RCI Hospitality targets $400M revenue and doubles free cash flow per share by fiscal 2029 amid ongoing portfolio optimization (NASDAQ:RICK)

Core Insights - RCI Hospitality Holdings, Inc. aims to achieve $400 million in revenue and double free cash flow per share by fiscal 2029 through ongoing portfolio optimization [2] Group 1: Financial Performance - Nightclub revenues remained nearly stable despite ongoing economic uncertainty [2] - Bombshells revenues were impacted by the previously announced divestiture or closure of five underperforming locations [2]

RCI Hospitality targets $400M revenue and doubles free cash flow per share by fiscal 2029 amid ongoing portfolio optimization (NASDAQ:RICK) - Reportify