NASDAQ$RICK

RCI Hospitality Holdings Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported strong first quarter results with nightclubs and Bombshells performing well, and recent acquisitions contributing to the quarter's success.

RCI Hospitality Holdings reported a strong first quarter for fiscal year 2022, driven by the performance of Nightclubs and Bombshells, as well as contributions from recent club acquisitions and a new Bombshells location in Arlington, TX. The company had approximately $32 million cash on hand at the end of January.

  • Nightclubs and Bombshells continued to perform well.
  • Recent club acquisitions contributed to the quarter's results.
  • A new company-owned Bombshells in Arlington, TX contributed to the quarter's results.
  • The company expects further progress with recent club acquisitions and the opening of the first Bombshells franchise in San Antonio, TX.

Headline financials

Total Revenue

$61.8M

Previous: $38.4M+61.0%
EPS (adj)

$1.10

Previous: $0.39+182.1%
Capital Expenditures

$9.85M

Previous: -$1.29M+864.2%
Free Cash Flow

$6.41M

Previous: $8.35M-23.2%
Net Income

$10.6M

Previous: $9.64M+9.7%
Operating Income

$15.9M

Previous: $6.58M+141.7%
Gross Profit

$36.4M

Previous: $32.2M+13.2%
Cash & Equivalents

$18M

Previous: $17M+5.8%
Total Assets

$466M

Previous: $359M+29.9%

Revenue & EPS history

RCI Hospitality · Revenue · Quarterly

$61.8M

Q1 2022+61%vs Q1 2021
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Revenue by segment

RCI Hospitality · $76.8M total across 2 segments · Q3 2023

  • Nightclubs
    $62.4M+14.2%
  • Bombshells
    $14.4M-8.8%

Forward guidance

Looking ahead, the company expects further progress with recent club acquisitions, the opening of the first Bombshells franchise in San Antonio, TX, and the soft launch of AdmireMe.com. They are actively pursuing new club acquisitions as well as Bombshells company-owned locations and franchisees.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+2.7%

Avg return

Earnings day

+1.9%

Avg return

5 days after

+0.1%

Avg return

30 days after

62%

40 / 65 earnings

Positive

+24.7%

Q1 2021

Best reaction

-19.4%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.1%-8.1%-5.0%
Q4 2025+7.1%+1.6%+4.4%
Q4 2024+11.4%-4.3%-9.8%
Q3 2025+1.4%+3.4%-3.2%
Q2 2025-2.2%-8.3%-6.0%
Q1 2025-3.7%-2.2%-17.1%
Q3 2024+7.7%+7.6%-4.8%
Q2 2024-5.5%-7.2%-11.2%
Q1 2024-4.9%-5.2%-6.7%
Q4 2023-4.3%-1.8%-5.1%
Q3 2023-1.8%-2.7%-7.3%
Q2 2023-3.8%-3.5%+1.1%
Q1 2023-9.4%-4.4%-10.0%
Q4 2022+6.4%+4.1%+9.3%
Q3 2022+7.7%+15.0%+7.4%
Q2 2022-4.8%-5.8%-8.6%
Q1 2022-2.9%-13.6%-22.0%
Q4 2021+4.6%-3.2%-16.6%
Q3 2021+10.5%+10.2%+3.7%
Q2 2021-1.6%+5.6%-2.4%
Q1 2021+24.7%+18.3%+50.2%
Q4 2020+9.1%+8.8%+19.6%
Q3 2020+19.8%+21.5%+48.0%
Q2 2020-15.0%-22.2%+29.2%
Q1 2020-19.4%-15.2%-57.5%
Q4 2019+6.6%+0.4%-56.0%
Q3 2019+15.1%+23.6%+16.9%
Q2 2019+10.7%+7.1%+6.5%
Q1 2019+5.2%+5.9%-0.1%
Q4 2018+5.9%-5.4%+1.2%
Q3 2018+1.9%+2.1%-4.9%
Q2 2018+7.7%+5.1%+9.2%
Q1 2018+7.1%+4.2%-1.9%
Q4 2017+7.9%+7.5%+4.7%
Q3 2017+10.9%+11.7%+0.1%
Q2 2017+12.0%+13.2%+38.0%
Q1 2017+1.0%+0.2%-6.6%
Q4 2016-0.3%+6.8%+10.0%
Q3 2016+3.4%+3.9%+6.3%
Q2 2016+6.6%
Q1 2016+4.1%
Q4 2015-2.1%
Q3 2015-6.2%
Q2 2015+4.1%
Q1 2015+4.8%
Q4 2014-0.5%
Q3 2014+4.7%
Q2 2014+7.6%
Q1 2014-0.8%
Q4 2013+15.5%
Q3 2013+2.7%
Q2 2013+1.0%
Q1 2013+8.2%
Q4 2012+4.2%
Q2 2010+4.2%
Q3 2012-5.1%
Q2 2012-1.9%
Q1 2011-7.3%
Q1 2012-2.0%
Q2 2011+3.3%
Q4 2011+3.3%
Q4 2009+3.3%
Q3 2010-0.1%
Q3 2011-0.1%
Q4 2010-0.1%

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