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RCI Reports 2Q25 Club & Restaurant Sales

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RCI Hospitality Holdings (NASDAQ: RICK) reported fiscal 2Q25 club and restaurant sales, showing overall combined sales of $65.4 million, representing an 8.9% decline year-over-year. The company's performance was impacted by severe weather conditions in January and February, forcing temporary closures of 18 clubs and Bombshells locations.

Nightclubs segment recorded sales of $57.1 million, down 3.1% year-over-year, with same-store sales declining 3.5%. The Bombshells segment saw sales of $8.2 million, marking a significant 35.6% decrease, with same-store sales down 13.4%.

Notable developments include:

  • Acquisition of Flight Club in Detroit (late January)
  • Opening of Bombshells Denver (late January)
  • Launch of Chicas Locas El Paso (March)
  • Previous divestiture and closure of underperforming Bombshells locations

For the first six months of fiscal 2025, combined sales reached $136.2 million, showing a 6.1% decrease compared to the same period last year.

RCI Hospitality Holdings (NASDAQ: RICK) ha riportato le vendite di club e ristoranti per il secondo trimestre fiscale 2025, mostrando vendite complessive di $65.4 milioni, con una diminuzione dell'8.9% rispetto all'anno precedente. Le performance dell'azienda sono state influenzate da condizioni meteorologiche avverse a gennaio e febbraio, che hanno costretto alla chiusura temporanea di 18 club e sedi di Bombshells.

Il segmento dei nightclubs ha registrato vendite di $57.1 milioni, in calo del 3.1% rispetto all'anno precedente, con vendite negli stessi negozi in diminuzione del 3.5%. Il segmento Bombshells ha visto vendite di $8.2 milioni, segnando una significativa diminuzione del 35.6%, con vendite negli stessi negozi in calo del 13.4%.

Sviluppi notevoli includono:

  • Acquisizione di Flight Club a Detroit (fine gennaio)
  • Apertura di Bombshells Denver (fine gennaio)
  • Lancio di Chicas Locas El Paso (marzo)
  • Precedente disinvestimento e chiusura di sedi Bombshells non performanti

Per i primi sei mesi del fiscale 2025, le vendite combinate hanno raggiunto $136.2 milioni, mostrando una diminuzione del 6.1% rispetto allo stesso periodo dell'anno scorso.

RCI Hospitality Holdings (NASDAQ: RICK) informó sobre las ventas de clubes y restaurantes del segundo trimestre fiscal 2025, mostrando ventas combinadas de $65.4 millones, lo que representa una disminución del 8.9% en comparación con el año anterior. El desempeño de la empresa se vio afectado por condiciones climáticas severas en enero y febrero, lo que obligó al cierre temporal de 18 clubes y ubicaciones de Bombshells.

El segmento de discotecas registró ventas de $57.1 millones, una caída del 3.1% en comparación con el año anterior, con ventas en las mismas tiendas disminuyendo un 3.5%. El segmento de Bombshells vio ventas de $8.2 millones, marcando una disminución significativa del 35.6%, con ventas en las mismas tiendas bajando un 13.4%.

Desarrollos notables incluyen:

  • Adquisición de Flight Club en Detroit (finales de enero)
  • Apertura de Bombshells Denver (finales de enero)
  • Lanzamiento de Chicas Locas El Paso (marzo)
  • Desinversión previa y cierre de ubicaciones de Bombshells con bajo rendimiento

Durante los primeros seis meses del año fiscal 2025, las ventas combinadas alcanzaron $136.2 millones, mostrando una disminución del 6.1% en comparación con el mismo período del año pasado.

RCI Hospitality Holdings (NASDAQ: RICK)는 2025 회계연도 2분기 클럽 및 레스토랑 판매를 보고하며, 총 판매액이 $65.4 백만으로, 전년 대비 8.9% 감소했다고 발표했습니다. 회사의 실적은 1월과 2월의 악천후로 인해 18개 클럽과 Bombshells 지점의 임시 폐쇄로 영향을 받았습니다.

나이트클럽 부문은 $57.1 백만의 판매를 기록하며, 전년 대비 3.1% 감소하였고, 동일 매장 판매는 3.5% 감소했습니다. Bombshells 부문은 $8.2 백만의 판매를 기록하며, 35.6%의 큰 감소를 보였고, 동일 매장 판매는 13.4% 감소했습니다.

