RICK RCI Hospitality Holdings Inc

$RICK Fair value $72-78z LOOK at $NKE and so many still expensive legacy hype &hope stories. $LULU $SBUX Market saturation is real. RICK can keep gobbling up good cream of the crop locations as owners get old and die. Just like POOL they pac man the industry buying for 3-5x earnings. FCF/shr is going to be between $1.40-1.70 for q4. Sales # out in a few weeks which will show how they are doing as other places close up locations.

$RICK FPE is now a 6! After reviewing the Texas beverage data and the fact that new bombshells are in high gear I’m thinking we break above $70 mil on store sales alone. This walk down by shorts is a joke, but until we get new buyers this is just algos pushing the price around. FCF is going to be $1.50 per share min if there are no impairments like last year. Given everything is working at good capacity there should be no reason for any write downs and YOY will be a triple digit blowout. Better than $SBUX $SHAK $CAVA

$RICK Texas beverage report for July and August show double digit growth on Bombshells liquor sales. September will likely be the same with Club sales flat. Now this is just Texas but this means the doom and gloom is wrong. Sales numbers should exceed $69 mil with an additional 4-5 mil making $73-75mil in total revenue at higher margins. Better then $CAVA $CMG $BROS SHAK CBRL

$RICK turns out “honest strip clubs” aren’t as honest as is proclaimed. I can’t imagine shilling this Turkey for years at $50-60 prior to the collapse. Of all the stocks to become obsessed with this is the trashiest selection.

$RICK economy. Younger generations aren’t spending $ at strip clubs. Going subscription to see t&a

$RICK bombshells sss now down how much from 2021 after 10+ quarters of double digit decline? Clubs negative same store sales