- RCI Hospitality Holdings Inc RICK second-quarter FY23 sales for its Nightclubs and Bombshells restaurants of $70.8 million, up 12.3% year-on-year.
- Nightclubs sales grew 18.6% Y/Y to $56.6 million, and Bombshells sales declined 7.1% to $14.3 million.
- Sales do not include non-core operations and are preliminary and subject to final closing.
- The company expects to report full 2Q23 financial results on or around May 10.
- Eric Langan, President & CEO of RCI, said, "Sales of clubs owned prior to FY22 increased 2.1% YoY as we more than offset intermittent softness at some blue collar clubs and clubs affected by bad weather or other local conditions."
- Price Action: RICK shares are trading higher by 0.94% at $76.11 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
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!
Already a member?Sign in