RCI Hospitality Increases Share Repurchase Program by $20 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 06 2026
0mins
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.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy RICK?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on RICK
About RICK
RCI Hospitality Holdings, Inc. is a holding company that, through its subsidiaries, is engaged in businesses that offer live adult entertainment and/or dining experiences to its guests. The Company’s segments include Nightclubs and Bombshells. Its portfolio includes a variety of adult nightclub brands, formats and footprints that target different customers by providing quality entertainment environments. Its nightclub brands include Rick’s Cabaret, Tootsie’s Cabaret, Jaguars Club, Club Onyx, Diamond Cabaret, XTC Cabaret, Hoops Cabaret, STUDIO80, Cheetah HALLANDALE BEACH, HEARTBREAKERS, KAPPA MEN’S CLUB, TEMPTATIONS, DALLAS showclub, SILVER CITY CABARET, and Flight Club. Its Bombshells Restaurant & Bar is a military-themed, next generation, sports bar-casual dining restaurant brand with a focus on entertainment and fun. Bombshells attracts singles, couples, and families and features four major dayparts, such as lunch, happy hour, dinner, and late night.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- AECOM Dividend: AECOM's Board of Directors declared a quarterly cash dividend of $0.31 per share, payable on July 17, 2026, to shareholders of record as of July 1, 2026, reflecting the company's commitment to ongoing shareholder returns.
- UnitedHealth Group Dividend: The UnitedHealth Group Board authorized a cash dividend of $2.32 per share, to be paid on June 23, 2026, to shareholders of record as of June 15, 2026, indicating the company's strong financial health.
- RCI Hospitality Dividend: RCI Hospitality Holdings announced a quarterly cash dividend of $0.08 per share, payable on June 30, 2026, marking the 42nd consecutive quarter of cash dividends, with a 166.7% increase since its initiation in Q2 2016.
- Vertiv Holdings Dividend: Vertiv Holdings declared a cash dividend of $0.0625 per share, payable on June 25, 2026, to shareholders of record as of June 15, 2026, showcasing the company's stable performance in critical digital infrastructure.
See More
- Compliance Notification: RCI Hospitality was notified by Nasdaq on May 20 for failing to meet periodic filing requirements, indicating short-term challenges in the company's financial transparency.
- Compliance Restoration: After filing its fiscal Q2 2026 Form 10-Q, RCI was informed on May 29 that it had regained compliance, demonstrating the company's prompt actions to meet exchange requirements and avoid potential trading restrictions.
- Stock Price Volatility: Despite regaining compliance, RCI's shares fell by 2.29%, reflecting market concerns regarding the company's financial health, which could impact investor confidence and future financing capabilities.
- Future Outlook: RCI must maintain a strong focus on compliance and financial reporting to prevent similar issues from arising, thereby preserving its listing status on Nasdaq and enhancing market trust.
See More
- Compliance Notification: Nasdaq notified RCI Hospitality on May 29, 2026, that it has regained compliance with Listing Rule 5250(c)(1), indicating that the compliance issue is resolved following the filing of its quarterly report for Q2 2026.
- Quarterly Report Submission: RCI submitted its Form 10-Q for the second fiscal quarter ended March 31, 2026, on May 28, 2026, ensuring its continued listing on Nasdaq and mitigating potential delisting risks.
- Operational Risk Advisory: The company highlighted various risks associated with operating in the adult entertainment and restaurant sectors, including market conditions, cybersecurity, and regulatory compliance, which could impact future performance.
- Future Outlook: While compliance has been restored, ongoing attention to SEC and Nasdaq requirements is essential to ensure stable operations and maintain investor confidence moving forward.
See More
- Earnings Performance: RCI Hospitality reported a Q2 non-GAAP EPS of $0.78, indicating stability in profitability despite facing market challenges, which may reassure investors about the company's financial health.
- Revenue Growth: The company achieved revenue of $68.72 million, reflecting a 4.3% year-over-year increase, demonstrating its ability to generate growth in a competitive industry environment and highlighting the effectiveness of its market strategies.
- Compliance Restoration: RCI Hospitality has recently regained Nasdaq compliance after addressing a notice regarding the missing 10-Q filing, which is expected to enhance investor confidence and stabilize its stock price moving forward.
- Future Outlook: Despite challenges related to declining traffic, RCI Hospitality is focused on improving operational efficiency and is expected to implement strategic adjustments to navigate market changes and maintain long-term growth potential.
See More
- Nasdaq Notice: RCI Hospitality (RICK) received a Nasdaq notice on Friday for failing to timely file its Form 10-Q for the quarter ended March 31, 2026, although this notice has no immediate impact on the company's stock listing, allowing trading to continue as usual.
- Compliance Deadline: The company has until July 20, 2026, to either file the pending 10-Q or submit a formal plan to regain compliance with Nasdaq rules, and if approved, Nasdaq may grant an extension of up to 180 days, potentially extending the deadline to November 16, 2026.
- Stock Performance: Following the announcement, RCI Hospitality's stock closed down 1.60% at $24.30, reflecting market concerns over compliance issues that could impact investor confidence.
- Financial Context: RCI Hospitality's recent Q1 2026 earnings report indicated a non-GAAP EPS of $0.74 and revenue of $70.8 million, demonstrating some financial stability despite the compliance challenges faced by the company.
See More
- Nasdaq Notification: On May 20, 2026, RCI Hospitality Holdings received a notification from Nasdaq regarding its failure to timely file its second quarter 10-Q report, although this notice does not have an immediate impact on the company's stock listing, indicating compliance pressure on the company.
- Compliance Deadline: Under Nasdaq rules, RCI has until July 20, 2026, to file its 10-Q or submit a compliance plan, and failure to meet this deadline could extend compliance timelines, potentially affecting the company's future financing capabilities.
- Potential Consequences: If RCI fails to submit a compliance plan on time, Nasdaq may reject it, forcing the company to appeal to a Nasdaq panel, which increases the legal and financial risks the company faces.
- Forward-Looking Statements: The company noted in its announcement that various uncertainties regarding future operating environments and compliance capabilities could impact its financial performance, necessitating investor attention to these potential risks.
See More








