RCI Hospitality Holdings Inc

RCI Hospitality Holdings, Inc. operates hospitality and related businesses in the United States through its subsidiaries. It operates through the Nightclubs, Bombshells, and Other segments. The company owns and/or operates upscale adult nightclubs under various brands, including Rick's Cabaret, Jaguars Club, Tootsie's Cabaret, and others, as well as a dance club under the Studio 80 brand. It also owns and operates restaurants and sports bars under the Bombshells Restaurant & Bar brand. In addition, it owns national industry conventions, trade shows, trade publications, and award shows, as well as industry and social media websites serving the adult nightclubs and adult retail products industries. It holds a license to sell Robust Energy Drink in the United States. The company was formerly known as Rick's Cabaret International, Inc. and changed its name to RCI Hospitality Holdings, Inc. in August 2014. It was founded in 1983 and is headquartered in Houston, Texas.

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RCI Hospitality Q3 revenue rises 4% to $73.9 million

RCI Hospitality Holdings reported fiscal third-quarter revenue of $73.9 million, up 4% year over year, with GAAP EPS of $0.83, an 80% increase. The Bombshells segment revenue grew 25.4% to $10.8 million, driven by three new locations and 4.7% same-store sales growth, while Nightclubs revenue rose 1% to a record $63.0 million. Total debt declined by $8.6 million to $240.1 million, and management plans an additional $25 million reduction over the next three months, including anticipated property sales. The company paused share repurchases in May and June to prioritize debt paydowns, with a resumption expected around October 1, 2026.

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