RCI Hospitality Holdings, Inc. (RICK)

Operator of adult nightclubs and sports bars in the United States under brands like Rick's Cabaret and Bombshells.

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RCI Hospitality Holdings, Inc., formerly known as Rick's Cabaret International, Inc., operates within the hospitality sector in the United States through various subsidiaries. The company is structured into three main segments: Nightclubs, Bombshells, and Other. Under its Nightclubs segment, RCI Hospitality owns and manages a portfolio of upscale adult entertainment venues catering primarily to businessmen and professionals. These establishments include well-known names such as Rick's Cabaret, Jaguars Club, Tootsie's Cabaret, XTC Cabaret, and Scarlett's Cabaret, among others, offering a range of entertainment and hospitality services.

In addition to its nightclub operations, RCI Hospitality diversifies its business with the Bombshells Restaurant & Bar brand, encompassing both company-owned and franchised locations. These establishments combine dining, sports bars, and entertainment, targeting a broader audience with a casual dining experience. Beyond its physical locations, RCI Hospitality extends its influence through ownership of industry-specific conventions, trade publications, award shows, and a network of websites serving the adult nightclub and retail products industries.

Founded in 1983 and headquartered in Houston, Texas, RCI Hospitality Holdings has evolved to include strategic initiatives such as the licensing of Robust Energy Drink in the United States. This diversification reflects the company's proactive approach to expanding its footprint and leveraging its expertise in the hospitality and entertainment sectors. With a robust portfolio and a strong presence in key markets, RCI Hospitality continues to innovate and grow, maintaining its position as a leader in adult entertainment and hospitality services.

Looking ahead, RCI Hospitality Holdings remains committed to enhancing customer experiences, exploring new business opportunities, and delivering value to its shareholders. The company's comprehensive approach to hospitality, entertainment, and dining underscores its resilience and adaptability in a dynamic industry landscape.

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