RICK News and Press, RCI Hospitality Holdings Inc. From 08/05/22

RCI to Host 3Q22 Conference Call on Twitter Spaces & Meet Management Event in NYC on Tuesday, August 9 RCI to Host 3Q22 Conference Call on Twitter Spaces & Meet Management Event in NYC on Tuesday, August 9 PR Newswire HOUSTON , Aug. 5, 2022 /P...

KKR was the largest detractor to the Fund’s performance in the first half, costing us around 6%. Scaled Alts such as KKR enjoy meaningful operating leverage, allowing them to earn operating margins of greater than 60% on fee revenues and 40% on performance revenues. By 2026...

For the second quarter, 1 Main Capital Partners returned (18.3)% net of fees and expenses. For the first half, the Fund returned (27.7)% net. Our holdings have not been spared from the unwind, despite their reasonable valuations and relatively strong fundamental performance to thi...

Getting Another One. Continuing to expand its presence, RCI has acquired Cheetah Gentlemen's Club, located in Hallandale Beach, FL. Cheetah's is RCI's fourth South Florida location and comes on the heels of the Playmates Club acquisition in early May. RCI now will operate four locations in Sou...

RCI Hospitality continues to perform well in both their nightclub and Bombshells segments. I believe RICK is being unfairly lumped into the broader restaurant and consumer discretionary categories while being compared with weaker and less attractive peers. The business has pricing...

During the second quarter of 2022, returns for separate accounts managed by Greystone Capital ranged from -19.8% to -30.1%. The median account return was -22.8%. Year-to-date, the median account return. I discuss the path forward including how behavior can serve as the best defense du...

RCI Hospitality Holdings ( NASDAQ: RICK ) announced Thursday the closing of another adult nightclub's acquisition in South Florida -Cheetah Gentlemen's Club. The transaction comes at a purchase price of $10M in cash and $15M in two, 10-year, 6% seller financing notes....

RCI Announces Acquisition of Cheetah Gentlemen's Club in South Florida PR Newswire HOUSTON , July 28, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today announced closing on the acquisition of the Cheetah Gentlemen's Club in H...

Acquisition. Last Friday, RCI announced closing on purchase agreements that will enable the Company to open a third adult nightclub in the Odessa, TX area. The new club will be RCI's third in the area, complimenting the existing Rick's Cabaret Odessa and Jaguar's Club Odessa. To be called PT's...

RCI Hospitality Holdings ( NASDAQ: RICK ) has closed the purchase agreements that enables subsidiaries to open a third adult nightclub in Ector County, TX, right off busy State Highway Loop 338. The new club will be the 14th location acquired this fiscal year and the 51st ...