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Slide #25. Rick's Cabaret International, Inc. — Adult Business In Midtown New York City
Rick's Cabaret International, Inc. (NASDAQ:RICK)
Adult Business In Midtown New York City
Rick's Cabaret International, Inc., the publicly traded group of upscale gentlemen's clubs, has agreed to acquire a second adult business in midtown New York City. The company plans to create a new gentlemen's club on the midtown Manhattan site near Times Square.
RCI Hospitality Holdings is a holding company. Through its subsidiaries, Co. operated establishments that provided live adult entertainment, and/or restaurant and bar operations. Co. also operates a business communications company serving adult nightclubs industry. Co.'s operating segments include: Nightclubs, which operates upscale adult nightclubs serving primarily businessmen and personnels; Bombshells Restaurants and Bars, which operates non-adult nightclubs, restaurants, and sports bars; and Media Group, which owns a media division, including the trade magazine serving the adult nightclubs industry and the adult retail products industry.
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Strong Buy (4.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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