RICK - RCI Hospitality provides Q3 club & restaurant sales share buybacks details
- RCI Hospitality ( NASDAQ: RICK ) reported sales of $70.1M for its Nightclubs and Bombshells restaurants for FQ3 ended June 30, 2022; sales do not include non-core operations.
- "We're pleased revenues hit the higher end of our target annual run rate of $260-$280M. Q3 was the first period since 1Q20 not affected by COVID. It also benefitted from the full integration of our 1Q22 club acquisitions," Mr. Langan commented.
- Club acquisitions contributed sales of $11.8M in Q3, Bombshells Arlington accounted for sales of $1.7M.
For further details see:
RCI Hospitality provides Q3 club & restaurant sales, share buybacks details