RICK News & Events

RCI Hospitality announced it has increased its quarterly cash dividend by 14.3%, to 8c per common share from 7c, for the FY26 second quarter ending March 31. The Q2 dividend is payable March 31 to holders of record at the close of business March 16.

RCI Hospitality "received an anticipated letter from the Nasdaq Stock Market notifying the Company of its noncompliance with Listing Rule 5250(c)(1) requiring the timely filing of reports with the SEC. RCI has not yet filed its Form 10-K for the year ended September 30, 2025. Nasdaq's letter has no immediate effect on the Company's common stock listing."

RCI Hospitality announced its board of directors named Travis Reese as interim president and CEO and Albert Molina as interim CFO. Eric Langan has stepped down as president and CEO and Bradley Chhay as CFO. Langan will continue to serve on the board and will continue to be employed by the company, advising subsidiaries regarding strategic corporate transactions. Chhay will continue to be employed by the company, and will advise subsidiaries regarding financial budgeting and forecasting, capital allocation strategy, mergers and acquisitions, and related integration. Reese became executive VP and a member of the board of directors in 1999. Molina has been director of financial reporting since joining RCI in 2016.