RCI to Hold 2Q22 Earnings Call on Twitter Spaces

Research, News, and Market Data on RCI Hospitality Holdings

Will Be First Company to Use Twitter Spaces for
Earnings Call

HOUSTON – April 25, 2022 – RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced plans to be the first company to use Twitter’s Spaces platform for its 2Q22 earnings conference call. RCI now becomes the first mover to embrace a new medium of corporate communication that the company hopes will increase informational access to current and prospective shareholders.

Eric Langan, President and CEO of RCI Hospitality
Holdings, Inc., said, “Twitter is the social media town square for people, news, and ideas. As we continue to build off our industry leadership, it’s only natural that we are the first company to use Twitter’s Spaces in this way.”

RCI’s use of Twitter Spaces is being facilitated by Litquidity
Media, Inc., a digital media company reaching over a million investors and finance leaders each month with its portfolio of social media brands and coverage of Wall Street culture.

The call will be held Monday or Tuesday, May 9 or 10, 2022, at 4:30 PM ET. The company plans to file a 10-Q for its fiscal 2022 second quarter ended March 31, 2022, after the market closes the day of the call. RCI will announce the call date and more Twitter Spaces information when it is finalized.

After the call ends, investors can spend the evening meeting management at Tootsie’s Cabaret Miami, RCI’s 74,000 square foot mega club.

Twitter Spaces Details

• Host Account: @RicksCEO
• Corporate Account: @RCIHHinc
• Operator Account: @itsmarkmoran of Litquidity Media, Inc. (@litcapital)
• Listeners will have to use Twitter Spaces to ask a question during the Q&A

Telephone Details

• Live Participant Phone: Toll Free 888-506-0062, International 973-528-0011, Passcode: 384318
• Phone replay: Toll Free 877-481-4010, International 919-882-2331, Passcode: 45285

Slides & Webcast Details

• Live webcast, slides or replay link: https://www.webcaster4.com/Webcast/Page/2209/45285

Meet Management Details

• Tootsie’s Cabaret Miami, 150 NW 183rd St., Miami, FL 33169
• RSVP your contact information to gary.fishman@anreder.com

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 adult nightclubs 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.

______________________

 

Gary M. Fishman

Anreder & Company

Office: 212-532-3232

Mobile: 917-566-9869

http://www.anreder.com

Schwazze Announces Virtual Town Hall Meeting

Research, News, and Market Data on Schwazze

 

DENVER, Colo., April 25, 2022 /CNW/ – Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) (“Schwazze” or the “Company”), is pleased to announce that Justin Dye, Chairman & CEO will present to investors in a live VID Forum Town Hall on Tuesday, April 26, 2022, at 11:00 am EST. Management will field Q&A from investors and interested parties after their presentation. Please sign up here to register.

The Webinar will be interactive and will be hosted by VID Conferences.  All stakeholders and interested investors are welcome to tune in and participate with questions. The playback will then be available on the Company’s website.

About Schwazze
Schwazze (OTCQX: SHWZ) (NEO: SHWZ) is building a premier vertically integrated regional cannabis company with assets in Colorado and New Mexico and will continue to take its operating system to other states where it can develop a differentiated regional leadership position. Schwazze is the parent company of a portfolio of leading cannabis businesses and brands spanning seed to sale. The Company is committed to unlocking the full potential of the cannabis plant to improve the human condition. Schwazze is anchored by a high-performance culture that combines customer-centric thinking and data science to test, measure, and drive decisions and outcomes. The Company’s leadership team has deep expertise in retailing, wholesaling, and building consumer brands at Fortune 500 companies as well as in the cannabis sector. Schwazze is passionate about making a difference in our communities, promoting diversity and inclusion, and doing our part to incorporate climate-conscious best practices. Medicine Man Technologies, Inc. was Schwazze’s former operating trade name. The corporate entity continues to be named Medicine Man Technologies, Inc.

Schwazze derives its name from the pruning technique of a cannabis plant to enhance plant structure and promote healthy growth.

