Recent Updates — RICK
RCI Hospitality Holdings, Inc. appointed Travis Reese as its permanent President and Chief Executive Officer on September 1, 2026, following his tenure as Interim President and CEO. The company entered into a one-year employment agreement with Mr. Reese, establishing an annual base salary of $650,000. The compensation package includes eligibility for bonuses, expense reimbursement, health benefits, participation in benefit plans, use of a company-owned automobile, access to corporate aircraft subject to policy terms, and two weeks of paid vacation annually. The agreement contains confidentiality provisions and non-compete restrictions applicable upon termination. RCI Hospitality Holdings operates in the hospitality industry, owning and operating hotel properties.
RCI Hospitality Holdings reported fiscal third quarter results ending June 30, 2026. Total revenues increased to $73.9 million from $71.1 million in the prior year period. Net income attributable to common stockholders rose to $6.4 million, or $0.83 per share, compared to $4.1 million, or $0.46 per share, previously. Adjusted EBITDA grew to $16.9 million from $15.3 million. The company reduced its debt by $8.6 million to $240.1 million and decreased weighted average shares outstanding by 13.0% through buybacks. RCI Hospitality Holdings operates adult nightclubs and sports bar-restaurants.
RCI Hospitality Holdings, Inc. issued a press release on July 9, 2026, announcing sales results for the third fiscal quarter ended June 30, 2026. The company operates in the hospitality industry, providing nightclubs and sports bar-restaurants.