2024 third quarter ending June 30, 2024. The 3Q24 dividend is payable June 28, 2024 to holders of record June 14, 2024 with an ex-dividend date of June 13, 2024. This marks RCI's 34th consecutive quarterly cash dividend. 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 co
HOUSTON, Oct. 5, 2023 /PRNewswire/ -- Ed Anakar, President and Director of Operations of RCI Management Services, Inc. (RCIMS) is pleased to announce Dean Reardon has been named Director and Shaun Kevlin Assistant Director of Nightclub Operations. RCIMS is the subsidiary of RCI Hospitality Holdings, Inc. (NASDAQ:RICK) that provides support services for its clubs and restaurants. "Dean has been a major contributor to our success," said Mr. Anakar. "He is a source of motivation, inspiration and guidance to all the teams from the back to the front of the house. His experience, po
H.C. Wainwright initiated coverage of RCI Hospitality with a rating of Buy and set a new price target of $120.00
Noble Capital Markets initiated coverage of RCI Hospitality with a rating of Outperform and set a new price target of $100.00
8-K - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Filer)
8-K - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Filer)
8-K - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Filer)
8-K - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Filer)
10-Q - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Filer)
8-K - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Filer)
DEFR14A - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Filer)
DEF 14A - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Filer)
8-K - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Filer)
8-K - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Filer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
4 - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Issuer)
SC 13G - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Subject)
SC 13G/A - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Subject)
SC 13G/A - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Subject)
SC 13G/A - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Subject)
SC 13G/A - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Subject)
SC 13G/A - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Subject)
SC 13G - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Subject)
SC 13G/A - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Subject)
SC 13G/A - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Subject)
SC 13G - RCI HOSPITALITY HOLDINGS, INC. (0000935419) (Subject)
HOUSTON, Sept. 3, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) announced today that it has increased its quarterly cash dividend by 16.7%, to $0.07 per common share from $0.06, for the fiscal 2024 fourth quarter ending September 30, 2024. The 4Q24 dividend is payable on September 30, 2024, to holders of record at the close of business on September 16, 2024. 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 nightcl
HOUSTON, Aug. 8, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) today reported results for the fiscal 2024 third quarter ended June 30, 2024. The company also filed its Form 10-Q today. Summary Financials (in millions except EPS) 3Q24 3Q23 9M24 9M23 Total revenues $76.2 $77.1 $222.4 $218.5 EPS $(0.56) $0.96 $0.30 $2.91 Non-GAAP EPS1 $1.35 $1.30 $3.11 $3.80 Other charges, net $18.3 $2.6 $26.5 $5.7 Net cash provided by operating activities $15.8 $15.3 $40.2 $47.0 Free cash flow1 $13.8 $14.3 $35.3 $42.1 Net income (loss) attributable to RCIHH common stockholder
HOUSTON , Aug. 7, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) plans to file its 10-Q and report financial results for the fiscal 2024 third quarter ended June 30, 2024 after the market closes on Thursday, August 8. X Spaces Call & Slides Hosted by RCI President & CEO Eric Langan, CFO Bradley Chhay, and Mark Moran of Equity AnimalCall link: https://x.com/RicksCEO/status/1821258346877612301 (X log in required)Presentation link: https://www.rcihospitality.com/investor-relations/To ask questions during Q&A: Participants must join the X Space using a mobile
HOUSTON, July 11, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) reported club and restaurant sales for the fiscal third quarter ended June 30, 2024. Sales do not include non-core operations and are subject to final closing. Full 3Q24 financial results are expected by August 8, 2024. The company also announced a new share buyback authorization, the withdrawal of its Colorado casino license applications, and a post-Hurricane Beryl update. Nightclubs: Total sales of $62.4 million increased 0.7% compared to the year-ago quarter. The increase primarily reflected
HOUSTON, May 29, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) announced today it has declared a quarterly cash dividend of $0.06 per common share for the fiscal 2024 third quarter ending June 30, 2024. The 3Q24 dividend is payable June 28, 2024 to holders of record June 14, 2024 with an ex-dividend date of June 13, 2024. This marks RCI's 34th consecutive quarterly cash dividend. 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 co
HOUSTON, May 9, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) today reported results for the fiscal 2024 second quarter ended March 31, 2024. The company also filed its Form 10-Q today. Summary Financials (in millions except EPS) 2Q24 2Q23 6M24 6M23 Total revenues $72.3 $71.5 $146.2 $141.5 EPS $0.08 $0.83 $0.85 $1.94 Non-GAAP EPS1 $0.90 $1.30 $1.76 $2.50 Other charges, net $8.2 $3.8 $8.2 $3.1 Net cash from operating activities $10.8 $16.8 $24.5 $31.7 Free cash flow1 $8.8 $14.8 $21.5 $27.8 Net income attributable to RCIHH common stockholders $0.8 $7.7 $8.0 $