Forward-Looking Statements
This press release contains “forward-looking statements.” Such statements may be preceded by the words “plan,” “will,” “may,”, “predicts,” or similar words. Forward-looking statements are not guarantees of future events or performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control and cannot be predicted or quantified. Consequently, actual events and results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) our inability to manufacture our products and product candidates on a commercial scale on our own or in collaboration with third parties; (ii) difficulties in obtaining financing on commercially reasonable terms; (iii) changes in the size and nature of our competition; (iv) loss of one or more key executives or scientists; (v) difficulties in securing regulatory approval to market our products and product candidates; (vi) our ability to successfully execute our growth strategy in Colorado and outside the state, (vii) our ability to consummate the acquisition described in this press release or to identify and consummate future acquisitions that meet our criteria, (viii) our ability to successfully integrate acquired businesses and realize synergies therefrom, (ix) the ongoing COVID-19 pandemic, * the timing and extent of governmental stimulus programs, (xi) the uncertainty in the application of federal, state and local laws to our business, and any changes in such laws, and * out ability to satisfy the closing conditions for the private finding described in this press release. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (SEC), including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s website at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise except as required by law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/schwazze-announces-virtual-town-hall-meeting-301531590.html

SOURCE Medicine Man Technologies, Inc.

Image credit: Indrid Cold (Flickr)

The Untapped Economic Opportunity of Cannabis Tourism

 

Three years into the federal legalization of cannabis in Canada, almost all the pieces are in place for the growth of a robust cannabis tourism industry – except one.

Cannabis tourism includes the variety of activities, events and places that are part of any vacation or travel plans that incorporate cannabis. What’s missing are the rules around consuming cannabis socially in public settings, highlighting a broader issue about cannabis legalization in Canada.

 

This article was republished with permission from The Conversation, a news site dedicated to sharing ideas from academic experts. It was written by and represents the research-based opinions of Susan Dupej, SSHRC Postdoctoral Research Fellow, Gordon E. Lang School of Business and Economics, University of Guelph.

 

My recent research on the cannabis industry suggests that integrating cannabis consumption into tourism will have positive social impacts toward normalization, acceptance and tolerance of cannabis.

Re-framing a once-demonized substance as a legitimate recreational resource, tourism can play an important role in challenging stigma.

 

What is Cannabis Tourism?

Similar to findings from the United States, preliminary Canadian market research around cannabis travel point to untapped economic opportunities for incorporating cannabis into travel experiences. This interest is likely to increase as attitudes become more open towards cannabis.

Cannabis tourism can include a variety of services and experiences, such as tour companies, booking platforms, cannabis friendly accommodations, lounges, bud-tending services, spas, consumer trade shows, specialty travel guides, retail locations, as well as events such as festivals, comedy shows and others.

In all of its forms, cannabis tourism is an educational platform for sharing different types of knowledge about growing the plant, understanding how cannabis interacts with the body, legally purchasing cannabis, the different product types available, the different ways to consume cannabis and the cultural context surrounding cannabis in different locations.

 

Coffeeshop Smokey is a cannabis coffee shop located in Rembrandt Square, Amsterdam

 

If the iconic coffee shops of Amsterdam have taught us anything it’s that the ability to purchase and consume cannabis in a lounge-type setting, without fear of reprimand by the authorities or judgement by the general public, attracts tourism.

The ability to legally consume cannabis in public for social, recreational and leisure purposes offers timely opportunities for businesses in the tourism and hospitality industry hit hard by the pandemic.

Yet, a regulation gap has prevented the development of spaces in which people can responsibly consume cannabis products. In order for the cannabis tourism industry to move forward in a socially responsible and sustainable way, regulation is required in the area of cannabis consumption.

 

Closing the Regulation Gap

Closing the regulatory gap around cannabis consumption requires two things.

First, legislators must set aside outdated, uninformed and mistaken ideas that associate cannabis with deviancy and illegitimate behaviour. Education has a significant role to play changing perceptions.

