Restaurant Resource - Ricks Cabaret International News

RCI Entertainment (Fort Worth), Inc., a subsidiary of Rick’s Cabaret International, Inc. (NASDAQ: RICK), the premier publicly traded group of upscale gentlemen’s clubs, has acquired Jaguar’s Gold Club in Fort Worth, Texas, from VCG Holding Corp. (NASDAQ: VCGH). - More

Rick’s Cabaret International, Inc. (NASDAQ: RICK), the nation’s leading group of upscale gentlemen’s clubs, said today it has completed a new $9.2 million round of financing through convertible debentures. - More

The overall gross revenue decline from the $7.2 million reported in May 2009 was chiefly due to lower sales at the company’s Rick’s Cabaret in Las Vegas, where sales dropped from nearly $1.6 million in 2009 to about $635,000 because the company stopped paying extraordinarily high taxi cab-related marketing costs. - More

Rick’s Cabaret International, Inc. (NASDAQ: RICK), owner of leading scale gentlemen’s clubs, said today its nightclub sales in March were $7.5 million, an 11.1 percent increase over the $6.75 million reported in the previous year. Same club sales were $6.88 million, a 3.5 percent increase over March 2009. - More

Rick’s Cabaret International, Inc. (NASDAQ: RICK) announced that it was not able to enter into a definitive merger agreement to acquire all of the outstanding stock of VCG Holding Corp.in accordance with its letter of intent with VCG. - More

Rick's Cabaret International, Inc. (NASDAQ: RICK) and VCG Holding Corp. (NASDAQ: VCGH) have extended from March 12, 2010 until March 31, 2010 the Letter of Intent for a merger under which Rick’s Cabaret would acquire the outstanding shares of VCG Holding to form the largest publicly traded operator of upscale gentlemen's clubs in North Amer... - More

Rick’s Cabaret International, Inc. (NASDAQ: RICK), the nation’s premier operator of upscale gentlemen’s clubs, said sales at its nightclubs in February were $7.65 million, a 34.7 percent increase over sales of $5.58 million in February 2009. - More

Rick’s Cabaret International, Inc. (NASDAQ: RICK) today reported consolidated total revenues of $20 million for its first quarter ending Dec. 31, 2009, a 16.8 percent increase over the same period a year ago. The increase was primarily attributed to a 14.5 percent increase in same store sales plus revenues from new nightclubs in Austin and Ft. W... - More

Rick’s Cabaret International, Inc. (NASDAQ: RICK), the leading chain of gentlemen’s clubs, said sales at its nightclubs in January rose 20.75 percent over January 2009, while same club sales climbed 14.65 percent over the previous January. - More

Rick's Cabaret International, Inc. (NASDAQ: RICK), the leading chain of upscale gentlemen's clubs, today issued guidance to investors on its anticipated performance in fiscal 2010. - More