RCI Hospitality reports Q4 club, restaurant comparable sales down 6.3%

Reports Q4 club, restaurant sales $69.8M, down 3.1%. RCI Hospitality (RICK) reported club and restaurant sales for the fiscal fourth quarter and year ended September 30. Sales do not include non-core operations and are subject to final closing. Eric Langan, president and CEO of RCI, commented: “Total FY25 Nightclubs sales held relatively steady year-over-year, as acquisitions and club reformatting partially offset same-store sales declines and the impact of closures. Following the 1Q25 divestiture of underperforming Bombshells locations, restaurant sales improved sequentially, supported by successful openings in Denver and Lubbock and a change in management. Despite strong team execution, persistent economic uncertainty has made it challenging to fully offset traffic-driven pressure on same-store sales across both clubs and restaurants.”