Second, regulation around consumption must be thought of as an extension of the cannabis supply chain in Canada.

Similar to the legal production and sale of cannabis, spaces of public consumption can be regulated through licensing. Obtaining a license would enable a business to offer patrons the option of legally consuming cannabis on premises.

One level of hospitality licensing could include the on-site consumption of pre-packaged foods and beverages, which would allow an individual to purchase an edible at a café or lounge and consume it at the same establishment.

Another layer of licensing could address temporary events, such as concerts and festivals, with designated outdoor consumption areas for combustibles. Licensing also needs to address infused food and beverages prepared and served by restaurants.

 

A Global Leader in Cannabis Tourism?

Regulations are a great way to promote Canada as a safe destination to experience cannabis and entice the global travel audience. Beyond economic benefits, regulating cannabis consumption supports the government’s own objectives of reducing risk and supporting public health.

Most significantly, Canada is in a position to be a global leader in setting an international precedent for socially responsible and informed policy for an historically stigmatized and misunderstood substance.

But, a vibrant cannabis tourism industry in Canada is being held back by a lack of clear and meaningful rules. Regulations enabling public cannabis consumption will open up a new frontier for cannabis in Canada and, at the same time, push forward a socially responsible and progressive agenda for tourism that benefits tourists and citizens alike.

 

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GABY Inc. NobleCon18 Presentation

Schwazze  NobleCon18 Presentation

 

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Monday, April 25, 2022

Item 9 Labs (INLB)
Notes from NobleCon18

Item 9 Labs Corp. (OTCQX: INLB) is a vertically integrated cannabis operator and dispensary franchisor delivering premium products from its large-scale cultivation and production facilities in the United States. The award-winning Item 9 Labs brand specializes in best-in-class products and user experience across several cannabis categories. The company also offers a unique dispensary franchise model through the national Unity Rd. retail brand. Easing barriers to entry, the franchise provides an opportunity for both new and existing dispensary owners to leverage the knowledge, resources, and ongoing support needed to thrive in their state compliantly and successfully. Item 9 Labs brings the best industry practices to markets nationwide through distinctive retail experience, cultivation capabilities, and product innovation. The veteran management team combines a diverse skill set with deep experience in the cannabis sector, franchising, and the capital markets to lead a new generation of public cannabis companies that provide transparency, consistency, and well-being. Headquartered in Arizona, the company is currently expanding its operations space by 650,000+ square feet on its 50-acre site, one of the largest properties in Arizona zoned to grow and cultivate flower. For additional information, visit item9labscorp.com.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

NobleCon 18. Item 9 Labs CFO Bobby Mikkelsen presented at NobleCon18. The Company’s franchising strategy and expansion were the main focus of the presentation. A rebroadcast is available here.

Reg.  A Recap. Recall that in March of 2022, Item 9 Labs launched a regulation A offering of 28 million units of one share and one-half warrant, with a maximum proceed of $67.2 million. Management highlighted this offering in their presentation with the purpose of expanding the Unity Rd. franchise national footprint and growing the product into new markets, similarly to their expansion into New …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

 

Image Credit: Mike (Flickr)

April 20 Growing as a Day of Cannabis Recognition

 

Did you get your significant other a gift for 4/20 this year? Probably not, it isn’t considered a traditional mainstream gift-giving day like Valentines or Christmas. After all, April 20 recognizes, among other things, the counterculture that didn’t care much for the mainstream. So why would it become commercial in that way — the origin has more to do with a push for access and legalization. But there is a huge uptick in sales leading up to this day. And while many mainstreamers, myself included, only heard of the “420 code” a year or two ago, it is getting far more buzz than ever, and undoubtedly this will be even greater in the coming years.

