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) 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.
RCI Hospitality Holdings (Nasdaq: RICK) said Bombshells Restaurant & Bar will offer a free entree to military veterans on Nov 11, 2025 at all 13 Texas and Colorado locations, with a 20% discount for active-duty service members on all menu items (alcohol excluded).
Bombshells will donate $1 from each fried pickle “Bayonets” order in November to PTSD Foundation of America’s Camp Hope and will run a Veterans Day social campaign across X, Facebook, Instagram and TikTok. Eligibility requires one form of military ID; offers exclude take-out and gift cards.
RCI Hospitality Holdings (Nasdaq: RICK) reported club and restaurant sales for 4Q25 and FY25 ending September 30, 2025, with full results due in the Form 10-K.
4Q25: Nightclubs $60.5M (+0.4%), Bombshells $9.4M (-21.2%), Combined $69.8M (-3.1%); nightclub same-store sales -4.4%, combined SSS -6.3%. FY25: Nightclubs $240.8M (-0.6%), Bombshells $35.8M (-29.2%), Combined $276.6M (-5.5%); FY25 nightclub SSS -2.1%.
Company cited acquisitions, reformatting, divestitures, and closures; development updates include Dallas reopening as XTC 2.0, a Bombshells opening in Rowlett in December, and Baby Dolls Fort Worth zoning approvals.
RCI Hospitality Holdings (Nasdaq: RICK) has been indicted by the New York Attorney General along with two executives, three employees, and three clubs on state charges alleging non-payment of sales taxes and bribery of a state sales tax auditor. Through their legal counsel, Daniel J. Horwitz, the company issued a statement denying all allegations and expressing disappointment with the Attorney General's decision.
The company emphasized that no company executive or employee personally benefited from the alleged charges. RCI had previously disclosed the investigation in its SEC filings and maintains a policy of paying all legitimate and non-contested taxes. All three New York City clubs remain operational while the company pursues its legal defense.
RCI Hospitality Holdings (Nasdaq: RICK) has declared its 39th consecutive quarterly cash dividend of $0.07 per common share for the fiscal 2025 fourth quarter. The dividend will be paid on September 30, 2025, to shareholders of record as of September 16, 2025. This continues RCI's consistent dividend payment history since its initiation in fiscal 2016's second quarter.
RCI Hospitality Holdings (Nasdaq: RICK) announced that its Rick's Cabaret locations in Chicago and Denver have received prestigious industry recognition at the Annual Gentlemen's Club EXPO awards in Las Vegas. The Chicago location was named Club of the Year in the Central Region, while the Denver venue earned Club of the Year in the Western Region.
The awards, determined by votes from approximately 3,000 industry professionals, were presented at the Criss Angel Theater in Planet Hollywood Las Vegas Resort & Casino. Ed Anakar, President of RCI Management Services, highlighted the successful rebranding efforts and dedication to high-quality service that transformed these venues into market leaders.
RCI Hospitality Holdings (NASDAQ: RICK) has announced expanded operating hours for its Rick's Cabaret & Steakhouse in Central City, Colorado. The upscale venue will now operate Thursday through Sunday from 4:00 p.m. to 4:00 a.m., extending from its previous schedule of Thursday through Saturday starting at 6:00 p.m.
The expansion comes in response to increased guest traffic since the venue's June opening in Central City's historic district. The three-story establishment features a high-end nightclub with entertainers, a fine dining steakhouse, and combines historic elegance with modern luxury in the Central City-Black Hawk gaming corridor.
RCI Hospitality Holdings (Nasdaq: RICK) reported fiscal 3Q25 results with total revenues of $71.1M, down from $76.2M in 3Q24. The company posted EPS of $0.46 compared to $(0.56) in the prior year. The Nightclubs segment revenue was $62.3M, declining 0.8% year-over-year, while Bombshells segment revenue fell 34.5% to $8.6M.
During Q3, RCI continued its Back to Basics 5-Year Capital Allocation Plan with strategic acquisitions: Platinum West in South Carolina ($8M), Platinum Plus in Pennsylvania ($2M), and opened new locations including Rick's Cabaret in Colorado. The company also repurchased 75,325 shares for $3M and maintained active expansion with a new Bombshells opening in Lubbock, TX in early July.