secwatch.observer — SEC 8-K summary
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Issuer:     RCI HOSPITALITY HOLDINGS, INC. (RICK)
CIK:        0000935419
Form:       8-K
Filed at:   2023-01-11T23:59:59+00:00
Accession:  0001628280-23-000857
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RCI reports 1Q23 club & restaurant sales $69.2M, up 13.3% YoY; same-store sales decline 2.7%
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- Nightclubs sales $55.9M (+20.7% YoY); same-store up 1.2%. Bombshells $13.3M (-9.7%); same-store down 13.9%.
- 1Q23 includes $15.3M from 15 clubs acquired in FY22; five more clubs acquired in 2Q23.
- RCI bought back 1,500 shares for ~$97.5k at avg $65.02 in 1Q23.
- Full 1Q23 financial results expected by Feb 9, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/935419/000162828023000857/0001628280-23-000857-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/935419/000162828023000857/rick-20230110.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-000857

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer