RCI Hospitality Holdings IncRICK
▲ PositiveCapitalrelevance
Q3 revenue and EPS beat, with EPS up 80% and debt reduction plan.
Impact on stocks 1
Consumer Discretionary
RCI Hospitality Holdings IncRCI 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.
RCI Hospitality Holdings IncQ3 revenue and EPS beat, with EPS up 80% and debt reduction plan.