RCI Hospitality Holdings, Inc. reported its financial results for the fiscal 2025 first quarter ended December 31, 2024. Total revenues decreased to $71.5 million from $73.9 million in the prior year period.
GAAP EPS increased to $1.01 from $0.77 year-over-year, while non-GAAP EPS declined to $0.80 from $0.87. The Nightclubs segment saw revenues increase by 1.1% to $61.7 million, with same-store sales up 3.7%.
Conversely, the Bombshells segment experienced a significant revenue decline of 24.7% to $9.6 million, with same-store sales down 7.5%. Consolidated net cash provided by operating activities decreased to $13.3 million from $13.6 million, and free cash flow decreased to $12.1 million from $12.7 million. The company's debt decreased to $235.5 million, and weighted average shares outstanding decreased by 4.8% due to share buybacks.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.