RCI Hospitality Holdings, Inc. (NASDAQ:RICK) Q2 2023 Earnings Conference Call May 10, 2023 4:30 PM ET

Company Participants

Mark Moran - Chief Executive Officer, Equity Animal

Eric Langan - President & Chief Executive Officer

Bradley Chhay - Chief Financial Officer

Conference Call Participants

Scott Buck - H.C. Wainwright

Anthony Lebiedzinski - Sidoti

Lynne Collier - Water Tower Research

Rob McGuire - Granite Research

Joe Gomes - Noble Capital Markets

Adam Wyden - Individual Shareholder

Operator

Greetings and welcome to RCI Hospitality Holdings Second Quarter Fiscal 2023 Earnings Call. You can find RCI's presentation on the company's website. Click Company and Investor Information under the RCI logo, that will take you to the company and investor info page, scroll down and you'll find all the necessary links.

Please turn with me to Slide 2 of our presentation. I'm Mark Moran, CEO of Equity Animal. I'll be the host of our call today. I'm here in New York City with Eric Langan, President and CEO of RCI Hospitality; and Bradley, the human calculator [indiscernible], the Chief Financial Officer.

Please turn with me to Slide 3. If you aren't doing so already, it is easy to participate in the call on Twitter Spaces. On Twitter, go to @RicksCEO and select the space titled $RICK RCI Hospitality Holdings, Inc. 2Q23 Earnings Call. Apologies for the technical difficulties here. Looks like we're back at it. To ask a question, you will need to join the Twitter Space with a mobile device. To listen-only, you can join the Twitter Space on a personal computer. RCI is also making this call available for listen-only through traditional landline and webcast. At this time, all participants are in a listen-only mode. A question-and-answer session will follow. This conference is being recorded.

Please turn with me to Slide 4. I want to remind everybody of our safe harbor statement, you may hear or see forward-looking statements that involve risks and uncertainties, actual results may differ materially from those currently anticipated. We disclaim any obligation to update information disclosed in this call as a result of developments that occur afterwards.

Now, please turn with me to Slide 5. I'd also direct you to the explanation of Rick's non-GAAP measurements. Finally, I'd like to invite everyone listening in the New York City area to join Eric, Bradley and me tonight at 7 o'clock to meet management at Rick's Cabaret New York, one of RCI's top revenue-generating clubs. Rick's is located at 50 West 33rd between 5th Avenue and Broadway, a little in from Herald Square. If you haven't RSVP, ask form me or Eric at the door.