HOUSTON -(December 5, 2006)- Rick's Cabaret International,
nightclub sales in November were $2,180,518, a 19 per cent 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 per cent
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."
About Rick's Cabaret
Rick's Cabaret International, Inc. (NASDAQ: RICK, www.ricks.com
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, www.couplestouch.com
and a network of online adult auction sites under the flagship URL
Cabaret common stock is traded on NASDAQ under the symbol RICK.
For further information contact email@example.com
or visit www.ricks.com
This press release may contain 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
Contact for further information: Allan Priaulx, 212-338-0050,
Join Our Rick’s Cabaret Investor Email List
If you would like to receive all press releases and other important corporate announcements by email the moment they are distributed by BusinessWire,
just send your request to firstname.lastname@example.org
. We’ll make sure you are on the list (and, you can remove yourself at any
time by just clicking the "Unsubscribe" button at the bottom of every release.