RCI Hospitality Holdings Inc (RICK) Sector
Consumer Discretionary

(Current) $52.43
-0.10 (-0.19%) Open Price: 52.93

 

RCI Hospitality Holdings Inc. is a publicly traded company that operates a diverse portfolio of adult entertainment venues, nightclubs, and restaurants across the United States. Established in 1983 and headquartered in Houston, Texas, RCI Hospitality Holdings has become a significant player in the hospitality industry, focusing on providing unique entertainment experiences to its clientele.

 

At the core of RCI Hospitality Holdings' business is its ownership and operation of gentlemen's clubs and adult entertainment venues, such as Rick's Cabaret and Vivid Cabaret. These establishments offer a range of adult entertainment services, from live performances to private dances, in an environment designed to provide an engaging and enjoyable experience for patrons seeking adult-oriented entertainment.

 

The company also operates a chain of upscale restaurants under the Bombshells brand, which combines elements of sports bars and casual dining establishments. Bombshells' menu offerings, along with its focus on hosting sports events and providing an inviting atmosphere, cater to a broader audience while maintaining a connection to RCI's hospitality roots.

 

RCI Hospitality Holdings' success is partly attributed to its ability to adapt to changing consumer preferences and market trends. The company has diversified its offerings to include different entertainment concepts and explore various geographic locations, allowing it to capture a broader customer base.

 

The company's strategic growth approach includes both organic expansion and acquisitions. RCI Hospitality Holdings has leveraged its industry expertise to identify potential targets for acquisition and successfully integrate them into its portfolio, expanding its reach and diversifying its offerings.

 



 

(12/11/24) $52.93
(12/12/24) $52.53
(12/12/24) (Qty.)28,659
(12/11/24) $52.15
(12/11/24) $53.71
(12/01/24) $49.86
(11/24/24) $53.84
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