What it Means for the Industry

Commercial cannabis providers would be missing an opportunity if they didn’t leverage the day’s recognition in a “Cinco de Mayo” meets “St. Patty’s Day” marketing effort. And they are. To confirm this I asked Margot Micallef the founder and CEO of GABY Inc. (GABLF) if 4/20 is a big day for dispensaries. She was gracious enough to take some time away from discussions with investors at NobleCon18 to respond. Ms. Micallef quickly said, “It’s Christmas for cannabis consumers!” She explained, “Consumers wait for it with anticipation and retailers love it because it brings consumers into their stores.”  

In a recent article, MJBiz.com refers to the day as “As the biggest shopping day of the year for the cannabis industry…” They say, leading up to 4/20/22 businesses were preparing by stocking more of their more perishable items such as rolled leaf.

Many dispensaries are providing discounts and sales this week to bolster even more traffic as the biggest shopping day of the year for the recreational sector of the industry peaks. Part of the preparation includes a focus on selling flower, mainly in the form of pre-rolls.

Just as Mother’s Day and Valentine’s is the high point of the year for selling roses and chocolate, the third week in April, the unofficial April 20 marijuana holiday resembles mainstream retail’s Black Friday shopping day after Thanksgiving in that consumers flock to cannabis stores to stock up on heavily discounted products. Most companies spend months preparing for this period.

The cannabis industry estimates that sales increase by about 30%-50% the week of 4/20. Using data from Headset, sales compared to an average week can be even higher. 

Broken out into product categories, the data forecasts week over average week increases of:

• Vape Pen +92%
• Pre-Rolls + 126%
• Edibles +124
• Flower +135%
• Concentrate 152%

If 4/20 grows as the day to recognize the efforts of the counterculture and all subsequent movements to provide more freedom of choice, it will serve the industry well. Investors should take note, perhaps it could even become a benchmark for the cannabis business similar to Black Friday has for other retailers. I spoke with Justin Dye, Chairman and CEO of Schwazze (SHWZ). Schwazze is the largest cannabis company in Colorado by revenue. Justin was also busy with investors at NobleCon18, but took time to discuss the industry and the opportunity. Dye said, “The cannabis industry is maturing and a terrific growth sector.” He explained, “The industry is countercyclical, and trading at all-time lows. It is just a matter of time before meaningful catalysts such as safe banking regulation and continued legalization buoy the industry.”

Not unlike other industries that maintain their status most of the year, but have one or two celebrations that they “own,” The cannabis industry will certainly be well served by further elevating 4/20 as a day where even those that don’t partake all year long, participate in their own way.

Paul Hoffman

Managing Editor, Channelchek

Suggested Reading

Cannabis Legalization and the Road for Psychedelics

Psychedelic Laws and Investments May Follow Cannabis’ Success

Marijuana Hits the House This Spring

The Synergistic Effects of Crypto on Cannabis Businesses

 

Sources

https://mjbizdaily.com/how-cannabis-companies-are-capitalizing-on-420-amid-easing-covid-19-restrictions/

https://www.headset.io/solutions/retailers-and-dispensaries

https://www.vox.com/policy-and-politics/2019/4/19/18484698/what-is-420-meaning-marijuana-legalization

 

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FAT Brands Inc. Announces Second Quarter Cash Dividend on Class A Common Stock and Class B Common Stock

Research, News, and Market Data on FAT Brands

 

Los Angeles, CA, April 18, 2022 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT), a leading global franchising company and parent company of iconic brands including Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Twin Peaks, Fazoli’s and 11 other restaurant concepts, announced today that its Board of Directors has declared the Company’s fiscal 2022 second quarter cash dividend of $0.13 per share on each outstanding share of Class A common stock and Class B common stock. The dividend is payable on June 1, 2022 to holders of record of Class A common stock and Class B common stock as of the close of business on May 16, 2022.

The declaration and payment of future dividends, as well as the amounts thereof, are subject to the discretion of the Company’s Board of Directors. The amount and size of any future dividends will depend upon the Company’s future results of operations, financial condition, capital levels, cash requirements and other factors. There can be no assurance that the Company will declare and pay dividends in future periods.

