RCI Hospitality Reports Q1 2025 Sales, Nightclubs $61.3M; Bombshells $9.6M; Combined Total Sales Of $70.9M
Benzinga Newsdesk 1 year ago
EarningsNews
RCI Hospitality Holdings, Inc. (NASDAQ:RICK) reported club and restaurant sales for the fiscal first quarter ended December 31, 2024. Sales do not include non-core operations and are subject to final closing. Full 1Q25
RCI Hospitality Holdings, Inc. (NASDAQ:RICK) reported club and restaurant sales for the fiscal first quarter ended December 31, 2024. Sales do not include non-core operations and are subject to final closing. Full 1Q25 financial results are expected to be reported by February 10, 2025.
Eric Langan, President & CEO of RCI, commented: "We're pleased to report that Nightclubs same-store sales increased year-over-year for the third quarter in a row. The decline in total Bombshells sales primarily reflected the previously announced divestiture and closing of underperforming locations."
Club & Restaurant Sales ($ in Millions)
| 1Q25 | Total Sales | Total Sales vs. 1Q24 | Same-Store Sales vs. 1Q24 |
| Nightclubs | $61.3 | +1.2 % | +3.7 % |
| Bombshells | $9.6 | -24.7 % | -7.5 % |
| Combined | $70.9 | -3.3 % | +2.3 % |