RCI Hospitality Reports 61% Sales Growth In Q1 For Nightclubs, Bombshells Restaurants

  • RCI Hospitality Holdings Inc RICK reported sales of $61.1 million for its Nightclubs and Bombshells restaurants for the first quarter of fiscal 2022, a 61.6% increase year-on-year.
  • “We didn't experience any noticeable impact from Omicron until late 1Q22 and hope it will cycle through our markets quickly,” said CEO Eric Langan.
  • The company reported a 21.8% increase in same-store sales for the quarter.
  • Price Action: RICK shares are trading lower by 2.48% at $88.79 on the last check Monday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
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!