RCI Hospitality Holdings, Inc. (NASDAQ:RICK) Q1 2023 Earnings Conference Call February 9, 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

Mark Moran

Greetings and welcome to RCI Hospitality Holdings First 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 information page. Scroll down and you'll find all the necessary links.

Please turn with me to slide two of our presentation. I'm Mark Moran, CEO of Equity Animal. I will 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 Chhay, CFO, who is in Houston, home of one of my favorite clubs Club Onyx managed by Josh Brooks.

Please turn with me to slide three. If you aren't doing so already, it's easy to participate in the call on Twitter Spaces. On Twitter go to @RicksCEO and select the space titled Rick RCI Hospitality Holdings Inc. 1Q '23 Earnings Call. To ask a question, you'll 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 webcasting.

With Twitter having glitches today, in the event of a crash we’ll restart the Space, and if that fails, more to the tiling. A question-and-answer session will follow. And this conference is being recorded.

Please turn with me to slide four. I want to remind everyone 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.

Please turn with me to Slide 5. I also direct you, to the explanation of Rick's non-GAAP measurements. I would like to encourage everyone, to retweet and share this date. Finally, I'd like to invite everyone listening in the New York City area to join me and Eric tonight at 7:00 to meet management at Rick's Cabaret, New York, one of RCI's top revenue-generating clubs.