RCI Hospitality Holdings, Inc. (NASDAQ:RICK ) Q4 2024 Earnings Call Transcript December 16, 2024 4:30 PM ET Company Participants Mark Moran - CEO, Equity Animal Eric Langan - President and CEO Bradley Chhay - CFO Mark Moran Greetings and welcome to RCI Hospitality Holdings Fourth Quarter 2024 Earnings Conference Call. You can find the company's presentation on RCI's website, go to the Investor Relations section, all the links are at the top of the page.
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RCI Hospitality's fiscal fourth-quarter top line was impacted by Hurricane Beryl, causing temporary closures at key locations.
RCI Hospitality benefits from its focus on the Back to Basics business approach and an effective capital allocation strategy.
RCI Hospitality (RICK) came out with a quarterly loss of $0.56 per share versus the Zacks Consensus Estimate of $0.88. This compares to earnings of $0.96 per share a year ago.
RCI Hospitality's (RICK) fiscal third-quarter top-line benefits from new locations. Also, strength in Nightclubs performance added to the positives.
Shares of RCI Hospitality Holdings RICK fell on Thursday before rebounding Friday on above average volume. The increase in trading comes with allegations shared by Bear Cave Research's Edwin Dorsey.