RCI Hospitality: Back To Basics
Portfolio Pulse from
RCI Hospitality is implementing a 'Back-to-Basics' strategy to improve performance by divesting underperforming Bombshells locations and focusing on club acquisitions and share buybacks. The company aims for $400 million in sales and $75 million in free cash flow by FY2029, with a potential 26% upside to a fair value of $70.8.
January 10, 2025 | 10:30 pm
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RCI Hospitality is focusing on divesting underperforming Bombshells locations and enhancing its club acquisition strategy. The company targets $400 million in sales and $75 million in free cash flow by FY2029, with a potential 26% upside to a fair value of $70.8.
RCI Hospitality's strategic focus on divesting underperforming assets and enhancing its core business through acquisitions and share buybacks is likely to improve financial performance. The company's ambitious financial targets suggest a positive outlook, supporting a potential 26% upside in stock value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100