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RCI to Report 3Q22 Club & Restaurant Sales and Hold Twitter Spaces Call Tuesday, July 12, 2022

HOUSTON—July 11, 2022—RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced it will report fiscal third quarter sales for its Nightclubs and Bombshells restaurants before the market opens on Tuesday, July 12, 2022. Management will participate in a related Twitter Spaces conference call that morning at 10:30 AM ET. The Twitter Spaces call will be hosted by RCI President & CEO Eric Langan; co-hosted by WOLF Financial and Mark Moran of Litquidity; and accessible at https://twitter.com/i/spaces/1lDGLLLYMQwGm. A replay will be available immediately thereafter.

About RCI Hospitality Holdings, Inc. (Nasdaq: RICK) www.rcihospitality.com

With more than 50 units, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in gentlemen's clubs and sports bars/restaurants. Clubs in New York City, Chicago, Dallas-Fort Worth, Houston, Miami, Minneapolis, Denver, St. Louis, Charlotte, Pittsburgh, Raleigh, Louisville, and other markets operate under brand names such as Rick's Cabaret, XTC, Club Onyx, Vivid Cabaret, Jaguars Club, Tootsie's Cabaret, and Scarlett's Cabaret. Sports bars/restaurants operate under the brand name Bombshells Restaurant & Bar.

Forward-Looking Statements

This press release may contain forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated, including, but not limited to, the risks and uncertainties associated with (i) operating and managing an adult business, (ii) the business climates in cities where it operates, (iii) the success or lack thereof in launching and building the company's businesses, (iv) cyber security, (v) conditions relevant to real estate transactions, (vi) the impact of the COVID-19 pandemic, and (vii) numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. For more detailed discussion of such factors and certain risks and uncertainties, see RCI's annual report on Form 10-K for the year ended September 30, 2021, as well as its other filings with the U.S. Securities and Exchange Commission. The company has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances.

Media & Investor Contacts

Gary Fishman and Steven Anreder at 212-532-3232 or gary.fishman@anreder.com and steven.anreder@anreder.com

© RCI Internet Services INC., Rick’s Cabaret, Club Onyx, Silver City, XTC Cabaret, Foxy’s Cabaret, Hoops Cabaret, PT’s Showclub, Diamond Cabaret, Jaguar Club, The Seville Club and Bombshells Restaurant and Bar are registered trademark of RCI Hospitality Holdings, Inc. All links to social media platforms found linked from this website are provided as a service and convenience to our guests. We make no representation concerning the content, quality, accuracy, legality or suitability of their content. Rick’s Cabaret makes no endorsement, expressed or implied, to any social media platforms, and as such is not responsible for their content. All photos are stock photos, posed by model.
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