Benzinga | Jul 8, 2021 09:04AM EDT

RCI Q3 Total Club And Restaurant Sales $56.7M, Up From $46.2M In 2019

RCI Hospitality Holdings, Inc. (NASDAQ:RICK) today reported sales for its Nightclubs and Bombshells restaurants for the fiscal 2021 third quarter ended June 30, 2021. Results reflected a continued rebound from the COVID-19 pandemic.

3Q21 vs. 3Q20

* Total club and restaurant sales: $56.7 million compared to $14.3 million (+296.0%)

* Nightclubs total sales: $40.6 million compared to $5.8 million (+602.1%)

* Bombshells total sales: $16.1 million compared to $8.5 million (+88.4%)

* There are no same-store sales comparisons for the quarter because no locations were open enough days in 3Q20 to qualify

3Q21 vs. 3Q19

*For illustrative purposes, the following compares data for 3Q21 to 3Q19 to provide a better understanding of sales trends over the last two years given the significant impact of the pandemic on 3Q20.

* Total club and restaurant sales: $56.7 million compared to $46.2 million (+22.6%)

* Total club and restaurant same-store sales*: $53.0 million compared to $45.2 million (+17.2%)

* Nightclubs total sales: $40.6 million compared to $37.5 million (+8.4%) on 36 units vs. 38

* Nightclubs same-store sales*: $40.6 million compared to $36.5 million (+11.3%)

* Bombshells total sales: $16.1 million compared to $8.8 million (+83.6%) on 10 units vs. 8

* Bombshells same-store sales*: $12.4 million compared to $8.8 million (+41.6%)