RCI reports Q4 nightclub same-store sales +2.2% but Bombshells -16.2%; repurchased $7.8M in shares

RCI HOSPITALITY HOLDINGS, INC.

Nightclub total Q4 sales $60.2M (-0.5% YoY); same-store +2.2% impacted by Hurricane Beryl and temporary closures.
Bombshells Q4 sales $11.9M (-12.2% YoY); same-store -16.2% due to Hurricane Beryl and sale of San Antonio location.
Full-year combined sales $292.7M (+0.7% YoY); nightclubs +3.1%, Bombshells -9.1%.
Repurchased 174,790 shares for $7.8M in Q4, 442,639 for $20.6M in FY24.
Expect full Q4 and FY24 results by Dec 16, 2024; plans to open six new locations in FY25.

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