About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands Inc. (NASDAQ: FAT) (the Company) is a leading global franchising company that strategically acquires, markets and develops quick service, fast casual and casual dining restaurant concepts around the world. The Company currently owns seventeen restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean, Ponderosa and Bonanza Steakhouses and franchises and owns over 2,300 units worldwide. For more information, please visit www.fatbrands.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to significant business, economic and competitive risks, uncertainties and contingencies including, but not limited to, uncertainties surrounding the severity, duration and effects of the COVID-19 pandemic, many of which are difficult to predict and beyond our control, which could cause our actual results to differ materially from the results expressed or implied in such forward-looking statements. We refer you to the documents we file from time to time with the Securities and Exchange Commission, such as our reports on Form 10-K, Form 10-Q and Form 8-K, for a discussion of these and other risks, uncertainties and contingencies. We undertake no obligation to update any forward-looking statement to reflect events or circumstances occurring after the date of this press release.

Investor Relations:
ICR
Lynne Collier
IR-FATBrands@icrinc.com
646-430-2216

Media Relations:
Erin Mandzik
emandzik@fatbrands.com
860-212-6509

Fatburger Rolls Out First Theme Park Location at Six Flags Great Adventure

Research, News, and Market Data on FAT Brands

 

LOS ANGELES, April 18, 2022 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, is pleased to announce that Fatburger has officially opened its first theme park location to date at Six Flags Great Adventure in Jackson, NJ. The restaurant marks the second Fatburger in the state and will provide parkgoers with the chain’s famous cooked to order burgers, fries, and milkshakes.

“We have been exploring opportunities to make this growth move for some time and are pleased that we are able to make our foray into this space with such a strong partner as Six Flags,” said Jake Berchtold, COO of FAT Brands’ Fast Casual Division. While there are a number of new attractions at the park this year, we hope our delicious burgers and fries are the first to catch the eye of parkgoers.”

Ever since the first Fatburger opened in Los Angeles 70 years ago, the chain has been known for its delicious, grilled-to-perfection and cooked to order burgers. Founder Lovie Yancey believed that a big burger with everything on it is a meal in itself; at Fatburger “everything” is not just the usual roster of toppings. In addition to its famous burgers, the Fatburger menu also includes Skinny Fries, Chili Cheese Fries and milkshakes made from 100% real ice cream.

“At Six Flags Great Adventure, we’re known for our record-breaking rides and innovations. We’re thrilled to elevate our food offerings with the very first theme park Fatburger location and to bring a taste of Hollywood to our park,” said Six Flags Great Adventure President John Winkler.

For more information or to find a Fatburger near you, please visit www.fatburger.com.

About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. The Company currently owns 17 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 2,300 units worldwide.

About Fatburger

An all-American, Hollywood favorite, Fatburger is a fast-casual restaurant serving big, juicy, tasty burgers, crafted specifically to each customer’s liking. With a legacy spanning 70 years, Fatburger’s extraordinary quality and taste inspire fierce loyalty amongst its fan base, which includes a number of A-list celebrities and athletes. Featuring a contemporary design and ambience, Fatburger offers an unparalleled dining experience, demonstrating the same dedication to serving gourmet, homemade, custom-built burgers as it has since 1952 – The Last Great Hamburger Stand^™.

