RCI Hospitality Clocks 91.6% Sales Growth In Q4 For Nightclubs, Bombshells Restaurants

Loading...
Loading...
  • RCI Hospitality Holdings Inc RICK reported fourth-quarter FY21 total sales for Nightclubs and Bombshells restaurants of $54.4 million, representing 91.6% year-on-year growth and 23.5% against 4Q19.
  • Combined Same-store sales rose 2.1% versus last year and 16.2% compared to 4Q19.
  • Nightclubs sales totaled $40.0 million, up 211.0% Y/Y and 12.6% from 4Q19. Bombshells sales totaled $14.4 million, down 7.3% Y/Y and up 68.8% from 4Q19. 
  • RCI Hospitality also reported sales of $192.4 million for Nightclubs and Bombshells restaurants in the fiscal year 2021, representing a 47.7% growth Y/Y and 8.2% against FY19.
  • The same-store sales increased 1.5% versus last year and 12.9% compared to FY19.
  • "The current first quarter should benefit from our typical seasonal sales increase from the fourth quarter," said CEO Eric Langan.
  • Price Action: RICK shares are trading higher by 0.09% at $69.81 on the last check Tuesday.
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsSmall CapBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...