RCI Hospitality Provides Q1 Business Update, Shares Down

RCI Hospitality Holdings, Inc. RICK provided an update on its business for the first quarter of fiscal 2025. The company expects to release first-quarter fiscal 2025 results by Feb. 10, 2025. Following the news, its shares declined 1.3% yesterday.Details of RICK’s RevenuesDuring the fiscal first quarter, RICK reported total sales of $70.9 million, indicating a decline of 3.3% year over year.  Same-Store sales rose 2.3% year over year.Sales from Nightclubs was $61.3 million, rising 1.2% year over year. Total sales were impacted by a rise in same-store sales, the addition of three new and reformatted clubs in Texas and the impact of losing a club due to a fire in July 2024.Bombshells reported sales of $9.6 million in the latest quarter, marking a year-over-year decline of 24.7%. Total sales were influenced by the divestiture and closure of five locations during fourth-quarter fiscal 2024 and first-quarter fiscal 2025, a decline in same-store sales and a full quarter of operations from the Stafford, TX location, which opened in mid-November 2023. However, same-store sales experienced a significant decline of 7.5%.Shares of the company have lost 46.9% in the past six months against the industry’s 9.9% growth.Image Source: Zacks Investment ResearchRICK’s Zacks Rank & Key PicksRCI Hospitality currently has a Zacks Rank #5 (Strong Sell).Some better-ranked stocks in the Zacks Consumer Discretionary sector are as follows:Lindblad Expeditions Holdings, Inc. LIND currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here.The stock has surged 18% in the past three months. The Zacks Consensus Estimate for LIND’s 2025 earnings indicates growth of 93.1% from the year-ago levels.Norwegian Cruise Line Holdings Ltd. NCLH currently flaunts a Zacks Rank #1. NCLH delivered a trailing four-quarter earnings surprise of 4.2%, on average. The stock has surged 46.8% in the past year.The Zacks Consensus Estimate for NCLH’s 2025 sales and earnings per share (EPS) indicates growth of 8.4% and 25%, respectively, from the year-ago levels.Royal Caribbean Cruises Ltd. RCL currently carries a Zacks Rank #2 (Buy). RCL delivered a trailing four-quarter earnings surprise of 16.2%, on average. The stock has surged 82.4% in the past year.The Zacks Consensus Estimate for RCL’s 2025 sales and EPS indicates growth of 9.5% and 23.8%, respectively, from the year-ago levels.Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Royal Caribbean Cruises Ltd. (RCL): Free Stock Analysis Report Norwegian Cruise Line Holdings Ltd. (NCLH): Free Stock Analysis Report RCI Hospitality Holdings, Inc. (RICK): Free Stock Analysis Report Lindblad Expeditions (LIND): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks