Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
RCI Hospitality Holdings (RICK)
NASDAQ:RICK
Holding RICK?
Track your performance easily
Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.63Last Year’s EPS
0.87Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 11, 2019
|% Change Since: 2.28%
|Next Earnings Date:Aug 09, 2018
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed outlook, with significant achievements in share buybacks, dividend increases, and operational improvements. However, these were countered by declines in total sales and challenges in the Bombshells segment, reflecting the impact of external factors like hurricanes.Company Guidance
During the fourth quarter 2024 earnings call for RCI Hospitality Holdings, several key metrics and guidance were discussed. Same-store sales for Nightclubs increased for the second consecutive quarter, but total company sales experienced a decline due to disruptions caused by a hurricane and a fire, impacting EPS negatively. However, non-GAAP EPS increased by $1.63, and free cash flow rose to $48 million, with a CAGR of 14%. The company ended the fiscal year with 8.955 million shares outstanding, marking a 4.7% reduction year-over-year. RCI Hospitality has launched a "Back to the Basics" 5-year plan, targeting $400 million in revenue and $75 million in free cash flow by fiscal 2029 while aiming to reduce the share count to 7.5 million or less. The company anticipates generating over $250 million in free cash flow over the next five years, with planned allocations of 50% toward club acquisitions and 50% for share buybacks and dividends. The Nightclub segment is expected to maintain operating margins above 35%, while Bombshells is targeting a return to 15% operating margins. The company reported a reduction in debt by $7.2 million, bringing the debt to trailing 12-month adjusted EBITDA ratio to 3.28x. Looking forward, RCI plans to focus on club acquisitions, aiming for $6 million of adjusted EBITDA annually, and continues to evaluate the performance of its portfolio, considering rebranding or divesting underperforming locations.Share Buyback and Dividend Increase
RCI Hospitality Holdings reduced its share count by 4.7% year-over-year and increased its cash dividend by 16.7%.
Positive Same-Store Sales Growth
The Nightclub segment saw positive same-store sales growth for two consecutive quarters, indicating a recovery in this core business area.
Back to Basics 5-Year Plan
RCI aims to generate $250 million of free cash flow over the next 5 years, with targets including $400 million in revenue and $75 million in free cash flow by fiscal 2029.
Debt Reduction
RCI reduced debt by $7.2 million in the fourth quarter, with a declining debt-to-EBITDA ratio expected in fiscal year 2025.
Operational Improvements
The company divested underperforming Bombshells locations, closed the Denver Food Hall, and discontinued franchising to improve overall performance.
---
RICK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
RICK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 16, 2024 | $52.13 | $58.04 | +11.34% |
| Aug 08, 2024 | $43.72 | $46.37 | +6.06% |
| May 09, 2024 | $51.39 | $47.92 | -6.75% |
| Feb 08, 2024 | $60.46 | $56.68 | -6.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does RCI Hospitality Holdings (RICK) report earnings?
RCI Hospitality Holdings (RICK) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is RCI Hospitality Holdings (RICK) earnings time?
RCI Hospitality Holdings (RICK) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RICK EPS forecast?
RICK EPS forecast for the fiscal quarter 2025 (Q1) is 0.63.
---