RCI’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

RCI Hospitality owns and operates a chain of sports bars, clubs and restaurants. Read more

Eric Langan's photo - Chairman & CEO of RCI

Chairman & CEO

Eric Langan

CEO Approval Rating

75/100

Founded:

1983

Status:

PublicNASDAQRICK

TOP COMPETITORS OR ALTERNATIVES

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CEO

CEO RATING

EMPLOYEES

FUNDING

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TAO is RCI's top competitor. TAO was founded in 1992 in Las Vegas, Nevada. TAO competes in the Restaurants field. TAO generates $86.3M more revenue than RCI.

The ONE Group is perceived as one of RCI's biggest rivals. The ONE Group's headquarters is in New York, New York, and was founded in 2004. The ONE Group is in the Business Support Services industry. The ONE Group generates 60% of RCI's revenue.

Hakkasan is one of RCI's top competitors. Hakkasan is a Private company that was founded in Las Vegas, Nevada in 2001. Like RCI, Hakkasan also operates in the Restaurants industry. Hakkasan has 598 fewer employees vs. RCI.

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Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$148.7M

RCI's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 152.9M. Over the last four quarters, RCI's revenue has decreased by 67.4%. Specifically, in Q2 2020's revenue was $14.7M; in Q1 2020, it was $40.4M; in Q4 2019, it was $48.4M; in Q3 2019, RCI's revenue was $45.2M.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Blush Gentlemen's Club & Sports Bar

Nov 2018

Source »
$10M
Blush is an entertainment club that organizes parties to celebrate bachelor nights, birthday, retirement and divorce events.

-

-

May 2017

Source »
$25.9M
-

These are all the companies that RCI has acquired. RCI has acquired 2 companies and its latest acquisition was Blush Gentlemen's Club & Sports Bar in Nov 2018. Blush is an entertainment club that organizes parties to celebrate bachelor nights, birthday, retirement and divorce events.

RCI Funding History

$7.2M$16.4M$21.8M

Since RCI was founded in 1983, it has participated in 3 rounds of funding. In total RCI has raised $21.8M. RCI's last funding round was on Apr 2017 for a total of $5.4M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Apr 2017
$5.4M
-
Debt
Jun 2010
$9.2M
-
Debt
Aug 2009
$7.2M
-

Total Funding: $21.8M

Since RCI was founded in 1983, it has participated in 3 rounds of funding. In total RCI has raised $21.8M. RCI's last funding round was on Apr 2017 for a total of $5.4M

Investments

No recent investments found related to RCI

RCI News

September 5, 2020Zolmax News

RCI Hospitality (NASDAQ:RICK) Stock Price Up 5.2% After Dividend Announcement

RCI Hospitality Holdings Inc (NASDAQ:RICK) rose 5.2% on Friday after the company announced a dividend... See more »
September 4, 2020Markets Insider

RCI Hospitality Reports Improvement In Monthly Revenues | Markets Insider

(RTTNews) - RCI Hospitality Holdings, Inc. (RICK) reported that its August revenues for clubs and res... See more »
August 19, 2020Zolmax News

LSV Asset Management Has $3.88 Million Stock Position in RCI Hospitality Holdings Inc (NASDAQ:RICK)

LSV Asset Management reduced its position in shares of RCI Hospitality Holdings Inc (NASDAQ:RICK) by ... See more »

RCI Press Releases

February 27, 2020StreetInsider

RCI Reports 1Q20 Results and Files 10-Q

HOUSTON, Feb. 27, 2020 /PRNewswire/ --Â RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today reported ... See more »
February 20, 2020PR Newswire

RCI Increases Annual Cash Dividend on Common Stock by 7.7%

HOUSTON, Feb. 20, 2020 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today announced ... See more »
February 18, 2020centralcharts

RCI Receives Anticipated Nasdaq Letter

RCI Receives Anticipated Nasdaq Letter PR Newswire HOUSTON, Feb. 18, 2020 HOUSTON , Feb. 18, 2020 /PR... See more »
December 16, 2019centralcharts

RCI Updates on 10-K Filing, Revenues, Free Cash Flow, Share Buybacks, and Acquisitions

RCI Updates on 10-K Filing, Revenues, Free Cash Flow, Share Buybacks, and Acquisitions PR Newswire HO... See more »
October 3, 2019StreetInsider

RCI in Compliance with Nasdaq Periodic Filing Requirement

HOUSTON, Oct. 3, 2019 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) has been notified... See more »
August 15, 2019PR Newswire

RCI Increases Annual Cash Dividend on Common Stock by 8.3%

HOUSTON, Aug. 15, 2019 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today announced ... See more »
August 14, 2019StreetInsider

RCI Receives Anticipated Nasdaq Letter

HOUSTON, Aug. 14, 2019 /PRNewswire/ --Â RCI Hospitality Holdings, Inc. (Nasdaq: RICK) has received, a... See more »

Headquarters

10959 Cutten Road

Houston, Texas77066

281-397-6730

Driving Directions »

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Summary

ABOUT

Overview

RCI Hospitality owns and operates a chain of sports bars, clubs and restaurants. RCI was founded in 1983. RCI's headquarters is located in Houston, Texas, USA 77066. It has raised 21.8M in 3 rounds. The latest round was in Apr 2017. RCI's latest acqui...

CEO

RCI's Chairman & CEO, Eric Langan, currently has an approval rating of 75%. RCI's primary competitors are TAO, The ONE Group & Hakkasan.

Website

rcihospitality.com

Frequently Asked Questions about RCI

  1. When was RCI founded?

    RCI was founded in 1983
  2. Who is RCI's CEO?

    RCI's CEO is Eric Langan
  3. How much revenue does RCI generate?

    RCI generates $148.7M in revenue
  4. How much funding does RCI have?

    RCI has historically raised $21.8M in funding
  1. Where is RCI's headquarters?

    RCI's headquarters is in Houston Texas, USA
  2. How many employees does RCI have?

    RCI has 2,050 employees
  3. What sector does RCI operate in?

    RCI is in Restaurants, Hotels
  4. Who are RCI's competitors?

    RCI's top competitors are TAO, The ONE Group, Hakkasan