RCI reports Q2 total sales $68.2M (+4.3% YoY); same-store sales down 1.9%

RCI HOSPITALITY HOLDINGS, INC.

Nightclubs total sales $59.8M (+4.7% YoY); same-store -0.7%. Bombshells total $8.4M (+1.6%); same-store -11.1%.
Five new or reformatted clubs contributed $4.8M; weather caused temporary weekend closures at several clubs.
Bombshells 59 test location increased sales 3.6%; company rolling out revised concept to other locations.
6-month combined sales $138.4M (+1.6%); same-store -5.0% (nightclubs -3.3%, Bombshells -16.7%).
Sales exclude non-core operations; company plans to divest underperforming clubs.

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