RCI Hospitality: Fiscal 4Q Earnings Snapshot
HOUSTON (AP) _ RCI Hospitality Holdings Inc. (RICK) on Monday reported a loss of $2.7 million in its fiscal fourth quarter.
On a per-share basis, the Houston-based company said it had a loss of 27 cents. Earnings, adjusted for asset impairment costs and non-recurring costs, came to 41 cents per share.
The adult nightclub chain posted revenue of $40.7 million in the period.
For the year, the company reported profit of $21.7 million, or $2.23 per share. Revenue was reported as $165.7 million.
RCI Hospitality shares have dropped 20 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $22.33, a fall of 20 percent in the last 12 months.