RICK News & Events

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 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.

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.