RCI reports 3Q23 preliminary sales $76.4M (+8.9% YoY); same-store sales down 9.6%

RCI HOSPITALITY HOLDINGS, INC.

Nightclubs sales $62.0M (+14.1% YoY); same-store sales fell 7.3%, first decline after 9 consecutive quarterly increases.
Bombshells sales $14.4M (-9.0% YoY); same-store sales dropped 18.2%.
Acquisitions contributed $12.2M to nightclubs and $1.8M to Bombshells; macro uncertainty cited as headwind.
New club openings in Fort Worth & Lubbock expected in FY24; Bombshells Stafford opening in 4Q23.
Full 3Q23 financial results expected on or around August 9, 2023.

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