RCI Hospitality Swings to Q2 Net Loss of $326K, EPS ($0.04)
RICK sits 21% above its 52-week low of $20.76.
Summary
RCI Hospitality Holdings reported a Q2 2026 net loss of $326K and diluted EPS of ($0.04), a sharp reversal from a profit in the prior year. While revenue grew 4.3% to $68.72M, consolidated same-store sales declined. This marks a second consecutive quarter of net losses, following Q1 2026, and comes amidst ongoing material weaknesses in internal controls, a criminal indictment, and a recent Nasdaq non-compliance notice. The continued unprofitability, despite revenue growth, underscores significant operational challenges.
At the time of this announcement, RICK was trading at $25.22 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $193M. The 52-week trading range was $20.76 to $43.10. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.