MEDIA CONTACT:
Erin Mandzik, FAT Brands
emandzik@fatbrands.com
860-212-6509

Elite Education Group International CFO Zhenyu Wu & Director Craig Wilson provide a preview of their upcoming presentation at NobleCon18 NobleCon18 – Noble Capital Markets 18th Annual Small and Microcap Investor Conference – April 19-21, 2022 – Hard Rock, Hollywood, FL 100+ Public Company Presentations | Scheduled Breakouts | Panel Presentations | High-Profile Keynotes | Educational Sessions | Receptions & Networking Events Free Registration Available – More Info News and Advanced Market Data on EEIQ NobleCon18 Presenting Companies About Elite Education Group Elite Education Group International Limited (“Elite Education” or the “Company”), through its subsidiaries Quest Holding International LLC and Highrim Holding International Limited, provides comprehensive education solutions for domestic and international students interested in university and college degree programs in the US, Canada and the UK. The Company recently acquired 80% of the equity of EduGlobal College, based in British Columbia, Canada, which focuses on English proficiency educational programming for students pursuing academic degrees. The Company also recently acquired the right to a controlling equity ownership position in Davis College, a career training college located in Toledo, Ohio. In addition, the Company has a recruiting relationship with the regional campuses of Miami University located in Oxford, Ohio (“the MU Regional Campuses”), where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University. The Company also acts as a recruiting agent for the University of the West of Scotland (through The Education Group (London) Ltd) and Coventry University, both of which are located in the United Kingdom. For more information, please visit www.eei-global.net.

1-800-FLOWERS.COM, Inc. to Release Results for its Fiscal 2022 Third Quarter on Thursday, April 28, 2022

Research, News, and Market Data on 1-800-FLOWERS.COM

 

JERICHO, N.Y.–(BUSINESS WIRE)– 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS),a leading provider of gifts designed to help customers express, connect and celebrate, today announced that the Company will release financial results for its fiscal 2022 third quarter (ended 3/27/22) on Thursday, April 28, 2022. The press release will be issued prior to market opening and will be followed by a conference call with members of senior management at 8:00 a.m. (ET).

The conference call will be available via live webcast from the Investor Relations section of the Company’s website at 1800flowersinc.com. A recording of the call will be posted on the website within two hours of the call’s completion. A telephonic replay of the call can be accessed beginning at 2:00 p.m. (ET) on April 28, 2022, through May 5, 2022, at: (US) 1-877-344-7529; (
Canada) 855-669-9658; (International) 1-412-317-0088; enter conference ID #:5119258. If you have any questions regarding the above information, please call the Investor Relations office at (516) 237-6131.

Special Note Regarding Forward-Looking Statements:
Some of the statements contained in the Company’s scheduled Thursday, April 28, 2022, press release and conference call regarding its fiscal 2022 third quarter (ended 3/27/22) results, other than statements of historical fact, may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. For a more detailed description of these and other risk factors, please refer to the Company’s SEC filings including its Annual Reports and Forms 10K and 10Q available at the Investor Relations section of the Company’s website at 1800flowersinc.com. The Company expressly disclaims any intent or obligation to update any of the forward-looking statements made in the scheduled conference call and any recordings thereof, or in any of its SEC filings, except as may be otherwise stated by the Company.

About1-800-FLOWERS.COM, Inc.
1-800-FLOWERS.COM, Inc. is a leading provider of gifts designed to help customers express, connect and celebrate. The Company’s e-commerce business platform features an all-star family of brands, including: 1-800-Flowers.com®, 1-800-Baskets.com®, Cheryl’s Cookies®, Harry & David®, PersonalizationMall.com®, Shari’s Berries®, FruitBouquets.com®, Moose Munch®, The Popcorn Factory®, Wolferman’s Bakery®, Vital Choice®, Stock Yards® and Simply Chocolate®. Through the Celebrations Passport® loyalty program, which provides members with free standard shipping and no service charge across our portfolio of brands, 1-800-FLOWERS.COM, Inc. strives to deepen relationships with customers. The Company also operates BloomNet®, an international floral and gift industry service provider offering a broad-range of products and services designed to help members grow their businesses profitably; Napco?, a resource for floral gifts and seasonal décor; DesignPac Gifts, LLC, a manufacturer of gift baskets and towers; and Alice’s Table®, a lifestyle business offering fully digital livestreaming floral, culinary and other experiences to guests across the country. 1-800-FLOWERS.COM, Inc. was recognized among the top 5 on the National Retail Federation’s 2021 Hot 25 Retailers list, which ranks the nation’s fastest-growing retail companies. Shares in 1-800-FLOWERS.COM, Inc. are traded on the NASDAQ Global Select Market, ticker symbol: FLWS. For more information, visit 1800flowersinc.com or follow @1800FLOWERSInc on Twitter.

