HOUSTON, TX – Not every business in the adult entertainment industry is suffering. Rick’s Cabaret International, Inc., for instance, has seen its night club sales rise to $20.7 million during its fourth quarter. This is an increase of 12.7 percent over the same period the year previous.
Same store sales during the quarter at nightclubs operated for more than one year were $19.8 million, an increase of 7.9 percent over the $18.3 million reported in 2010.
Gains were reported at all brand name groups for quarter, particularly Tootsie’s Cabaret in Miami, Cabaret East in Fort Worth, XTC Cabaret in Dallas and the Rick’s Cabaret locations in San Antonio and Austin.
Rick’s Cabaret International, Inc. will report its full year results, including the fourth quarter, in December.
