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Add as a preferred source on GoogleRCI Hospitality Posts 0.8% Rise in Fiscal Q4 Club Sales
Fiscal fourth-quarter sales reached $70.4 million, as Bombshells sales rose 18.3% and nightclub sales declined 1.9%.
RCI Hospitality Holdings’ fiscal fourth-quarter club and sports bar sales rose 0.8% from a year earlier to $70.4 million, with higher Bombshells sales offsetting a decline in nightclub revenue.
Nightclub sales fell 1.9% to $59.3 million during the quarter. Bombshells sales increased 18.3% to $11.1 million.
The results show divergent performance across the company’s two reported sales categories, with Bombshells providing the growth that lifted combined club and sports bar sales.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.