RCI Hospitality Holdings, Inc. (RICK) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

and welcome to rci hospitality holdings fourth quarter 2024 earnings conference call you can find the company's presentation on rci's website go to the investor relations section all the links are 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 New York City. 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 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, and this conference 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 may 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. And thanks for joining us today, everyone. All comparisons are year-over-year unless otherwise noted. Please turn to slide six. Fourth quarter nightclub sales increased for the second quarter in a row. This was the first time since the first half of fiscal 2023. But total company sales declined due to a hurricane and a fire resulting in lower EPS. Howeve...