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RCIHH Reports Q3 Revenue of $73.9M
Reports Q3 revenue $73.9M vs $71.1M last year. Travis Reese, Interim President and CEO, said: "We're pleased to report another quarter of improved performance in many key metrics. Sales, EPS, non-GAAP EPS, net income attributable to RCIHH common stockholders, and adjusted EBITDA all increased, while we used our strong cash position to continue to buy back shares and reduce debt. Bombshells' performance was driven by new locations and same-store sales growth of 4.7%, while increased activity related to high-profile professional basketball and soccer events benefited Nightclubs as well as Bombshells. These factors helped offset cautious discretionary spending earlier in 3Q26 due to geopolitical uncertainty and its impact on inflation. Results also reflected lower impairment and insurance costs."
RCI Hospitality Q3 Sales Rise to $73.3 Million
RCI Hospitality reported club and sports bar sales for FY26 Q3 ended June 30. Q3 nightclub sales increased 1% year-over-year to $62.5M and Bombshells sales were up 25.9% to $10.8M for a combined sales of $73.3M, up 4% year-over-year.
RCI Hospitality Opens Bombshells Restaurant in Rowlett, Texas
RCI Hospitality Holdings announced the opening of a Bombshells in Rowlett, Texas, at Sapphire Bay. The new location introduces a high-energy sports bar experience to Sapphire Bay built for socializing, game days, and late-night entertainment. Staffed by a team of more than 140, including 80 servers, 15 bartenders, and 15 hosts, the 8,500 square foot Bombshells with a 4,100 square foot covered patio is near the intersection of Interstate 30 and Bayside Drive at 8525 Meigan Elise Drive, Rowlett, TX 75088.
RCI Total Sales Increased, Same-Store Sales Nearly Level
Travis Reese, Interim President and CEO of RCI, said: "Nightclubs total sales increased. Same-store sales were nearly level. Contributions from recent acquisitions and opened locations more than offset previously announced plans to divest of underperforming clubs, even though freezing weather in late January-early February caused a number of clubs to close one or two days mostly on weekends. Bombshells total sales increased, but same-store sales declined."
RCI Hospitality Increases Share Repurchase Program by $20 Million
RCI Hospitality Holdings Board of Directors has authorized increasing the amount available under the Company's share repurchase program by an additional $20.0 million. This gives RCI approximately $24.8 million available to buy back shares when added to the amount remaining from the previous authorization. From FY16, when the Company started implementing its capital allocation strategy, to date, RCI has spent almost $80 million repurchasing almost 3 million shares at an average of $27.88 per share, excluding the repurchase of the ADW block of shares in November 2025.
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