RCI Hospitality Holdings, Inc. (Nasdaq: RICK)

Analyst: Rob McGuire
Target Price: $83.00 / Rating: Buy

RCI Hospitality Holdings, Inc. (“RCI” or the “Company”) is the largest publicly traded owner of nightclubs, as well as the owner and operator of a military-themed sports bar and restaurant chain called Bombshells. One of RCI’s historical hallmarks has been a high-end nightclub experience, offering food, cocktails, and diverse entertainment. Bombshells pays homage to all US military branches and servicemembers, offering free meals to veterans on Veteran’s Day and a standing discount of 20% off of meals for active-duty personnel. Locations are designed with hanger-like interiors and outside patios. The high-energy atmosphere is focused on sports and social enjoyment, featuring multiple TVs, DJs, bands, and waitstaff with military-inspired uniforms. The Company was founded in 1983 and held an initial public offering in 1995.

Standard Research Reports

Comprehensive Report
(May 23, 2022)

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