Rick's Cabaret International, Inc. Reports 13 Percent Rise in Same Club Sales for October
Rick's Cabaret International, Inc. (NASDAQ: RICK), the nation's premier chain of upscale gentlemen's clubs, today reported sales of $6.86 million at its nightclubs in October, an increase of about 13 percent over sales of $6.07 million registered in October 2008.
'Except for the newest acquisition in Ft. Worth, all of our clubs are now in our same store comparable figures and we are pleased with the gain. We expect to see continued growth in same club sales going forward as a result of our marketing efforts and the improving economy,' said Eric Langan, President and CEO of Rick's Cabaret International. He noted that the October results reflect the closing of two of our smaller locations in Texas.
The company said monthly same club/same period sales for clubs open more than one year rose 13.06 percent to $6.67 million from the $5.9 million reported last October, driven primarily by improved sales at the Rick's Cabaret Las Vegas location, which is included in same store sales for the first time.
Logos, product and company names mentioned are the property of their respective owners.
- Rick's Cabaret International, Inc. Reports Sharp Profit Increase in Fiscal Year 2011 Over Prior Year
- Rick’s Cabaret International Inc. Takes Steps to End Las Vegas Club Losses by Curtailing Its Operation
- Rick’s Cabaret International, Inc. Reports Quarterly Adult Nightclub Sales of $22.5 Million
- Rick’s Cabaret International, Inc. Signs Letter of Intent to Acquire Schiek’s Palace Royale Gentlemen’s Club in Minneapolis
- Rick’s Cabaret International, Inc. Reports Fiscal 2010 Results
- AFC First Quarter 2012 Net Income Up 21%
- Cosi, Inc. Reports 2012 First Quarter Results
- Krispy Kreme Reports Financial Results for the First Quarter of Fiscal 2013
- Cracker Barrel Reports Results for Third Quarter Fiscal 2012 and Increases Full-Year Earnings Guidance
- Country Style Cooking Restaurant Chain Reports First Quarter 2012 Financial Results
