RCI Hospitality (NASDAQ:RICK) Issues Quarterly Earnings Results

Posted by Brian Himes on Aug 6th, 2026

RCI Hospitality (NASDAQ:RICK – Get Free Report) released its quarterly earnings data on Thursday. The restaurant operator reported $0.90 earnings per share for the quarter, FiscalAI reports. The company had revenue of $73.94 million during the quarter. RCI Hospitality had a negative net margin of 2.31% and a negative return on equity of 2.61%.

Here are the key takeaways from RCI Hospitality’s conference call:

Third-quarter profitability improved: Revenue rose 4% to $73.9 million, net income attributable to shareholders increased 57% to $6.4 million, and adjusted EBITDA grew 10% to $16.9 million.
Bombshells showed a significant turnaround: Revenue increased 25.4% to $10.8 million, while operating income rose to $759,000 from $67,000 as management shifted the concept toward a higher-margin, bar-oriented model and improved late-night traffic.
RCI accelerated debt reduction: The company paid down $8.6 million of debt during the quarter and expects nearly $25 million of debt reduction over the recent period, while refinancing some obligations to lower interest costs and extend maturities.
Management expects sports-driven traffic to support results through the fall and winter, citing football, basketball, hockey, baseball and planned game-watching promotions; it also indicated Bombshells’ July performance was improving.
Share repurchases were temporarily paused while the company prioritized debt repayment and acquisition preparation, although management hopes to resume buybacks around the start of the next fiscal year. Commercial real estate market conditions are also slowing planned property sales, and management declined to discuss the details of the New York legal case beyond reiterating the not-guilty pleas.

RCI Hospitality Stock Performance

Shares of NASDAQ:RICK traded up $0.29 during trading on Thursday, hitting $26.24. The company’s stock had a trading volume of 66,190 shares, compared to its average volume of 34,736. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.55 and a quick ratio of 0.49. The company has a 50-day moving average of $26.41 and a 200-day moving average of $24.75. RCI Hospitality has a 12 month low of $20.76 and a 12 month high of $38.25.

RCI Hospitality Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.32 annualized dividend and a dividend yield of 1.2%. RCI Hospitality’s dividend payout ratio is presently -41.03%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in RICK. Vanguard Group Inc. lifted its stake in shares of RCI Hospitality by 2.9% in the 3rd quarter. Vanguard Group Inc. now owns 516,933 shares of the restaurant operator’s stock valued at $15,772,000 after purchasing an additional 14,603 shares during the last quarter. Steel Partners Holdings L.P. bought a new stake in RCI Hospitality in the fourth quarter worth about $7,459,000. State Street Corp lifted its stake in shares of RCI Hospitality by 0.4% during the 4th quarter. State Street Corp now owns 185,138 shares of the restaurant operator’s stock worth $4,414,000 after acquiring an additional 698 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of RCI Hospitality by 4.2% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 178,588 shares of the restaurant operator’s stock worth $5,449,000 after acquiring an additional 7,140 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in RCI Hospitality by 30.1% during the 4th quarter. AQR Capital Management LLC now owns 99,461 shares of the restaurant operator’s stock valued at $2,371,000 after acquiring an additional 23,015 shares during the period. 53.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of RCI Hospitality in a report on Wednesday, June 3rd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

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RCI Hospitality Company Profile

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RCI Hospitality Holdings, Inc operates as a diversified hospitality and entertainment company focused on the ownership and operation of adult nightclubs and themed sports bars throughout the United States and select international markets. The company’s U.S. Nightclub segment includes venues branded as Rick’s Cabaret, Club Onyx and various other upscale adult entertainment clubs, offering private dance experiences, VIP services and live performances. Its Restaurant & Bar segment operates Bombshells, a brunch-themed sports bar chain featuring chef-driven menus, craft cocktails and game-day viewing in a military-inspired setting.

In addition to its brick-and-mortar venues, RCI Hospitality deploys proprietary digital platforms for talent recruitment, training and scheduling, helping to streamline operations and drive customer engagement.