주목할 만한 발전 사항은 다음과 같습니다:

  • 디트로이트의 Flight Club 인수 (1월 말)
  • Bombshells 덴버 오픈 (1월 말)
  • Chicas Locas 엘파소 출시 (3월)
  • 저조한 성과를 보인 Bombshells 지점의 이전 매각 및 폐쇄

2025 회계연도 상반기 동안, 총 판매액은 $136.2 백만에 달하며, 전년 동기 대비 6.1% 감소했습니다.

RCI Hospitality Holdings (NASDAQ: RICK) a annoncé les ventes de clubs et de restaurants pour le deuxième trimestre de l'exercice 2025, affichant des ventes combinées de $65.4 millions, représentant une baisse de 8.9% par rapport à l'année précédente. La performance de l'entreprise a été impactée par des conditions météorologiques sévères en janvier et février, entraînant la fermeture temporaire de 18 clubs et emplacements Bombshells.

Le segment des discothèques a enregistré des ventes de $57.1 millions, en baisse de 3.1% par rapport à l'année précédente, avec des ventes dans les mêmes magasins en baisse de 3.5%. Le segment Bombshells a vu des ventes de $8.2 millions, marquant une baisse significative de 35.6%, avec des ventes dans les mêmes magasins en baisse de 13.4%.

Les développements notables incluent:

  • Acquisition de Flight Club à Detroit (fin janvier)
  • Ouverture de Bombshells Denver (fin janvier)
  • Lancement de Chicas Locas El Paso (mars)
  • Antécédent de désinvestissement et fermeture de sites Bombshells sous-performants

Pour les six premiers mois de l'exercice 2025, les ventes combinées ont atteint $136.2 millions, affichant une diminution de 6.1% par rapport à la même période l'année dernière.

RCI Hospitality Holdings (NASDAQ: RICK) hat die Verkaufszahlen von Clubs und Restaurants für das zweite Quartal des Geschäftsjahres 2025 veröffentlicht, die einen Gesamtumsatz von $65.4 Millionen zeigen, was einem Rückgang von 8.9% im Vergleich zum Vorjahr entspricht. Die Leistung des Unternehmens wurde durch schwere Wetterbedingungen im Januar und Februar beeinträchtigt, was zur vorübergehenden Schließung von 18 Clubs und Bombshells-Standorten führte.

Der Nachtclub-Segment verzeichnete einen Umsatz von $57.1 Millionen, was einem Rückgang von 3.1% im Vergleich zum Vorjahr entspricht, während die Same-Store-Verkäufe um 3.5% zurückgingen. Das Bombshells-Segment verzeichnete einen Umsatz von $8.2 Millionen, was einen signifikanten Rückgang von 35.6% bedeutet, wobei die Same-Store-Verkäufe um 13.4% fielen.

Bemerkenswerte Entwicklungen umfassen:

  • Übernahme von Flight Club in Detroit (Ende Januar)
  • Eröffnung von Bombshells Denver (Ende Januar)
  • Start von Chicas Locas El Paso (März)
  • Vorherige Veräußerung und Schließung von schlecht laufenden Bombshells-Standorten

In den ersten sechs Monaten des Geschäftsjahres 2025 beliefen sich die kombinierten Verkäufe auf $136.2 Millionen, was einem Rückgang von 6.1% im Vergleich zum gleichen Zeitraum des Vorjahres entspricht.

Positive
  • Strategic expansion with three new locations in Q2
  • Sales showed improvement in March with warmer weather
Negative
  • Combined sales declined 8.9% year-over-year to $65.4M
  • Nightclubs same-store sales decreased 3.5%
  • Bombshells segment saw sharp 35.6% revenue decline
  • Bombshells same-store sales dropped 13.4%
  • Loss of revenue from one club closed due to fire

Insights

RCI Hospitality's Q2 fiscal 2025 results reveal concerning revenue trends across both business segments. Total sales declined 8.9% year-over-year to $65.4 million, with nightclubs down 3.1% and Bombshells restaurants plummeting 35.6%.

While management attributes performance issues primarily to severe weather impacts and strategic divestitures, the same-store sales figures tell a more troubling story. Even established nightclub locations saw a 3.5% same-store sales decline, while Bombshells' comparable locations dropped a substantial 13.4%. These metrics suggest challenges beyond weather and portfolio adjustments.

The company's strategic decisions present a mixed picture. The aggressive pruning of underperforming Bombshells locations (five closed in recent quarters) demonstrates management's willingness to address problems, but raises questions about the concept's overall viability given the double-digit same-store sales decline at remaining locations.

