During a conference call with investors Thursday, Rick’s Cabaret International told shareholders the company anticipates its 2008 sales to total approximately $60 million, with net income projected at just under $10 million.
Gentlemen's club operator Rick's Cabaret International Inc. has acquired Tootsies Cabaret, a 47,000-square-foot adult club in Miami Gardens, Fla., for a reported $25 million. The acquisition brings the total number of clubs operated by Rick's to 15.
Gentlemen's club operator Rick's Cabaret International Inc. has reported October sales of $2.8 million, a 36 percent increase over sales in October 2006.
Gentlemen's club operator Rick's Cabaret International Inc. has reported June nightclub sales of $2.9 million, the second consecutive month of record revenues.