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) has announced its upcoming fiscal 2025 third quarter earnings conference call, scheduled for Monday, August 11, 2025, at 4:30 PM ET. The company will release its financial results and 10-Q filing for the quarter ended June 30, 2025, after market close on the same day.
The earnings call will be hosted exclusively on X Spaces by CEO Eric Langan, CFO Bradley Chhay, and Mark Moran of Equity Animal. Participants who wish to ask questions must join via a mobile device, while those who want to listen only can access through a computer. The presentation materials will be available on RCI's investor relations website.
[]RCI Hospitality Holdings (NASDAQ: RICK) reported fiscal 3Q25 club and restaurant sales, with combined revenues of $70.5 million, representing a 6.7% year-over-year decline. Nightclubs segment showed resilience with $61.9 million in sales (-0.8% YoY), while Bombshells segment recorded $8.6 million (-34.6% YoY).
The company added four new nightclub locations contributing $2.3 million in sales, including acquisitions in Detroit, South Carolina, Pennsylvania, and a new opening in Colorado. Same-store sales declined 3.7% for Nightclubs and 13.5% for Bombshells. Year-to-date combined sales reached $206.7 million, down 6.3% compared to 9M24.
RCI Hospitality Holdings (NASDAQ: RICK) has opened its newest Bombshells Restaurant & Bar location in Lubbock, Texas. The 8,500-square-foot venue, featuring a 3,200-square-foot covered patio, is strategically located near Milwaukee Avenue and Texas State Highway 327 Spur.
The new location has hired over 110 team members, including 60 servers, 15 bartenders, and 10 hosts. The sports-themed restaurant features a 17.5-foot video wall, 90 65-inch HDTVs, and 32-inch HDTVs in booths. This marks the 12th Bombshells location in Texas, known for its military-themed decor and offering a 20% discount to veterans and active service members.
The venue operates from 11:00 a.m. to 2:00 a.m., offering lunch, happy hour, dinner, and late-night entertainment with live DJs. The restaurant features a full bar, 20 draft beers, and an extensive menu of American cuisine.
RCI Hospitality Holdings (NASDAQ: RICK) has announced the opening of Rick's Cabaret & Steakhouse in Central City, Colorado's historic district. The three-story venue, located at 130 Main Street, combines a high-end nightclub and fine dining restaurant, bringing Las Vegas-style entertainment to the Central City-Black Hawk gaming area.
The venue will operate Thursday through Saturday from 6:00 PM to 4:00 AM, with steakhouse service until 3:00 AM. The opening coincides with Central City's Stills in the Hills festival and the Central City Opera's season opening, strategically positioning the venue in this historic gaming and entertainment district.
RCI Hospitality Holdings (NASDAQ: RICK) has announced it will release its fiscal 2025 second quarter financial results for the period ended March 31, 2025, after market close on Monday, May 12. The company will host a conference call via X Spaces at 4:30 PM ET to discuss the results.
The call will be hosted by CEO Eric Langan, CFO Bradley Chhay, and Mark Moran of Equity Animal. Participants must join using a mobile device to ask questions during Q&A, while those who wish to listen only can access the X Space from a computer. The company will provide a presentation accessible through their investor relations website.
RCI Hospitality Holdings (Nasdaq: RICK) reports successful expansion of Favoritely.com, their social media platform, now reaching one-third of their adult nightclubs. The platform enables entertainers and staff to interact with fans, sell content, and arrange club meetings.
Key developments include:
- Expansion to 15 additional clubs across Dallas-Fort Worth, Minneapolis, and North Carolina
- Page views doubled, subscriptions and customer spending quadrupled
- Credit card accounts increased to 70% from 50% of subscribers
- Creator base grew from 100 to 500
The mobile-friendly platform features an 80% revenue share for creators, with monthly subscriptions averaging $4-$5. Notable success includes Rick's Cabaret Fort Worth VIP bartender featured on Paramount+'s "Landman" show, demonstrating increased customer engagement and club visits.
RCI Hospitality Holdings (Nasdaq: RICK) has acquired Platinum West Gentlemen's Club in West Columbia, South Carolina for $8.0 million. The purchase includes $3.75 million in cash and $2.5 million in seller financing at 7% for the club, plus $1.75 million cash for real estate.
The acquisition aligns with RCI's valuation target of 3-5x annualized adjusted EBITDA and marks their second club purchase under their new 5-Year 'Back to Basics' Capital Allocation Plan. The 10,000 square-foot venue is strategically located near Columbia Metropolitan Airport, downtown Columbia, and Fort Jackson.
Platinum West, the only upscale adult nightclub in central South Carolina, operates with extended hours throughout the week and maintains an established management team. The acquisition expands RCI's presence to seven clubs in Southeast states.