Rick’s Cabaret International, Inc. (NASDAQ:RICK) has released the sales results for March 2010. The sales report showed that the company saw an 11.1% increase over the year ago period’s sales of $6.75 million, at $7.5 million. It’s same club sales were reported as $6.88 million, 3.5% over the year ago period. Rick’s nightclub revenues have elevated it’s second quarter sales by 21.6% to $21.97 million. The second quarter sales results for 2009 were reported as $18.07 million. For more information about the company’s sales, visit http://www.ricks.com/.
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Rick’s Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, 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”. Sexual contact is not permitted at these locations. Rick’s Cabaret also operates a media division, ED Publications, and owns the adult Internet membership Website couplestouch.com as well as a network of online adult auction sites under the flagship URL naughtybids.com. Rick’s Cabaret common stock is traded on NASDAQ under the symbol RICK.
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