Rick's Cabaret (RICK) Reports November Revenues
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Rick's Cabaret International, Inc. (NASDAQ: RICK) nightclub sales in November were $2,180,518, a 19% increase over the prior year's November sales of $1,832,669.
Same club sales for November 2006 were $1,930,326, a 5.33% increase over same club sales in 2005. Same club sales now include the New York City club, which opened in September 2006.
"We continue to show steady year-to-year growth overall, particularly in our New York City Club," said Eric Langan, CEO of Rick's Cabaret. "We are also devoting appropriate management resources to getting our new clubs in San Antonio and Austin up to speed and we are looking forward to our Charlotte location resuming its contribution when we complete its conversion from a Rick's Cabaret to the Club Onyx format in mid-December."
Same club sales for November 2006 were $1,930,326, a 5.33% increase over same club sales in 2005. Same club sales now include the New York City club, which opened in September 2006.
"We continue to show steady year-to-year growth overall, particularly in our New York City Club," said Eric Langan, CEO of Rick's Cabaret. "We are also devoting appropriate management resources to getting our new clubs in San Antonio and Austin up to speed and we are looking forward to our Charlotte location resuming its contribution when we complete its conversion from a Rick's Cabaret to the Club Onyx format in mid-December."
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