Rick's Cabaret International Nightclub Sales up 15.2% In Q3 To $23.6M
Rick's Cabaret International, Inc. (NASDAQ: RICK) said strong performances by newly acquired nightclubs in Dallas, Tootsie's Cabaret in Miami and Club Onyx locations in Philadelphia and Charlotte helped to drive a 15.2 percent increase in revenues for the quarter ending June 30th.
The company said it recorded $23.6 million in revenues for the quarter, compared with $20.6 million in the same quarter in 2011. Same location-same period sales at clubs open for more than one year increased by five percent.
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