Steve Wynn sold a Picaso for $160M that he had stuck his elbow through. A repaired old painting worth 2x RICK's current market cap? That painting owns no real estate and has 0 annual revenue last I checked. Management has a lot of work to do here. I think most of it has to do with THEIR image rather than the company's image.
Eliminating the weak clubs HAS to improve profitability. I've always said that SSS fluctuation in the strip club business is not a big deal. A 2 or 3 year decline would raise eyebrows, but not a single Y-O-Y comp.