FLWS-COMP
FLWS-FN

Investor:

Joseph D. Pititto

(516) 237-6131

invest@1800flowers.com

Media:

Kathleen Waugh

(516) 237-6028

kwaugh@1800flowers.com

Source: 1-800-FLOWERS.COM, Inc

FAT Brands Announces Michael G. Chachula as Chief Information Officer

Research, News, and Market Data on FAT Brands

 

Global Restaurant Fr anchising Company Hires Award-Winning IT Veteran to Support Growing Brand Portfolio

LOS ANGELES, April 14, 2022 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc., announces the hiring of its first Chief Information Officer, Michael G. Chachula. Chachula joins FAT Brands with over 25 years of senior management experience in business and technology and will be focused on delivering scalable, sustainable, and efficient technology platforms across the portfolio and franchise system to aid in the growth of the company.

A seasoned executive with experience across the financial services, consumer goods, pharmaceuticals, and hospitality industries, Chachula has a track-record of identifying and implementing innovative technological solutions that drive further revenue growth. Most recently, Chachula was the Head of Digital and Revenue Growth for The Coffee Bean & Tea Leaf^®. He focused on delivering an enterprise POS solution, CRM, marketing automation, and cross-channel Omni-Channel growth solutions for the brand and its franchise system. Prior to that, Chachula served as the Head of Technology and Executive Director for IHOP^® Restaurants within the Dine Brands Global Inc. portfolio. While at IHOP, Chachula introduced online ordering, delivery, POS, and CRM alternatives, technology footprint simplifications, and numerous other technology improvements, focusing on corporate and franchisee scalability, enablement, and profitability.

In addition, under Chachula’s leadership, IHOP was presented with CIO Magazine’s 2018 CIO 100 award for in-car marketplace ordering through the dashboard console and natural voice ordering on Amazon’s Alexa as well as Google Home. These initiatives changed the brand’s narrative, moving IHOP to the forefront of technology innovation, providing new and exciting experiences for customers.

“Michael’s experience is a perfect fit to support the growing FAT Brands’ portfolio,” said Thayer Wiederhorn, Chief Operating Officer of FAT Brands. “Michael’s extensive technology background and industry knowledge will help FAT Brands strengthen our technology ecosystem, develop strategic partnerships, and support our domestic and international growth, which, in turn, will enable our company and franchisees to become more efficient and profitable.”

“I am so pleased to join FAT Brands, a company with a proven business model and incredibly talented management team,” said Michael Chachula. “Throughout the pandemic, technology has been front and center in the restaurant space, and, as we look to a post-COVID world, it will be even more imperative to have strong systems in place at the corporate, franchisee and consumer level. I look forward to amplifying what is currently in place and identifying new solutions that will keep FAT Brands at the forefront of our industry.”

For more information on FAT Brands, visit www.fatbrands.com.

About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. The Company currently owns 17 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 2,300 units worldwide.

MEDIA CONTACT :
Erin Mandzik, FAT Brands
emandzik@fatbrands.com
860-212-6509

Source: FAT Brands Inc.

Wednesday, April 13, 2022

RCI Hospitality (RICK)
Strong Preliminary 2Q22 Sales

RCI Hospitality Holdings, Inc. through its subsidiaries owns and operates establishments that offer live adult entertainment, restaurant, and/or bar operations. The company also owns and operates a communication company serving the adult nightclubs industry. RCI’s operating business segments includes Nightclubs and Bombshells restaurants and bars. It operates nightclubs through the following brands: Rick’s Cabaret, Vivid Cabaret, Tootsie’s Cabaret, Club Onyx, and Jaguars Club. In the restaurants segment, the company is building a chain of Bombshells Restaurants and Sports Bars in Dallas, Austin, and Houston, Texas.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Club and Bombshells Sales. RCI reported preliminary second quarter 2022 sales for the nightclubs and Bombshells restaurants of $63.0 million. Same store sales for the quarter rose 9.0% and are up 14.8% for the first six months. This number does not include non-core operations. We projected full 2Q22 revenue of $65.3 million. We expect RCI to report full 2Q22 results by May 10th.

