Quick Index
 Adult Industry News
Search AINews Database
Type Keyword or Phrase Here
EXPO 2015, August 23-26, New Orleans
   
 

Front Page
Film News
Media News
Business News
Clubs & Appearances
Law & Politics
Internet & Mobile News
Lifestyles Arts Health Charity
Letters to the Editor
Columns
Movie Spotlight Reviews
Interviews
Pornstar Pages
AINews Staff
Ad Rates
PR 101: Press Release Service

Caliente Swinger Vacations!

Kayden Kross at Twistys

July 10, 2007 12:21am
Rick's June Sales Another Record High
Source: Rick's Cabaret International, Inc.
by: Company Press Release

(HOUSTON, TX) -- Rick’s Cabaret International, Inc. (Nasdaq: Rick), operator of upscale gentlemen’s clubs, today reported June nightclub sales of $2,956,787, the second consecutive month of record revenues.

The 38 percent increase over sales in June 2006 was driven by continued development at the company’s flagship New York City club and contributions from the newest clubs in Ft. Worth, Austin and San Antonio in Texas.

Same store sales were up more than 9 percent to $2,338,642 compared with the June 2006 total of $2,142,148.

"We are pleased with the continued growth in our overall revenue and we remain on track to meet our gross revenue target of $32-$34 million for our fiscal year ending September 30th," said Eric Langan, President and Ceo of the company.

The previous record monthly nightclub income for the company was in May 2007, when sales were $2,831,807.

About Rick’s Cabaret:

Rick’s Cabaret International, Inc. (Nasdaq: Rick) operates upscale adult nightclubs serving primarily businessmen and professionals that offer live adult entertainment, restaurant and bar operations. The company owns and operates or licenses adult nightclubs in New York City, New Orleans, Charlotte, Houston, Minneapolis and other cities under the names "Rick's Cabaret," "XTC" and "Club Onyx." No sexual contact is permitted at any of these locations. Rick’s Cabaret also owns the adult Internet membership Web site, couplestouch.com, and a network of online adult auction sites under the flagship URL naughtybids.com. Rick’s Cabaret common stock is traded on Nasdaq under the symbol Rick. For further information contact ir@ricks.com.

Forward-looking Statements:

This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company’s actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in New York City and elsewhere, the success or lack thereof in launching and building the company’s businesses in New York City and elsewhere, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information go to www.ricks.com.

Media Contact: Allan Priaulx, 212-338-0050 ir@ricks.com


Related Stories

Related Sites - WARNING! Graphic Content

RavenBay01.3gp

See BiBi Jones at Digital Playground

Top Stories

MWA: 05/22/15

Amateur Allure New Lines

Sin Claire with Foxxx

Adult's Achilles Heel

AHF's Hidden Agenda

New Smash VP Wyatt Case

Ink Inks OC, The Rub

National Porn Star Day

Pistol, Ross Talk Condoms

XXX Casting Call

Direct Reps Harper

AJ Applegate Available

Emma Marx: Boundaries ~ Reviewer Rated

Strippers Ready for Baseball

MWA: 05/04/15

RAW Signs Sasha Bradshaw

Modern Comstockery

Nikki Phoenix Appearance

Rock’N’SeXXXy Welcomes Billy Blair

Karaoke XXX Needs New Location

Jane & Ward Hosting XRCO

SashaBrabuster's XXX Comeback

Control ~ Reviewer Rated

XRCO 2015 Nominees

A Leaner Message

MWA: 02/26/15

50 Shades of Grey ~ Cinema Seen

XRCO 2015 Hall of Fame

Interview with Ela Darling

Derrick Pierce Interview

The News Rack: Naked Swingers

MWA: 02/07/15

Interview of Holly Heart

ED Expo to Big Easy

More
Stories From

Business News

Sin Claire with Foxxx

New Smash VP Wyatt Case

Ink Inks OC, The Rub

RAW Signs Sasha Bradshaw

Direct Reps Harper

SashaBrabuster's XXX Comeback

AJ Applegate Available

Freedom Acres Open House

Global Adult Industry Association

Tod Hunter Press Releases

Cumisha Amado at Sagebrush

J.Lo Doc Johnson Offer

Passport to Hustler Event

Advertise on AINews

Freedom Acres Location

Nina Elle Retains Star Factory

Karen Summer Returns

She's Judas & Available

Camming Con Moves Dates

Exquisite Distributes DDF

Cherie Deville Returns

Roxanne Rae Available

Cherie Deville Available

Maryjean Available in LA

Alicia Silver Productions Content

Thomas Bagley Outed Belle Knox

Casting Call for 'Operation: Outdoors'

Mission Control Open House

Cherie Deville in LA

PASS Holiday Schedule

Santa Susana Pass Location

Sure Fuck Clothing Line

Nadia Night With Lucky Devil

Richelle Ryan Available

LATATA Responds to FSC

FSC Burdens Performers

Online Dating Summit Curacao

Tanya Tate Action Figure

Cam Studio Rental Rates

Sportsheets ILS Blitz

Fantasy Lingerie Storerotica Noms

New Networking Event

Crowdfunding for Adult Entertainment

Jack Hammer Coming Back

Jodie Stacks Available

TES Early Bird Price

XBIZ Executive Awards

June SCCC Mixer

Von James Hires Rub

Entertainment Equipment Floaters

AEE/ANE Seminar Schedule

Mia Gold Available

Topco StorErotica Nom

NS Novelties Storerotica Noms

Baci Announces New Distributor

Sliquid Fifty Shades Collection

Zolo StorErotica Nom

ECN StorErotica Noms

Sliquid StorErotica Noms

Obamacare Expert Randy Limbeck

SLS at Mister Leather

Barcelona Trade Show

Sensuva StorErotica Nom

SLS StorErotica Nom

Angel Del Rey New Pictures

Kira Lake New Pictures

RingO Ranglers Nominated

CB-X Nommed For 2

PHS Nommed StorErotica Awards

Good News From Lallasa

May is Masturbation Month

Kira Lake Available

OCM Rub Valentine

Sin City Chamber April Event

Crystal Delights Creates Trophies

AINews New Look

Business News Section Index

     
Copyright © 1998 - 2015 Adult Industry News (AINews.com)
All materials constituting text, articles, press releases, stories, columns, photographs, graphics, and code on the AINews.com domain are protected by copyright, and either owned by Adult Industry News (AINews.com), or reproduced with permission from other copyright owners. It may be downloaded and printed for personal reference, but not otherwise copied, altered in any way, or transmitted to others, without the written permission of Adult Industry News (AINews.com).