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RCI Hospitality reports Q1 club and restaurant sales
The Fly

RCI Hospitality reports Q1 club and restaurant sales

Reports Q1 combined total sales of $70.9M, down 3.3% vs. last year. SSS were up 2.3%. Reports Q1 bombshells total sales of $9.6M, down 24.7% vs. last year. SSS were down 7.5%. Reports Q1 nightclubs sales $61.3M, up 1.2% vs. last year. SSS were up 3.7%. Eric Langan, President & CEO of RCI, commented: “We’re pleased to report that Nightclubs same-store sales increased year-over-year for the third quarter in a row. The decline in total Bombshells sales primarily reflected the previously announced divestiture and closing of underperforming locations.”

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