Rci Hospitality Holdings, Inc. · NASDAQ:RICK
Rci Hospitality — Q3 2026 Earnings Presentation
26 slides from Rci Hospitality's earnings presentation, Aug 6, 2026
Slide 1: Building a portfolio of well-managed, high cash-flowing nightclubs and sports-bars
Building a portfolio of well-managed, high cash-flowing nightclubs and sports-bars NASDAQ: RICK | 3Q26 Conference Call | August 6, 2026 | www.rcihospitality.com | @RCIHHinc
Slide 2: X Spaces Instructions
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Slide 3: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, among other things, statements regarding plans, objectives, goals, strategies, future events or performance and under
Slide 4: Non-GAAP Financial Measures
Non-GAAP Financial Measures In addition to our financial information presented in accordance with GAAP, management uses certain non-GAAP financial measures, within the meaning of the SEC Regulation G, to clarify and enhance understanding of past performance and prospects for the future. Generally, a
Slide 5: Today's Speakers
Today’s Speakers Travis Reese Albert Molina Interim President & CEO Interim CFO RCI Hospitality Holdings, Inc. RCI Hospitality Holdings, Inc. 5
Slide 6: Key Takeaways
Key Takeaways Another quarter of improved core performance • Sales, EPS, non-GAAP EPS, net income attributable to RCIHH common stockholders, and adjusted EBITDA all increased 3Q26 • Bombshells revenues +25.4% with SSS +4.7% Results • Nightclubs revenues +1.0% with SSS -0.8% (YoY) • Activity tied to
Slide 7: Summary Results
Summary Results Summary Financials (in millions, except EPS) 3Q26 3Q25 9M26 9M25 Total revenues $73.9 $71.1 $213.5 $208.5 EPS $0.83 $0.46 $0.16 $1.84 Non-GAAP EPS1 $0.90 $0.77 $2.41 $2.23 Impairments and other charges, net $0.0 $2.3 $7.9 $2.2 Net cash provided by operating activities $11.3 $13.8 $29
Slide 8: Nightclubs Segment
Nightclubs Segment Total Revenues ($M) Operating Margin As % of Segment Revenues GAAP Non-GAAP $62.8 $62.3 $62.3 $63.0 $61.7 40% $60.6 $60.9 $60.3 $57.5 35% 30% 25% 20% 15% 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 3Q26 vs. 3Q25 ($M) Locations Contribu
Slide 9: Bombshells Segment
Bombshells Segment Total Revenues ($M) Operating Margin As % of Segment Revenues $13.1 GAAP Non-GAAP $11.9 25% $10.8 $9.6 $9.4 $8.6 $8.4 $8.4 —% $8.2 (25)% (50)% (75)% 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 3Q26 vs. 3Q25 ($M) Locations Contributing
Slide 10: Corporate Segment
Corporate Segment Expense ($M) Expense Margin As % of Total Revenues GAAP Non-GAAP GAAP Non-GAAP $15.4 25% $15.0 20% $8.8 $9.1 15% $7.2 $7.1 $8.7 $7.4 $7.3 $8.4 $6.6 $5.9 $7.3 10% $6.6 $7.0 $6.4 $6.4 $5.8 5% —% 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26
Slide 11: GAAP Disclosure
GAAP Disclosure ($M) Quarter 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Operating income (loss) $(2.5) $3.5 $13.9 $8.2 $8.7 $(0.5) $11.0 $3.8 $13.0 Net cash provided by operating activities $15.8 $15.7 $13.3 $8.5 $13.8 $13.7 $7.8 $9.9 $11.3 Net income (loss) $(5.2) $0.2 $9.1 $3.2 $4.1 $(5.5) $(4.7
Slide 12: Cash, FCF & Adjusted EBITDA
Cash, FCF & Adjusted EBITDA ($M) Cash As % of Total Revenues Adj. EBITDA Margin FCF Margin $34.9 $34.7 $33.7 $32.4 $32.7 $29.3 $28.6 26% $26.9 $26.4 24% 22% 23% 23% 22% 22% 22% 18% 18% 19% 18% 17% 14% 12% 11% 10% 9% 6/30/24 9/30/24 12/31/24 3/31/25 6/30/25 9/30/25 12/31/25 3/31/26 6/30/26 3Q24 4Q24
Slide 13: Debt Metrics
Debt Metrics Debt, Net of Loan Costs ($M) Debt Maturities at 6/30/26 ($M) $256.4 Amortization Schedule Non-Realty Balloon Realty Balloon $245.4 $248.7 $238.2 $241.5 $241.3 $240.1 $235.5 $235.8 $1.0 $5.7 $7.5 $9.4 $2.5 $27.8 $18.2 $17.5 $15.6 $8.0 6/30/24 9/30/24 12/31/24 3/31/25 6/30/25 9/30/25 12/3
Slide 14: Capital Allocation: Strategy & Plan
