Rick's Cabaret Reports 20 Percent Sales Gain

NEW YORK — Gentlemen's club operator Rick's Cabaret International Inc., has announced that July revenues at its clubs were $6.5 million, a 20 percent increase over July 2008 revenues of $5.4 million. Same-club sales for locations open more than a year increased 5.26 percent over the previous July.

"The revenue report for July indicates that our key clubs are doing very well in this difficult economic period," said Eric Langan, president and CEO of Rick's Cabaret. "We had positive growth in key markets such as New York, Miami, Minneapolis and San Antonio. While we still face challenges in several markets we are addressing them aggressively."

The company's flagship Rick's Cabaret/New York City in Manhattan and Tootsie's Cabaret in Miami reported very strong July revenues with increases of more than seven percent each over the previous July. Reported sales at the rebranded Club Onyx in Philadelphia were 65 percent above the previous July, when the location was operated as a Rick's Cabaret.

Last week, Rick's reported that it had raised $7.2 million through convertible debentures to make new acquisitions.

Rick's Cabaret is traded on Nasdaq and operates adult nightclubs in New York, Miami, Philadelphia, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names Rick's Cabaret, XTC, Club Onyx and Tootsie's Cabaret. Rick's Cabaret also operates a media division, ED Publications.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Honey Play Box Debuts 'Tressa' Vibrator

Honey Play Box introduced its new Tressa multi-stimulation, app-enabled vibrator.

Blush Debuts 2 New Glass Plugs From 'Oh My Gem' Collection

Blush has introduced two new glass plugs, Lustre and Prestige, from its Oh My Gem collection.

EP Products Founder Don Wilson Passes Away

Don Wilson, the founder of EP Products and a notable figure in Canada's adult retail community, has passed away. He was 78.

Orion Debuts 'Your Strap-On' Collection From 'You2Toys' Line

Orion Wholesale has introduced the Your Strap-On collection from its You2Toys line.

Stephen Colbert Takes Aim at Texas' Crackdown on Sex Toys

Stephen Colbert is cracking up over Texas lawmakers’ crackdown on sex toys in the state.

XR Brands 'Silicone Body Forms' Highlighted at Paris Fashion Week

XR Brands’ Ripped Silicone Male Chest and Perky Pair Silicone Breasts were highlighted at 2025 Paris Fashion Week.

Eye of Love Introduces 'Matchmaker Collection' Planogram

Eye of Love has debuted a new display planogram for its Matchmaker Collection of pheromone-infused scents.

Fleshlight Debuts Taylor Vixxen Stroker

Fleshlight has introduced its new Pro stroker, molded on the anatomy of Taylor Vixxen.

Orion Expands 'LateX' Collection With 2 New Outfits

Orion Wholesale has added two new outfits to its LateX collection of fetish apparel.

Blush Debuts 'Unicorn Dreams' Vibrator

Blush has introduced the new Unicorn Dreams vibrator from its Play With Me collection.

Show More