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RCI’s other big small business segment is its sports bar restaurant chain known as Bombshells. This segment of RCI currently has 13 locations, all of which are in Texas except for their Denver, CO location, which is a food hall. Bombshells has been struggling with slipping sales figures more than the past couple of years. Bombshell’s income is down -7.% YOY from $59.9 million in 2022 to $55.7 million in 2023. Bombshell’s $55.7 million in revenue for 2023 is at the moment sitting at 1.six% under their 2021 revenue of $56.six million, despite having three added places. In 2022, Bombshells produced up 22.four% of RCI’s revenue, dropping to just 19% in 2023. RCI Hospitality Holdings, Inc. makes most of its revenues from operating an assortment of adult nightclubs. The nightclub segment created up roughly 80.6% of RCI’s total revenues in 2023.

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