Profile
Sector:
Consumer CyclicalIndustry:
RestaurantsCountry:
United StatesIPO:
13 October 1995Website:
http://www.rcihospitality.comNext earnings report:
09 August 2024Last dividends:
14 June 2024Next dividends:
N/APrice
after hours | Mon, 01 Jul 2024 20:03:15 GMTAnalysts recommendations
Institutional Ownership
RICK Latest News
Earnings are moving in the wrong direction, hurting business for this entertainment company.
RCI Hospitality (RICK) lacks the necessary elements for a potential earnings surprise in its upcoming report. Be ready with the important expectations.
RCI Hospitality (RICK) sees strong sales from Nightclubs boosting its fiscal second-quarter revenue.
RCI Hospitality Holdings is currently undervalued at $55.83 per share compared to its price target of $64.80 per share based on its regular operations. The company's two new casinos in Central City, CO, are anticipated to greatly increase RICK's revenue. With these new additions, RCI Hospitality Holdings could potentially see its share price target range from $72.83 to $88.03 per share.
RCI Hospitality Holdings, Inc. (NASDAQ:RICK) will be hosting their Q2 2024 Sales Conference on April 9, 2024 at 4:30 PM ET. The conference will feature CEO Mark Moran and President and CEO Eric Langan. Other participants include Scott Buck from H.C. Wainwright, Anthony Lebiedzinski from Sidoti & Company, Robert McGuire from Granite Research, and Adam Wyden from ADW Capital Management. Mark Moran will open the call with welcoming remarks.
RCI Hospitality Holdings, Inc. (RICK) Q1 2024 Earnings Call Transcript
RCI Hospitality (RICK) came out with quarterly earnings of $0.77 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $1.19 per share a year ago.
RCI Hospitality's (RICK) fiscal first-quarter top line benefits from acquisitions and new locations. Also, strength in Nightclubs performance added to the positives.
RCI Hospitality (RICK) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.45 per share a year ago.
RCI Hospitality Holdings Inc.'s stock RICK, -5.14% fell another 5% on Thursday to bring its week-to-date losses to 9%, after the operator of adult nightclubs, or strip clubs, offered an update on its business that lagged analyst estimates. The Houston-based company, which also operates Bombshells restaurants, said this week that sales came to $74.1 million in its fiscal fourth quarter, up 5.6% from the year-earlier period, but below the $76.6 million FactSet consensus.
What type of business is RCI Hospitality Holdings?
RCI Hospitality Holdings, Inc., through its subsidiaries, engages in the hospitality and related businesses in the United States. The company operates through Nightclubs, Bombshells, and Other segments. It owns and/or operates upscale adult nightclubs serving primarily businessmen and professionals under the Rick's Cabaret, Jaguars Club, Tootsie's Cabaret, XTC Cabaret, Club Onyx, Hoops Cabaret and Sports Bar, Scarlett's Cabaret, Temptations Adult Cabaret, Foxy's Cabaret, Vivid Cabaret, Downtown Cabaret, Cabaret East, The Seville, Silver City Cabaret, and Kappa Men's Club. The company also operates restaurants and sports bars under the Bombshells Restaurant & Bar brand, as well as a dance club under the Studio 80 brand. In addition, it owns two national industry trade publications serving the adult nightclubs industry and the adult retail products industry; a national industry convention and tradeshow; and two national industry award shows, as well as approximately a dozen industry and social media Websites. Further, RCI Hospitality Holdings, Inc. holds license to sell Robust Energy Drink in the United States. The company was formerly known as Rick's Cabaret International, Inc. and changed its name to RCI Hospitality Holdings, Inc. in August 2014. RCI Hospitality Holdings, Inc. was founded in 1983 and is based in Houston, Texas.
What sector is RCI Hospitality Holdings in?
RCI Hospitality Holdings is in the Consumer Cyclical sector
What industry is RCI Hospitality Holdings in?
RCI Hospitality Holdings is in the Restaurants industry
What country is RCI Hospitality Holdings from?
RCI Hospitality Holdings is headquartered in United States
When did RCI Hospitality Holdings go public?
RCI Hospitality Holdings initial public offering (IPO) was on 13 October 1995
What is RCI Hospitality Holdings website?
https://www.rcihospitality.com
Is RCI Hospitality Holdings in the S&P 500?
No, RCI Hospitality Holdings is not included in the S&P 500 index
Is RCI Hospitality Holdings in the NASDAQ 100?
No, RCI Hospitality Holdings is not included in the NASDAQ 100 index
Is RCI Hospitality Holdings in the Dow Jones?
No, RCI Hospitality Holdings is not included in the Dow Jones index
When does RCI Hospitality Holdings report earnings?
The next expected earnings date for RCI Hospitality Holdings is 09 August 2024