HOUSTON, May 6, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) plans to file its 10-Q and report financial results for the fiscal 2024 second quarter ended March 31, 2024 after the market closes on Thursday, May 9. The company will hold a related conference call on X Spaces at 4:30 PM ET. Afterward, investors can meet management at Rick's Cabaret New York, Manhattan's No. 1 adult nightclub, at 7:00 PM ET. X Space Call & Slides Hosted by RCI President & CEO Eric Langan, CFO Bradley Chhay, and Mark Moran of Equity AnimalCall link: https://x.com/ricksceo/statu
HOUSTON, April 9, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) reported sales for its Nightclubs and Bombshells restaurants for the fiscal second quarter ended March 31, 2024 of $71.7 million, an increase of 1.3% or $0.9 million compared to the year-ago period. Sales do not include non-core operations and are subject to final closing. Full 2Q24 financial results are expected by May 9, 2024. RCI is holding a related conference call on X Spaces at 4:30 PM ET. The call is being hosted by RCI President & CEO Eric Langan, CFO Bradley Chhay, and Mark Moran of Eq
HOUSTON, April 4, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) will report Nightclubs and Bombshells restaurants sales for its fiscal second quarter ended March 31, 2024 after the market closes on Tuesday, April 9, 2024. RCI will hold a related conference call on X Spaces at 4:30 PM ET that day. The call is being hosted by RCI President & CEO Eric Langan, CFO Bradley Chhay, and Mark Moran of Equity Animal. Links to the X Space call and presentation will be available at https://www.rcihospitality.com/investor-relations/. To ask questions during Q&A, you nee
HOUSTON , Feb. 28, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (NASDAQ:RICK) announced today it has declared a quarterly cash dividend of $0.06 per common share for the fiscal 2024 second quarter ending March 31, 2024. The 2Q24 dividend is payable March 29, 2024 to holders of record March 15, 2024 with an ex-dividend date of March 14, 2024. This marks RCI's 33rd consecutive quarterly cash dividend. 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 lea
HC Wainwright & Co. analyst Scott Buck reiterates RCI Hospitality Hldgs (NASDAQ:RICK) with a Buy and maintains $98 price target.
RCI Hospitality Holdings, Inc. (NASDAQ:RICK) reported club and restaurant sales for the fiscal third quarter ended June 30, 2024. Sales do not include non-core operations and are subject to final closing. Full 3Q24 financial results are expected by August 8, 2024. The company also announced a new share buyback authorization, the withdrawal of its Colorado casino license applications, and a post-Hurricane Beryl update.Nightclubs: Total sales of $62.4 million increased 0.7% compared to the year-ago quarter. The increase primarily reflected 1.7% same-store sales growth and two new and reformatted clubs, partially offset by the temporary closing of three clubs being reformatted to liquor from BY
RCI Hospitality Holdings Inc (NASDAQ:RICK) shares fell midday Wednesday after short seller Edwin Dorsey brought attention to a destructive fire at a nightclub location. Dorsey previously alleged law enforcement raids at the company’s Houston office and a New York location. What Happened: A fire broke out at RCI’s Baby Dolls club in Fort Worth, Texas, according to the Fort Worth Star-Telegram. The building appears to be destroyed or heavily damaged. Dorsey, an author at The Bear Cave, called the company “uninvestable” in a Wednesday afternoon post on X, also echoing his allegations of raids in May. “How is $RICK up on the day after their Baby Dolls club in Forth Worth, Texas burned down
Shares of RCI Hospitality Holdings (NASDAQ:RICK) fell on Thursday before rebounding Friday on above average volume. The increase in trading comes with allegations shared by Bear Cave Research's Edwin Dorsey. What Happened: The owner of nightclubs, gentlemen's clubs and sports bar restaurants is facing increased interest from investors after Dorsey published an update on the company Thursday. "Today's special investigation is our shortest ever. The primary evidence is one photo taken from a public sidewalk last night," Dorsey wrote. The photo shared is alleged to show that Rick's NYC location was raided on Wednesday night. Bear Cave alleges that other RCI Hospitality locations may ha
https://thebearcave.substack.com/p/more-problems-at-rci-hospitality
HC Wainwright & Co. analyst Scott Buck maintains RCI Hospitality Hldgs (NASDAQ:RICK) with a Buy and lowers the price target from $115 to $98.
RCI Hospitality Hldgs (NASDAQ:RICK) reported quarterly earnings of $0.90 per share which missed the analyst consensus estimate of $1.01 by 10.89 percent. This is a 30.77 percent decrease over earnings of $1.30 per share from the same period last year. The company reported quarterly sales of $72.283 million which missed the analyst consensus estimate of $74.734 million by 3.28 percent. This is a 1.07 percent increase over sales of $71.517 million the same period last year.
HC Wainwright & Co. analyst Scott Buck reiterates RCI Hospitality Hldgs (NASDAQ:RICK) with a Buy and maintains $115 price target.