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RCI Hospitality Provides Q2 Business Update, Shares Down
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RCI Hospitality Holdings, Inc. (RICK - Free Report) provided an update on its business for the second quarter of fiscal 2025. The company expects to release second-quarter fiscal 2025 results by May 12, 2025. Following the news, its shares declined 7.2% yesterday.
Details of RICK’s Q2 Revenues
During the fiscal second quarter, RICK reported total sales of $65.4 million, indicating a decline of 8.9% year over year. Same-store sales declined 4.7% year over year.
Sales from Nightclubs were $57.1 million, down 3.1% year over year. The company’s sales were impacted by a decline in same-store sales and the temporary closure of one club due to a fire in July 2024. However, these factors were partially offset by contributions from five new or remodeled clubs that are not yet included in same-store sales metrics. Moreover, same-store sales experienced a decline of 3.5%.
Bombshells reported sales of $8.2 million in the latest quarter, marking a year-over-year decline of 35.6%. Total sales were influenced by the divestiture and closure of five locations during fourth-quarter fiscal 2024 and first-quarter fiscal 2025. Moreover, same-store sales experienced a significant decline of 13.4%.
Shares of the company have lost 29.6% in the past year compared with the industry’s 15.1% decline.
Image Source: Zacks Investment Research
RICK’s Zacks Rank & Other Key Picks
RCI Hospitality currently sports a Zacks Rank #1 (Strong Buy).
Some other top-ranked stocks in the Zacks Consumer Discretionary sector are WW International, Inc. , Life Time Group Holdings, Inc. (LTH - Free Report) and Carnival Corporation & plc (CCL - Free Report) .
WW delivered a trailing four-quarter earnings surprise of 88.2%, on average. The stock has dropped 55.1% year to date. The Zacks Consensus Estimate for WW International’s 2025 sales implies a decline of 2.3%, while the same for earnings per share (EPS) indicates growth of 48.8% from the year-ago levels.
Life Time Group presently sports a Zacks Rank of 1. LTH delivered a trailing four-quarter earnings surprise of 21.6%, on average. The stock has gained 47.1% year to date.
The consensus estimate for Life Time Group’s 2025 sales and EPS implies growth of 12.9% and 37.9%, respectively, from the year-ago levels.
Carnival currently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter earnings surprise of negative 458.4%, on average. The stock has gained 11.6% in the past year.
The Zacks Consensus Estimate for Carnival’s 2025 sales and EPS indicates growth of 4.2% and 30.3%, respectively, from year-ago levels.
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RCI Hospitality Provides Q2 Business Update, Shares Down
RCI Hospitality Holdings, Inc. (RICK - Free Report) provided an update on its business for the second quarter of fiscal 2025. The company expects to release second-quarter fiscal 2025 results by May 12, 2025. Following the news, its shares declined 7.2% yesterday.
Details of RICK’s Q2 Revenues
During the fiscal second quarter, RICK reported total sales of $65.4 million, indicating a decline of 8.9% year over year. Same-store sales declined 4.7% year over year.
Sales from Nightclubs were $57.1 million, down 3.1% year over year. The company’s sales were impacted by a decline in same-store sales and the temporary closure of one club due to a fire in July 2024. However, these factors were partially offset by contributions from five new or remodeled clubs that are not yet included in same-store sales metrics. Moreover, same-store sales experienced a decline of 3.5%.
Bombshells reported sales of $8.2 million in the latest quarter, marking a year-over-year decline of 35.6%. Total sales were influenced by the divestiture and closure of five locations during fourth-quarter fiscal 2024 and first-quarter fiscal 2025. Moreover, same-store sales experienced a significant decline of 13.4%.
Shares of the company have lost 29.6% in the past year compared with the industry’s 15.1% decline.
Image Source: Zacks Investment Research
RICK’s Zacks Rank & Other Key Picks
RCI Hospitality currently sports a Zacks Rank #1 (Strong Buy).
Some other top-ranked stocks in the Zacks Consumer Discretionary sector are WW International, Inc. , Life Time Group Holdings, Inc. (LTH - Free Report) and Carnival Corporation & plc (CCL - Free Report) .
WW International currently sports a Zacks Rank of 1. You can see the complete list of today’s Zacks Rank #1 stocks here.
WW delivered a trailing four-quarter earnings surprise of 88.2%, on average. The stock has dropped 55.1% year to date. The Zacks Consensus Estimate for WW International’s 2025 sales implies a decline of 2.3%, while the same for earnings per share (EPS) indicates growth of 48.8% from the year-ago levels.
Life Time Group presently sports a Zacks Rank of 1. LTH delivered a trailing four-quarter earnings surprise of 21.6%, on average. The stock has gained 47.1% year to date.
The consensus estimate for Life Time Group’s 2025 sales and EPS implies growth of 12.9% and 37.9%, respectively, from the year-ago levels.
Carnival currently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter earnings surprise of negative 458.4%, on average. The stock has gained 11.6% in the past year.
The Zacks Consensus Estimate for Carnival’s 2025 sales and EPS indicates growth of 4.2% and 30.3%, respectively, from year-ago levels.