More promising is RCI's continued expansion in its core nightclub business with new venues in Detroit and El Paso, suggesting management remains confident in this segment despite recent headwinds. The slight improvement in March performance mentioned by CEO Langan provides modest optimism, but the significant revenue declines demand close monitoring of future quarters to determine if this represents a temporary setback or a more persistent trend.

HOUSTON--(BUSINESS WIRE)-- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) reported club and restaurant sales for the fiscal second quarter ended March 31, 2025. Sales do not include non-core operations and are subject to final closing. Full 2Q25 financial results are expected to be reported by May 12, 2025.

Eric Langan, President & CEO of RCI, commented: “Due to bad weather in January and February, 18 clubs and Bombshells had to close 1 or 2 days each. Even if they were able to open, a number of those and other locations experienced slower business, particularly on weekends when temperatures were below zero or had heavy snow and ice, for example, in Dallas and Houston. Then sales began to improve in March with warmer temperatures.”

“The quarter also included the acquisition of Flight Club in Detroit and the opening of Bombshells Denver, both in late January, and the opening of Chicas Locas El Paso in March. Year over year, most of the second quarter’s sales decline was due to the previously announced divestiture and closure of underperforming Bombshells locations.”

Club & Restaurant Sales ($ in Millions)

2Q25

Total Sales

Total Sales vs. 2Q24

Same-Store Sales vs. 2Q24

Nightclubs

$57.1

-3.1%

-3.5%

Bombshells

$8.2

-35.6%

-13.4%

Combined

$65.4

-8.9%

-4.7%

Nightclubs: Total sales reflected the decrease in SSS and the absence of a club due to fire in July 2024, partially offset by five new and reformatted clubs not in SSS (three for the whole quarter, Flight Club starting in late January, and Chicas Locas El Paso starting in early March).

Bombshells: Total sales primarily reflected the divestiture and closing of five locations in 4Q24 and 1Q25 and the decline in SSS, partially offset by two locations not in SSS (Stafford, TX, and Denver, CO).

6M25

Total Sales

Total Sales vs. 6M24

Same-Store Sales vs. 6M24

Nightclubs

$118.4

-0.9%

0.0%

Bombshells

$17.8

-30.1%

-10.4%

Combined

$136.2

-6.1%

-1.2%

Notes: Revenues from non-core operations, such as third-party rents, and revenues from RCI’s Other segment, are not included in the sales above. All references to “RCI Hospitality Holdings, Inc.,” “company,” “we,” “our,” and similar terms refer to RCI and/or its subsidiaries, unless the context indicates otherwise.

About RCI Hospitality Holdings, Inc. (Nasdaq: RICK) (X: @RCIHHinc)

With more than 60 locations, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country’s leading company in adult nightclubs and sports bars-restaurants. See all of our brands at www.rcihospitality.com.

Forward-Looking Statements

This press release may contain forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated, including, but not limited to, the risks and uncertainties associated with (i) operating and managing an adult entertainment or restaurant business, (ii) the business climates in cities where it operates, (iii) the success or lack thereof in launching and building the company's businesses, (iv) cyber security, (v) conditions relevant to real estate transactions, and (vi) numerous other factors such as laws governing the operation of adult entertainment or restaurant businesses, competition and dependence on key personnel. For more detailed discussion of such factors and certain risks and uncertainties, see RCI's annual report on Form 10-K for the year ended September 30, 2024, as well as its other filings with the U.S. Securities and Exchange Commission. The company has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances.

Media & Investor Contacts

Gary Fishman and Michael Wichman at 212-532-3232 or gfishman@pondel.com or mwichman@pondel.com

Source: RCI Hospitality Holdings, Inc.

FAQ

What caused RCI Hospitality (RICK) sales decline in Q2 2025?

Sales declined due to severe weather in January-February affecting 18 locations, a club closure due to fire, and the strategic divestiture of underperforming Bombshells locations.

How much did RICK's Nightclub segment revenue decrease in Q2 2025?

Nightclub segment revenue decreased by 3.1% to $57.1 million, with same-store sales declining 3.5%.

What new locations did RICK open in Q2 2025?

RICK acquired Flight Club in Detroit, opened Bombshells Denver (both in late January), and launched Chicas Locas El Paso in March.

How did RICK's Bombshells segment perform in Q2 2025?

Bombshells segment saw a 35.6% decline in total sales to $8.2 million, with same-store sales dropping 13.4%.

What are RICK's year-to-date sales figures for fiscal 2025?

Combined sales for the first six months of fiscal 2025 reached $136.2 million, down 6.1% year-over-year.
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