RCI Hospitality Provides Q1 Business Update, Shares Down

Zacks
09 Jan

RCI Hospitality Holdings, Inc. RICK provided an update on its business for the first quarter of fiscal 2025. The company expects to release first-quarter fiscal 2025 results by Feb. 10, 2025. Following the news, its shares declined 1.3% yesterday.

Details of RICK’s Revenues

During the fiscal first quarter, RICK reported total sales of $70.9 million, indicating a decline of 3.3% year over year.  Same-Store sales rose 2.3% year over year.
Sales from Nightclubs was $61.3 million, rising 1.2% year over year. Total sales were impacted by a rise in same-store sales, the addition of three new and reformatted clubs in Texas and the impact of losing a club due to a fire in July 2024.

Bombshells reported sales of $9.6 million in the latest quarter, marking a year-over-year decline of 24.7%. Total sales were influenced by the divestiture and closure of five locations during fourth-quarter fiscal 2024 and first-quarter fiscal 2025, a decline in same-store sales and a full quarter of operations from the Stafford, TX location, which opened in mid-November 2023. However, same-store sales experienced a significant decline of 7.5%.

Shares of the company have lost 46.9% in the past six months against the industry’s 9.9% growth.


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RICK’s Zacks Rank & Key Picks

RCI Hospitality currently has a Zacks Rank #5 (Strong Sell).

Some better-ranked stocks in the Zacks Consumer Discretionary sector are as follows:

Lindblad Expeditions Holdings, Inc. LIND currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here.

The stock has surged 18% in the past three months. The Zacks Consensus Estimate for LIND’s 2025 earnings indicates growth of 93.1% from the year-ago levels.

Norwegian Cruise Line Holdings Ltd. NCLH currently flaunts a Zacks Rank #1. NCLH delivered a trailing four-quarter earnings surprise of 4.2%, on average. The stock has surged 46.8% in the past year.

The Zacks Consensus Estimate for NCLH’s 2025 sales and earnings per share (EPS) indicates growth of 8.4% and 25%, respectively, from the year-ago levels.

Royal Caribbean Cruises Ltd. RCL currently carries a Zacks Rank #2 (Buy). RCL delivered a trailing four-quarter earnings surprise of 16.2%, on average. The stock has surged 82.4% in the past year.

The Zacks Consensus Estimate for RCL’s 2025 sales and EPS indicates growth of 9.5% and 23.8%, respectively, from the year-ago levels.













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