Capital Allocation: Strategy & Plan Strategy Back to Basics 5-Year Plan (FY25-29) • Targeted % annual use of FCF FY25-29 • Operations • Excludes completion of club projects already in development • Nightclubs – focus on core business operations and • We may deviate from our strategy and plan if othe
Slide 15: Plan Update
Plan Update Nightclubs • Non-GAAP margin has improved sequentially for three consecutive quarters • Reflects disciplined operational execution and ongoing portfolio optimization efforts Bombshells • New strategy helping to increase sales and as our mix of higher-margin LBW • Bombshells Rowlett is no
Slide 16: Appendix
RCI HOSPITALITY HOLDINGS INC Appendix
Slide 17: Long-Term Performance
Long-Term Performance Fiscal Year ($M) 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10-Yr CAGR Total revenues $135.4 $134.9 $144.9 $165.7 $181.1 $132.3 $195.3 $267.6 $293.8 $295.6 $279.4 7.5 % Adjusted EBITDA $34.1 $34.5 $37.3 $44.4 $46.2 $22.4 $60.2 $86.7 $85.0 $72.6 $52.6 4.4 % % of reve
Slide 18: Debt Analysis
Debt Analysis (at 6/30/26, $M) Total of $242.1* Weighted Average Interest Rate (WAIR): 7.05% $60.0 Seller Financing (24.8% of total) Secured by the respective clubs and real estate to which it applies 5 Baby Dolls-Chicas Locas $15.3 @ 7.0 % 11 Clubs $14.6 @ 6.0 % Scarlett's $8.3 @ 8.0 % $144.7 Secur
Slide 19: Strategic Share Buybacks & Issuance
Strategic Share Buybacks & Issuance Cumulative Value of Shares Repurchased Average Price Shares Used for Fiscal Year or Quarter Shares Value Per Share Used for Shares Per Share Acquisitions Repurchased Acquisitions 2015 225,280 $10.19 225,280 2016 747,081 $9.79 972,361 2017 89,685 $12.25 1,062,046 2
Slide 20: Capital Returned to Shareholders
Capital Returned to Shareholders Shares Purchased Total Cost of Shares ($M) 895,061 $31.8 $9.2 202,630 174,790 $7.8 75,325 103,000 $3.2 $2.9 $3.0 $2.7 66,000 56,875 72,739 $2.4 41,500 $1.0 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Comment Dividend Paym
Slide 21: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures (in thousands) Three Months Ended June 30, Nine Months Ended June 30, 2026 2025 2026 2025 Reconciliation of GAAP net income to Adjusted EBITDA Net income attributable to RCIHH common stockholders $ 6,351 $ 4,058 $ 1,291 $ 16,313 Income tax expense 2,130 733 3,281
Slide 22: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures (in thousands, except per share and number of shares data) Three Months Ended June 30, Nine Months Ended June 30, 2026 2025 2026 2025 Reconciliation of GAAP diluted earnings per share to non-GAAP diluted earnings per share Diluted shares 7,653,000 8,793,809 7,898,
Slide 23: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures (in thousands, except percentage data) Three Months Ended June 30, Nine Months Ended June 30, 2026 2025 2026 2025 Reconciliation of GAAP operating margin to non-GAAP operating margin GAAP operating margin 17.5 % 12.2 % 13.0 % 14.8 % Amortization of intangibles 0.8
Slide 24: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures ($ in thousands) Three Months Ended June 30, 2026 Nightclubs Bombshells Other Corporate Total Income (loss) from operations $ 19,635 $ 759 $ (83) $ (7,343) $ 12,968 Amortization of intangibles 617 — — 1 618 Settlement of lawsuits, net of recoveries 67 25 — — 92 Lo
Slide 25: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures* ($ in thousands) Three Months Ended June 30, 2025 Nightclubs Bombshells Other Corporate Total Income (loss) from operations $ 17,859 $ 67 $ (70) $ (9,143) $ 8,713 Amortization of intangibles 572 1 — 3 576 Settlement of lawsuits, net of recoveries 3,281 — — — 3,28
Slide 26: Contact Information
Contact Information Corporate Office 10737 Cutten Road Houston, TX 77066 Phone: (281) 397-6730 Investor Relations Gary Fishman (gfishman@pondel.com) Michael Wichman (mwichman@pondel.com) Phone: (212) 883-0655 IR Website www.rcihospitality.com Nasdaq: RICK 26
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