RCI Hospitality Holdings (RICK): Bireme Capital Hit The Bullseye
Bireme Capital, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A net return of 47.1% was recorded by the fund for 2020, outperforming its S&P500 benchmark that delivered an 18.3% return. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Bireme Capital, in their Q4 2020 investor letter, said that RCI Hospitality Holdings, Inc. (NASDAQ:RICK) has blown past the estimates they made early in the pandemic. Bireme Capital identifies RCI Hospitality Holdings, Inc. as one of the companies at the other side of the value spread, the other end of the “barbell market”. RCI Hospitality Holdings, Inc. is a nightclub company based in Houston, Texas. It currently has a $557.9 million market capitalization. Since the beginning of the year, RICK delivered a 57.20% return, impressively extending its 12-month gains to 253
RCI Reports Positive Operating Cash Flow and EPS for 1Q21
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HOUSTON, Feb. 9, 2021 /PRNewswire/ RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today reported results for the fiscal 2021 first quarter ended December 31, 2020 and filed its Form 10-Q. Results are not comparable to year-ago periods due to the COVID-19 pandemic, which has caused state and local governments to restrict the opening, occupancy, and operating hours of locations in different ways, at different times.
1Q21 Highlights
GAAP EPS of $1.07 and non-GAAP EPS of $0.39
GAAP results included $4.9 million pre-tax gain from debt extinguishment and a $384,000 tax benefit
/PRNewswire/ Kaskela Law LLC announces that it is investigating RCI Hospitality Holdings, Inc. ("RCI" or the "Company") (NASDAQ: RICK) on behalf of the.
Posted By Nina Rangel on Wed, Dec 30, 2020 at 10:18 AM click image Instagram / bombshellsdallas As if Twin Peaks and Hooters didn t already fill San Antonio s need to order from skimpily clad female waitstaff, a new so-called breastaurant has set its sights on the city. Bombshells a military-themed eatery from the group that owns and operates Rick’s Cabaret and its affiliated gentlemen’s clubs will make its Alamo City debut at an undisclosed date, RestaurantNews.com reports. Bombshells restaurants feature hangar-like interiors, outside patios, flat screen TVs and, of course, “Bombshells Girls, whose dog tags-and-camo garb wouldn t pass military muster. The concept does strong lunch, dinner and late-night business, according to the industry news site.
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