August 07, 2007 11:00pm
Rick's July Club Sales Up
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 July nightclub sales of $2,948,534, a 54 percent gain over July 2006. Same store sales climbed 19 percent over the previous July.
The increase over July 2006 results was driven by strong growth at the Rick’s Cabaret in New York City, contributions from the new Austin location and the acquisition of the Ft. Worth club.
Same store sales were $2,279,239 compared with the July 2006 total of $1,914,988.
"Summer is traditionally our slower period, so we are very pleased with our continued overall growth," said Eric Langan, President and CEO of the company.