RCI Hospitality Clocks 91.6% Sales Growth In Q4 For Nightclubs, Bombshells Restaurants

Benzinga2021-10-13

RCI Hospitality Holdings Inc (NASDAQ:RICK) reported fourth-quarter FY21 total sales for Nightclubs and Bombshells restaurants of $54.4 million, representing 91.6% year-on-year growth and 23.5% against 4Q19.
Combined Same-store sales rose 2.1% versus last year and 16.2% compared to 4Q19.
Nightclubs sales totaled $40.0 million, up 211.0% Y/Y and 12.6% from 4Q19. Bombshells sales totaled $14.4 million, down 7.3% Y/Y and up 68.8% from 4Q19.
RCI Hospitality also reported sales of $192.4 million for Nightclubs and Bombshells restaurants in the fiscal year 2021, representing a 47.7% growth Y/Y and 8.2% against FY19.
The same-store sales increased 1.5% versus last year and 12.9% compared to FY19.
"The current first quarter should benefit from our typical seasonal sales increase from the fourth quarter," said CEO Eric Langan.
Price Action: RICK shares are trading higher by 0.09% at $69.81 on the last check Tuesday.

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Bombshells sales totaled<strong> </strong>$14.4 million, down 7.3% Y/Y and up 68.8% from 4Q19. </li>\n<li>RCI Hospitality also reported sales of $192.4 million for Nightclubs and Bombshells restaurants in the fiscal year 2021, representing a 47.7% growth Y/Y and 8.2% against FY19.</li>\n<li>The same-store sales increased 1.5% versus last year and 12.9% compared to FY19.</li>\n<li>\"The current first quarter should benefit from our typical seasonal sales increase from the fourth quarter,\" said CEO Eric Langan.</li>\n<li><strong>Price Action: </strong>RICK shares are trading higher by 0.09% at $69.81 on the last check Tuesday.</li>\n</ul>\n</body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>RCI Hospitality Clocks 91.6% Sales Growth In Q4 For Nightclubs, Bombshells Restaurants</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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