Record March.  RCI achieved a record month in March, with sales of $24 million, a strong indicator of future normalized performance, in our view. The October acquisitions continue to improve, with the 11 clubs recovering to 95% of their March 2019 sales. Sales for northern clubs hit a twelve month high in March as COVID restrictions eased …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

 

FAT Brands’ Quick-Service Division Continues Strong Growth Momentum, Signing Development Agreements Totaling Over 50 New Stores

Research, News, and Market Data on FAT Brands

 

Global Franchise Group, Now FAT Brands’ Quick-Service Division, Experiences Strong Franchisee Demand Following June 2021 Acquisition

LOS ANGELES, April 13, 2022 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Round Table Pizza, Great American Cookies, Marble Slab Creamery, and 14 other restaurant concepts, announces its Quick-Service Division has signed 20 new development deals, totaling over 50 additional units, following the acquisition of Global Franchise Group in June 2021. The acquisition marked FAT Brands’ foray into both the snack and pizza categories, adding the following brands: Round Table Pizza, Great American Cookies, Marble Slab Creamery, Hot Dog on a Stick and Pretzelmaker.

Since the formation of the Quick-Service Division, composed of the brands from the Global Franchise Group acquisition, demand has been high for new franchises, in particular, amongst existing franchisees. The Great American Cookies & Marble Slab Creamery co-branded restaurant model continues to be attractive to new and existing franchisees alike with new deals in areas including Nashville, Tenn., Houston and Shreveport, La. Round Table Pizza is also deepening its presence in California, with agreements signed for nine new locations to open throughout the state in the coming years. Additional deals were also signed for Great American Cookies, Marble Slab Creamery, Hot Dog on a Stick and Pretzelmaker. In total, there are over 150 units in the pipeline in the Quick-Service Division with over 30 locations set to open their doors in 2022.

“While the pandemic has certainly impacted the restaurant space, we are so fortunate to have a deep store pipeline in addition to solid same-store-sales growth,” said Jenn Johnston, President of FAT Brands’ Quick-Service Division. “In the fourth quarter of 2021, same-store-sales within the division were up 10.6% in comparison to 2019 and up 16.1% in comparison to 2020. Since joining FAT Brands, we have increased our scale, offered franchisees access to new services, and have formed new synergies at both the brand and corporate level.”

“The Quick-Service brands have been a strong addition to the FAT Brands portfolio,” said Taylor Wiederhorn, Chief Development Officer of FAT Brands. “In just nine months we have made incredible traction in not only integrating the brands, but also in signing new development deals. We look forward to continuing to broaden the division’s presence on a global level in the years to come.”

For more information on FAT Brands, please visit www.fatbrands.com.

About FAT (Fresh. Authentic. Tasty.) Brands
FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. The Company currently owns 17 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 2,300 units worldwide. For more information on FAT Brands, please visit www.fatbrands.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the timing and performance of new store openings. Forward-looking statements reflect expectations of FAT Brands Inc. (“we”, “our” or the “Company”) concerning the future and are subject to significant business, economic and competitive risks, uncertainties and contingencies, including but not limited to uncertainties surrounding the severity, duration and effects of the COVID-19 pandemic. These factors are difficult to predict and beyond our control, and could cause our actual results to differ materially from those expressed or implied in such forward-looking statements. We refer you to the documents that we file from time to time with the Securities and Exchange Commission, such as our reports on Form 10-K, Form 10-Q and Form 8-K, for a discussion of these and other factors. We undertake no obligation to update any forward-looking statement to reflect events or circumstances occurring after the date of this press release.

MEDIA CONTACT:
Erin Mandzik, FAT Brands
emandzik@fatbrands.com
860-212-6509