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) announced a quarterly cash dividend of $0.06 per common share for the fiscal 2024 third quarter, ending June 30, 2024.
The dividend is payable on June 28, 2024, to shareholders on record as of June 14, 2024, with an ex-dividend date of June 13, 2024.
This marks the company's 34th consecutive quarterly cash dividend, demonstrating consistent returns to shareholders.
RCI Hospitality Holdings (Nasdaq: RICK) has declared its 34th consecutive quarterly cash dividend of $0.06 per common share for the fiscal third quarter of 2024.
The dividend is payable on June 28, 2024, to shareholders on record as of June 14, 2024, with an ex-dividend date also on June 14, 2024.
This consistent dividend payout emphasizes RCI's commitment to returning capital to its shareholders.
RCI Hospitality Holdings, Inc. (Nasdaq: RICK) reported 2Q24 results with total revenues of $72.3 million, a slight increase from last year. GAAP EPS was $0.08 due to non-cash impairment, while non-GAAP EPS was $0.90. The Nightclubs segment saw revenue growth to $59.4 million, and efforts in the Bombshells segment showed improvement. The company focuses on core operations, potential acquisitions, and stock buybacks. Non-GAAP financial measures were used to clarify performance.
RCI Hospitality Holdings, Inc. (Nasdaq: RICK) will release its fiscal 2024 second-quarter financial results on May 9, 2024. A conference call will be held at 4:30 PM ET, followed by a meet-and-greet event at Rick's Cabaret New York. Investors can join via X Space or webcast to ask questions or listen. Management, including President & CEO Eric Langan and CFO Bradley Chhay, will be present.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.