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RCI Hospitality's Fiscal Q2 Club, Restaurant Sales Decline
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RCI Hospitality's Fiscal Q2 Club, Restaurant Sales Decline
Apr 8, 2025 7:02 AM

09:44 AM EDT, 04/08/2025 (MT Newswires) -- RCI Hospitality ( RICK ) said Tuesday that its fiscal Q2 club and restaurant sales declined by 8.9% year over year to $65.4 million, while same-store sales fell by 4.7%.

The company said the fiscal Q2 period ended March 31 saw a 35.6% drop in Bombshells sales to $8.2 million, mainly due to the divestiture and closing of five locations over the previous two quarters.

Nightclub sales declined 3.1% year over year to $57.1 million, reflecting the lower same-store sales, according to the company.

Shares of RCI Hospitality ( RICK ) were down more than 5% in early Tuesday trading.

Price: 36.84, Change: -2.20, Percent Change: -5.64

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