RCI Hospitality ( (RICK) ) has released its Q3 earnings. Here is a breakdown of the information RCI Hospitality presented to its investors.
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RCI Hospitality Holdings, Inc. is a leading company in the adult nightclubs and sports bars-restaurants sector in the United States, operating over 60 locations through its subsidiaries.
In its fiscal third-quarter earnings report for 2025, RCI Hospitality Holdings showed a mixed financial performance with a slight decline in total revenues compared to the previous year, but a notable improvement in earnings per share (EPS) and net income attributable to common stockholders.
Key financial highlights include total revenues of $71.1 million, a decrease from $76.2 million in the same quarter last year. However, the company reported a positive EPS of $0.46, a significant turnaround from a loss of $0.56 per share in the prior year. The net income attributable to RCIHH common stockholders was $4.1 million, compared to a loss of $5.2 million in the previous year. The company also reported a decrease in impairments and other charges, contributing positively to its profitability.
Strategically, RCI continued its Back to Basics 5-Year Capital Allocation Plan by acquiring new properties and opening new locations, including Rick’s Cabaret and Steakhouse in Colorado and a Bombshells in Texas. The company also repurchased common shares, reflecting confidence in its financial health.
Looking ahead, RCI Hospitality Holdings remains focused on executing its strategic initiatives and optimizing its operations to enhance shareholder value, despite economic uncertainties and industry challenges.