Welcome to our dedicated page for RCI Hospitality Holdings news (Ticker: RICK), a resource for investors and traders seeking the latest updates and insights on RCI Hospitality Holdings stock.
RCI Hospitality Holdings, Inc. reports company developments for an operating business built around adult nightclubs and Bombshells sports bars-restaurants. Updates commonly cover quarterly and annual results, segment sales, same-store performance, club acquisitions and openings, location closures or reformatting, and revenue mix across service, alcoholic beverages, food, merchandise, and other categories.
Recurring releases also address capital allocation, including cash dividends and share repurchase authorizations, as well as SEC report timing, Nasdaq compliance notices, and conference-call materials tied to Form 10-K and Form 10-Q filings. The company’s disclosures distinguish nightclub operations from the Bombshells restaurant and sports-bar concept and may exclude non-core operations from preliminary sales releases.
RCI Hospitality Holdings (Nasdaq: RICK) received a Nasdaq notice for noncompliance with Listing Rule 5250(c)(1) because it has not filed its Form 10-K for the year ended September 30, 2025. Nasdaq’s letter does not affect the listing immediately.
RCI has until March 31, 2026 to file the 10-K or submit a compliance plan; if accepted Nasdaq may extend compliance up to 180 days from the due date, effectively until June 29, 2026. The company intends to file the 10-K as soon as practicable and may appeal any adverse Nasdaq decision.
RCI Hospitality Holdings (Nasdaq: RICK) reported club and restaurant sales for 1Q FY26 (period ended Dec 31, 2025): Combined sales $70.3M (-0.9% vs. 1Q25). Nightclubs totaled $61.9M (+0.9%) with same-store sales down 5.8%; Bombshells totaled $8.4M (-12.6%) with same-store sales down 21.9%. Five new nightclubs generated $4.9M and two new Bombshells locations generated $1.8M. Management cited October–November customer uncertainty from the U.S. government shutdown but said higher-margin club service revenues rose year over year. The company plans to increase same-store sales, open Bombshells Rowlett, and sell underperforming properties to support buybacks, debt paydown, acquisitions, and dividends.
RCI Hospitality Holdings (Nasdaq: RICK) filed a Form 12b-25 notifying the SEC it needs more time to file its Form 10-K for the year ended September 30, 2025; a date for the final 4Q25 and FY25 results call will be announced later.
RCI reported preliminary unaudited results: Total revenues $279.4M for FY25 versus $295.6M a year earlier; Nightclubs $242.5M, Bombshells $35.8M. Cash was $33.7M and debt $235.8M at Sept 30, 2025.
Corporate actions include repurchasing 72,739 shares for $2.7M (8,684,061 shares outstanding at Sept 30, 2025), later acquiring 821,000 ADW-owned shares and other purchases reducing outstanding shares to 7,812,000 as of Dec 12, 2025; sale of one club for $600k plus a $180k annual lease; and sale of 49% of Rick's Cabaret Austin for $1.8M.
RCI Hospitality Holdings (Nasdaq: RICK) declared a $0.07 per share quarterly cash dividend for the fiscal 2026 first quarter ending December 31, 2025. The dividend is payable December 30, 2025 to holders of record at the close of business December 15, 2025. This payment marks RCI's 40th consecutive quarter of cash dividends. Since the dividend's initiation in fiscal 2016 Q2 at $0.03, the quarterly payout has increased by 133%.
RCI Hospitality Holdings (Nasdaq: RICK) announced on November 28, 2025 that the board named Travis Reese as Interim President and CEO and Albert Molina as Interim CFO.
Eric Langan stepped down as President and CEO and Bradley Chhay stepped down as CFO; both will remain employed by the company to advise subsidiaries on strategic transactions, budgeting, forecasting, capital allocation, M&A and integration.
Mr. Reese has served as Executive Vice President and a board member since 1999. Mr. Molina has been Director of Financial Reporting since joining RCI in 2016 and has prior public-company financial reporting and controller experience.
RCI Hospitality Holdings (Nasdaq: RICK) acquired 821,000 shares from ADW Capital Partners for $30.0 million (821,000 shares at $36.54 each), using $8.0 million cash and $22.0 million in two‑year seller financing at 12%. The transaction closed on November 21, 2025.
The purchase cuts shares outstanding by about 9.5% to ~7,850,000, accelerates a plan to reach 7.5 million shares by fiscal 2030, and the company says the deal is accretive to free cash flow per share from day one. The board approved the deal after a third‑party fairness opinion.
RCI Hospitality Holdings (Nasdaq: RICK) announced a strategic partnership with adult-club entrepreneur Jonathan Joseph, who acquired a 49% interest in Rick’s Cabaret Austin for $1.8 million in cash. The transaction closed on November 14, 2025.
The deal brings Joseph—owner of Yellow Rose Cabaret and Red Rose Adult Nightclub—into RCI’s leadership group alongside major shareholders Duncan Burch and Troy Lowrie and RCI CEO Eric Langan. Management said the partnership aims to add local management and marketing expertise to better reach key demographics in Austin and aligns with RCI’s Back to Basics 5-Year Capital Allocation Plan.
RCI Hospitality Holdings (Nasdaq: RICK) provided an update on asset sales under its Back to Basics 5-Year Capital Allocation Plan dated November 5, 2025. The company closed on the sale of a small club in Harlingen, TX for $600,000 cash plus a $180,000 annual lease beginning January 1, 2026.
RCI said three non-income producing properties have letters of intent or are under contract to sell for a combined $16.4 million with aggregate debt of $7.3 million. Four small clubs and five non-income producing properties are being marketed with an estimated combined value of $17.4 million and aggregate debt of $9.0 million.
RCI Hospitality Holdings (Nasdaq: RICK) said Bombshells Restaurant & Bar will offer a free entree to military veterans on Nov 11, 2025 at all 13 Texas and Colorado locations, with a 20% discount for active-duty service members on all menu items (alcohol excluded).
Bombshells will donate $1 from each fried pickle “Bayonets” order in November to PTSD Foundation of America’s Camp Hope and will run a Veterans Day social campaign across X, Facebook, Instagram and TikTok. Eligibility requires one form of military ID; offers exclude take-out and gift cards.
RCI Hospitality Holdings (Nasdaq: RICK) reported club and restaurant sales for 4Q25 and FY25 ending September 30, 2025, with full results due in the Form 10-K.
4Q25: Nightclubs $60.5M (+0.4%), Bombshells $9.4M (-21.2%), Combined $69.8M (-3.1%); nightclub same-store sales -4.4%, combined SSS -6.3%. FY25: Nightclubs $240.8M (-0.6%), Bombshells $35.8M (-29.2%), Combined $276.6M (-5.5%); FY25 nightclub SSS -2.1%.
Company cited acquisitions, reformatting, divestitures, and closures; development updates include Dallas reopening as XTC 2.0, a Bombshells opening in Rowlett in December, and Baby Dolls Fort Worth zoning approvals.