NASDAQ$RICK

RCI Hospitality Holdings Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

RCI Hospitality reported a strong increase in Q2 2021 EPS and free cash flow.

RCI Hospitality Holdings, Inc. reported a rebound in financial performance through the COVID-19 pandemic in Q2 2021. Nightclubs had their best overall performance since the pandemic began, and Bombshells delivered another strong quarter. The company was able to keep teams employed and generate higher levels of free cash flow and profitability.

  • 2Q21 reflected a continued rebound in financial performance through the COVID-19 pandemic.
  • Nightclubs had their best overall performance since the pandemic began.
  • Bombshells served up another strong quarter.
  • Company was able to keep teams employed and generate higher levels of free cash flow and profitability.

Headline financials

Total Revenue

$44.1M

Previous: $40.4M+9.0%
EPS (adj)

$0.75

Previous: $0.47+59.6%
Capital Expenditures

-$6.72M

Previous: -$5.32M-26.2%
Free Cash Flow

-$627K

Previous: -$8.78M+92.9%
Net Income

$6.09M

Previous: -$3.45M+276.4%
Operating Income

$9.84M

Previous: -$2.48M+497.6%
Gross Profit

$37.3M

Previous: $34.6M+7.5%
Cash & Equivalents

$20.2M

Previous: $9.83M+105.2%
Total Assets

$361M

Previous: $362M-0.2%

Revenue & EPS history

RCI Hospitality · Revenue · Quarterly

$44.1M

Q2 2021+9%vs Q2 2020
Beat estimate in 11 of 14 quarters(79%)
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

As of today, 36 clubs and 10 Bombshells are open. Nightclubs and Bombshells sales exceeded $18 million in April. Restrictive curfews, which have affected many of our northern clubs, are beginning to end.

Tailwinds

  • 36 clubs and 10 Bombshells are open.
  • Nightclubs and Bombshells sales exceeded $18 million in April.
  • Restrictive curfews, which have affected many of our northern clubs, are beginning to end.
  • Minnesota lifted its 11 PM curfew on Friday.
  • New York plans to eliminate its midnight curfew May 31.

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 Q2 2021

Historical avgQ2 2021

+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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro