RCI Hospitality Holdings, Inc. (RICK) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to RCI Hospitality Holdings second quarter 2025 earnings conference call. You can find the company's presentation on RCI's website. Go to the investor relations section and all the links are at the top of the page. Please turn with me to slide two of our presentation. I'm Mark Moran of Equity Animal, and I'll be hosting our call today. I'm coming to you from Washington, D.C. Eric Langen, President and CEO of RCI Hospitality, and CFO Bradley Shea are in Houston today. Please turn with me to slide three. RCI is making this call exclusively on X Spaces. To ask a question, you will 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 Rick's non-GAAP financial measures. Now, I'm pleased to introduce Eric Langen, President and CEO of RCI Hospitality. Eric, take it away. Thank you, Mark. Please turn to slide six. Thanks for joining us today. Let me run through some key takeaways. All comparisons are year over year unless otherwise noted. As we previously announced, revenues reflect the sale divestiture of five underperforming bombshell segment locations and the effect of severe weather on company same store sales in Januar...