RCI Hospitality Holdings, Inc. RICK provided an update on its business for the first quarter of fiscal 2025. The company expects to release first-quarter fiscal 2025 results by Feb. 10, 2025. Following the news, its shares declined 1.3% yesterday.
During the fiscal first quarter, RICK reported total sales of $70.9 million, indicating a decline of 3.3% year over year. Same-Store sales rose 2.3% year over year.
Sales from Nightclubs was $61.3 million, rising 1.2% year over year. Total sales were impacted by a rise in same-store sales, the addition of three new and reformatted clubs in Texas and the impact of losing a club due to a fire in July 2024.
Bombshells reported sales of $9.6 million in the latest quarter, marking a year-over-year decline of 24.7%. Total sales were influenced by the divestiture and closure of five locations during fourth-quarter fiscal 2024 and first-quarter fiscal 2025, a decline in same-store sales and a full quarter of operations from the Stafford, TX location, which opened in mid-November 2023. However, same-store sales experienced a significant decline of 7.5%.
Shares of the company have lost 46.9% in the past six months against the industry’s 9.9% growth.
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RCI Hospitality currently has a Zacks Rank #5 (Strong Sell).
Some better-ranked stocks in the Zacks Consumer Discretionary sector are as follows:
Lindblad Expeditions Holdings, Inc. LIND currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here.
The stock has surged 18% in the past three months. The Zacks Consensus Estimate for LIND’s 2025 earnings indicates growth of 93.1% from the year-ago levels.
Norwegian Cruise Line Holdings Ltd. NCLH currently flaunts a Zacks Rank #1. NCLH delivered a trailing four-quarter earnings surprise of 4.2%, on average. The stock has surged 46.8% in the past year.
The Zacks Consensus Estimate for NCLH’s 2025 sales and earnings per share (EPS) indicates growth of 8.4% and 25%, respectively, from the year-ago levels.
Royal Caribbean Cruises Ltd. RCL currently carries a Zacks Rank #2 (Buy). RCL delivered a trailing four-quarter earnings surprise of 16.2%, on average. The stock has surged 82.4% in the past year.
The Zacks Consensus Estimate for RCL’s 2025 sales and EPS indicates growth of 9.5% and 23.8%, respectively, from the year-ago levels.
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