Welcome to our dedicated page for Rci Hospitality news (Ticker: RICK), a resource for investors and traders seeking the latest updates and insights on Rci Hospitality stock.
RCI Hospitality Holdings, Inc. (Nasdaq: RICK) is a multi‑location operator of adult nightclubs and sports bar‑restaurant concepts in the arts, entertainment, and recreation sector. Through its Nightclubs, Bombshells, and Other segments, the company reports that it has more than 60 locations and describes itself as the country’s leading company in adult nightclubs and sports bars‑restaurants. The news flow around RCI provides insight into sales trends, portfolio changes, financing decisions, and legal developments affecting the business.
On this page, readers can follow RICK stock news related to quarterly and annual club and restaurant sales updates, including separate figures for Nightclubs and Bombshells, same‑store sales performance, and contributions from newly acquired or opened locations. RCI’s releases often highlight acquisitions of clubs in new markets, openings of Bombshells units in cities such as Denver and Lubbock, reformatting of existing venues like XTC 2.0 in Dallas, and the closing or divestiture of underperforming or non‑income producing properties.
News coverage also includes information on RCI’s “Back to Basics” 5‑Year Capital Allocation Plan, which the company links to asset sales, debt management, share repurchases, partnerships with experienced club operators, and development projects such as new Bombshells locations and the rebuilding or renovation of club properties. Investors can see how these actions relate to free cash flow, debt levels, and share count over time, as described in company communications.
In addition, RCI issues releases on recurring cash dividends, changes in executive leadership, and legal matters such as the New York state indictment involving the company, certain executives, employees, and New York City club subsidiaries. Together, these updates provide a detailed view of operational performance, capital allocation, governance, and regulatory context for RCI Hospitality Holdings, Inc.
RCI Hospitality Holdings (Nasdaq: RICK) raised its quarterly cash dividend 14.3% to $0.08 per share for the fiscal 2026 second quarter, up from $0.07. The dividend is payable March 31, 2026 to holders of record at close on March 16, 2026.
This marks RCI’s 10th anniversary and its 41st consecutive quarter of paying cash dividends; the quarterly payout has grown ~167% since the fiscal 2016 second quarter.
RCI Hospitality Holdings (Nasdaq: RICK) received a Nasdaq notice on February 18, 2026, for continued noncompliance with Listing Rule 5250(c)(1) due to a delinquent Form 10-Q for the quarter ended December 31, 2025 and an outstanding Form 10-K for the year ended September 30, 2025.
Nasdaq said the letter has no immediate effect on the listing. RCI has until March 31, 2026 to file both reports or submit a compliance plan; Nasdaq may grant an extension through June 29, 2026 if it accepts a plan. RCI intends to file the 10-K and 10-Q as soon as practicable.
RCI Hospitality Holdings (Nasdaq: RICK) received a Nasdaq notice for noncompliance with Listing Rule 5250(c)(1) because it has not filed its Form 10-K for the year ended September 30, 2025. Nasdaq’s letter does not affect the listing immediately.
RCI has until March 31, 2026 to file the 10-K or submit a compliance plan; if accepted Nasdaq may extend compliance up to 180 days from the due date, effectively until June 29, 2026. The company intends to file the 10-K as soon as practicable and may appeal any adverse Nasdaq decision.
RCI Hospitality Holdings (Nasdaq: RICK) reported club and restaurant sales for 1Q FY26 (period ended Dec 31, 2025): Combined sales $70.3M (-0.9% vs. 1Q25). Nightclubs totaled $61.9M (+0.9%) with same-store sales down 5.8%; Bombshells totaled $8.4M (-12.6%) with same-store sales down 21.9%. Five new nightclubs generated $4.9M and two new Bombshells locations generated $1.8M. Management cited October–November customer uncertainty from the U.S. government shutdown but said higher-margin club service revenues rose year over year. The company plans to increase same-store sales, open Bombshells Rowlett, and sell underperforming properties to support buybacks, debt paydown, acquisitions, and dividends.
RCI Hospitality Holdings (Nasdaq: RICK) filed a Form 12b-25 notifying the SEC it needs more time to file its Form 10-K for the year ended September 30, 2025; a date for the final 4Q25 and FY25 results call will be announced later.
RCI reported preliminary unaudited results: Total revenues $279.4M for FY25 versus $295.6M a year earlier; Nightclubs $242.5M, Bombshells $35.8M. Cash was $33.7M and debt $235.8M at Sept 30, 2025.
Corporate actions include repurchasing 72,739 shares for $2.7M (8,684,061 shares outstanding at Sept 30, 2025), later acquiring 821,000 ADW-owned shares and other purchases reducing outstanding shares to 7,812,000 as of Dec 12, 2025; sale of one club for $600k plus a $180k annual lease; and sale of 49% of Rick's Cabaret Austin for $1.8M.
RCI Hospitality Holdings (Nasdaq: RICK) declared a $0.07 per share quarterly cash dividend for the fiscal 2026 first quarter ending December 31, 2025. The dividend is payable December 30, 2025 to holders of record at the close of business December 15, 2025. This payment marks RCI's 40th consecutive quarter of cash dividends. Since the dividend's initiation in fiscal 2016 Q2 at $0.03, the quarterly payout has increased by 133%.
RCI Hospitality Holdings (Nasdaq: RICK) announced on November 28, 2025 that the board named Travis Reese as Interim President and CEO and Albert Molina as Interim CFO.
Eric Langan stepped down as President and CEO and Bradley Chhay stepped down as CFO; both will remain employed by the company to advise subsidiaries on strategic transactions, budgeting, forecasting, capital allocation, M&A and integration.
Mr. Reese has served as Executive Vice President and a board member since 1999. Mr. Molina has been Director of Financial Reporting since joining RCI in 2016 and has prior public-company financial reporting and controller experience.
RCI Hospitality Holdings (Nasdaq: RICK) acquired 821,000 shares from ADW Capital Partners for $30.0 million (821,000 shares at $36.54 each), using $8.0 million cash and $22.0 million in two‑year seller financing at 12%. The transaction closed on November 21, 2025.
The purchase cuts shares outstanding by about 9.5% to ~7,850,000, accelerates a plan to reach 7.5 million shares by fiscal 2030, and the company says the deal is accretive to free cash flow per share from day one. The board approved the deal after a third‑party fairness opinion.
RCI Hospitality Holdings (Nasdaq: RICK) announced a strategic partnership with adult-club entrepreneur Jonathan Joseph, who acquired a 49% interest in Rick’s Cabaret Austin for $1.8 million in cash. The transaction closed on November 14, 2025.
The deal brings Joseph—owner of Yellow Rose Cabaret and Red Rose Adult Nightclub—into RCI’s leadership group alongside major shareholders Duncan Burch and Troy Lowrie and RCI CEO Eric Langan. Management said the partnership aims to add local management and marketing expertise to better reach key demographics in Austin and aligns with RCI’s Back to Basics 5-Year Capital Allocation Plan.
RCI Hospitality Holdings (Nasdaq: RICK) provided an update on asset sales under its Back to Basics 5-Year Capital Allocation Plan dated November 5, 2025. The company closed on the sale of a small club in Harlingen, TX for $600,000 cash plus a $180,000 annual lease beginning January 1, 2026.
RCI said three non-income producing properties have letters of intent or are under contract to sell for a combined $16.4 million with aggregate debt of $7.3 million. Four small clubs and five non-income producing properties are being marketed with an estimated combined value of $17.4 million and aggregate debt of $9.0 million.