RCI Hospitality Holdings, Inc. (RICK) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

and welcome to RCI Hospitality Holdings first quarter 2025 earnings call. You can find the company's presentation on RCI's website. Go to the investor relations section and all the links will be at the top of the page. Please turn with me to slide two of our presentation. I'm Mark Moran, CEO of Equity Animal. I'll be the host of our call today. I'm coming to you from Denver, Colorado. Eric Langen, President and CEO of RCI Hospitality, and CFO Bradley Shea are in Houston. Please turn with me to slide three. RCI is making this call exclusively on xSpaces. To ask a question, you'll need to join the space with a mobile device. To listen only, you can join the space on a personal computer. At this time, all participants are in a listen only mode. A question and answer session will follow. This conference call is being recorded. Please turn with me to slide four. I want to remind everybody of our safe harbor statement You may hear or see forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those currently anticipated. We disclaim any obligation to update information disclosed in this call as a result of developments that occur afterwards. Please turn with me to slide five. I also direct you to the explanation of RIC's non-GAAP financial measures. Now, I'm pleased to introduce Eric Langen, President and CEO of RCI Hospitality. Eric, take it away. Thanks, Mark. If everyone will please turn to slide six. Thank you for joining us today. Let me run through some key takeaways. All comparisons are year over year unless otherwise noted. In our nightclub segment, they generated increase in total sales and same-store sales, while GAAP and non-GAAP operating profits were approximately level with the year-ago quarter. In our bombsh...