RCI Q2 sales $71.7M, up 1.3% YoY; same-store sales drop 8.6%

RCI HOSPITALITY HOLDINGS, INC.

2024-Q2 EPS reported $0.85 revenue$146,190,000

Nightclubs sales $59.0M (+4.2% YoY); same-store sales declined 5.7%.
Bombshells sales $12.8M (-10.4% YoY); same-store sales fell 20.5%.
Repurchased 27,265 shares for $1.5M in Q2; remaining authorization $13M.
New $20M bank loan at 8.25% fixed, 10-year, secured by 9 properties appraised at $31.6M.
Development: PT's Centerfold opened in Lubbock; Scarlett's received 24-hr liquor license; Bombshells locations expected late summer 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

RCI HOSPITALITY HOLDINGS, INC. reported second fiscal quarter ended March 31, 2024 results: revenue $71.7 million.

Period: second fiscal quarter ended March 31, 2024
Revenue: $71.7 million
Result: preliminary results

Exact text from the filing

RCI Hospitality Holdings, Inc. (Nasdaq: RICK) reported sales for its Nightclubs and Bombshells restaurants for the fiscal second quarter ended March 31, 2024 of $71.7 million, an increase of 1.3% or $0.9 million compared to the year-ago period.

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Source: SEC EDGAR

accession 0001628280-24-015445

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