secwatch.observer — SEC 8-K summary
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Issuer:     RCI HOSPITALITY HOLDINGS, INC. (RICK)
CIK:        0000935419
Form:       8-K
Filed at:   2024-10-08T23:59:59+00:00
Accession:  0001628280-24-042486
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/935419/000162828024042486/0001628280-24-042486-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/935419/000162828024042486/rick-20241008.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-042486

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