Movers and SHAKERS
RCI Hospitality (RICK)
NobleCon 18 Presentation
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.
NobleCon 18. RCI CEO Eric Langan presented at NobleCon 18. The Company highlighted its strategy of building a portfolio of well managed, high cash flowing nightclubs and restaurants. A rebroadcast is available at https://noble.mediasite.com/mediasite/Catalog/Full/4ec6170801b441318e66ea53d53540a421 .
Portfolio of Hospitality Venues. RCI has built a strong portfolio of 49 Gentlemen's Clubs across 13 states and 11 Bombshells restaurants. These business feature strong cash generation, real estate ownership, and barriers to entry, specifically in the Gentlemen's Clubs segment ...
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.