Quarterly ResultMay 7, 2026, 04:20 PM
RCI Hospitality Reports Q1 2026 Net Loss $(4.7)M; EPS $(0.57)
AI Summary
RCI Hospitality Holdings, Inc. reported a net loss of $(4.7) million, or $(0.57) per diluted share, for the fiscal first quarter ended December 31, 2025, a significant decline from a net income of $9.0 million in the prior year. Total revenues slightly decreased to $70.8 million. The company noted that the decline in net income primarily reflects $10.1 million in net charges for the quarter and sales headwinds from a U.S. government shutdown, while also highlighting over one million shares bought back in FY26 to date.
Key Highlights
- RCI Hospitality reported a Q1 2026 net loss of $(4.7) million, down from $9.0 million net income YoY.
- Diluted EPS was $(0.57) in Q1 2026, compared to $1.01 in Q1 2025.
- Total revenues slightly decreased to $70.8 million from $71.5 million year-over-year.
- Adjusted EBITDA remained stable at $15.7 million for both Q1 2026 and Q1 2025.
- Net cash provided by operating activities decreased to $7.8 million from $13.3 million YoY.
- The company bought back over one million shares in FY26 to date, reducing shares outstanding to 7.65 million.
- Nightclubs segment revenues increased 0.9% to $62.3 million, with service revenues up 6.7%.
- Bombshells segment revenues declined 12.6% to $8.4 million, resulting in an operating loss.
- Total debt increased 8.8% to $256.4 million, primarily due to seller-financing from an acquisition.