RCI Hospitality Holdings, Inc. Reports Second Quarter 2026 Sales Results

HOUSTON, April 9, 2026 — RCI Hospitality Holdings, Inc. (Nasdaq: RICK), a leading operator in the adult entertainment and sports bar-restaurant industry, has released its sales results for the fiscal second quarter ended March 31, 2026. The company’s disclosure, amended to include the official press release, delivers key insight into its performance for both investors and shareholders.

Key Financial Highlights

• Nightclubs Segment:
  • Total sales reached \$59.8 million for the quarter, representing a 4.7% increase year-over-year compared to 2Q25.
  • However, same-store sales declined marginally by 0.7%, signaling some softness in organic growth.
• Bombshells (Sports Bar-Restaurant) Segment:
  • Total sales were \$8.4 million, up 1.6% year-over-year.
  • Same-store sales dropped by a sharper 11.1%, indicating challenges in maintaining sales momentum at existing locations.
• Combined Sales:
  • Total sales for both segments combined stood at \$68.2 million, up 2.7% year-over-year.
  • Combined same-store sales declined by 2.6%, driven primarily by Bombshells’ underperformance in existing stores.
• Six-Month Performance:
  • For the first half of fiscal 2026, combined sales were \$138.4 million, a 1.6% increase over the same period in fiscal 2025.
  • Same-store sales for the half-year period fell by 5.0%, with Bombshells notably declining by 16.7%.

Management Commentary

Travis Reese, Interim President and CEO of RCI, commented on the company’s results, highlighting the continued growth in total sales despite a challenging environment for same-store sales, especially within the Bombshells segment. The company emphasized that the reported sales exclude non-core operations, such as third-party rents and revenues from RCI’s Other segment, and are subject to final closing adjustments.

What Shareholders Need to Know

• Mixed Performance: The second quarter saw positive year-over-year growth in total sales, but same-store sales—a key measure of organic performance—declined, most notably in the Bombshells segment.
• Bombshells Weakness: The double-digit same-store sales drop at Bombshells could be a red flag for investors, suggesting either competitive pressures, operational challenges, or changing consumer trends in the sports bar-restaurant market.
• Nightclubs Outperform Bombshells: While still facing minor same-store declines, the Nightclubs segment continued to show resilience with solid total sales growth.
• Potential Price Sensitivity: The negative trend in same-store sales, especially if persistent, may weigh on the company’s share price, as investors typically reward not just top-line growth but also healthy organic expansion.
• Previously Omitted Disclosure: This 8-K/A filing amends an earlier report to include the official press release, signaling a compliance correction. While not likely to move the share price, it is a reminder for investors to monitor the company’s disclosure practices.

Other Considerations

• Forward-Looking Statements: The company cautions that the press release contains forward-looking statements subject to various risks, including business climate, regulatory changes, cybersecurity, real estate conditions, and staffing. Shareholders are encouraged to review RCI’s annual report for a detailed risk assessment.
• Contacts for Investors: Media and investor queries can be directed to Gary Fishman and Michael Wichman at PondelWilkinson (212-883-0655, [email protected], [email protected]).

Conclusion

Investors should closely monitor the company’s same-store sales trends, especially at Bombshells, in upcoming quarters. While overall sales growth is encouraging, sustained same-store declines—if not addressed—could impact long-term shareholder value and the company’s market performance.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with professional advisors before making any investment decisions. The information is based on RCI Hospitality Holdings, Inc.’s SEC filings and public disclosures as of April 9, 2026. The company’s actual results may differ materially from forward-looking statements due to various risks and uncertainties.

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