Rick's Cabaret Will Hold Conference Call August 14th to Discuss Third Quarter Results and Later Stage a ``Due Diligence Ball'' a
August 08 2007 - 10:06AM
Business Wire
Rick�s Cabaret International, Inc. (NASDAQ: RICK) will release its
third quarter 2007 results on August 14th, followed by a conference
call/webcast hosted by President and CEO Eric Langan and later host
a �Due Diligence Ball� for financial industry professionals at the
company�s New York City nightclub. Results for the quarter ended
June 30, 2007 are scheduled to be filed with the SEC August 14th.
The conference call is scheduled to begin at 4:30 p.m. EDT to allow
securities analysts and shareholders the opportunity to hear Mr.
Langan and Rick�s Cabaret CFO Phillip Marshall discuss the
company's quarterly results. The call is being webcast with slides
by Shareholder.com and can be accessed through the Rick�s Cabaret
website (ricks.com). The toll free live participant dial-in number
for callers from the U.S. and Canada is 800-361-0912, while
international callers can use 913-981-5559. The conference call
will be available for replay for 14 days after the event at
888-203-1112 (U.S. and Canada) and 719-457-0820 (international).
Replay passcode: 9453772. The �Due Diligence Ball� events at the
Rick�s Cabaret/New York City nightclub (50 West 33rd Street between
Fifth and Broadway), have become popular among financial community
professionals, who get a chance to see the company in operation.
Guests receive free admission and hors d��uvres, and can purchase
all drinks for $7 from 6 p.m. to 9 p.m. To RSVP please email
ir@ricks.com. During the conference call Mr. Langan will discuss
the results of two recent record-setting months for revenues at the
company�s nightclubs, May with $2,831,807 and June with $2,956,787.
The July sales of $2,948,534, which represented a 54 percent gain
over July 2006, will be included in the company�s fourth quarter
results. About Rick�s Cabaret: Rick�s Cabaret International, Inc.
(NASDAQ: RICK) operates upscale adult nightclubs serving primarily
businessmen and professionals that offer live adult entertainment,
restaurant and bar operations. The company owns and operates or
licenses adult nightclubs in New York City, New Orleans, Charlotte,
Houston, Minneapolis and other cities under the names "Rick's
Cabaret," "XTC" and �Club Onyx.� No sexual contact is permitted at
any of these locations. Rick�s Cabaret also owns the adult Internet
membership Web site, couplestouch.com, and 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. For
further information contact ir@ricks.com. Forward-looking
Statements: This document contains forward-looking statements that
involve a number of risks and uncertainties that could cause the
company�s actual results to differ materially from those indicated
in this document, including�the risks and uncertainties associated
with operating and managing�an adult business, the business
climates in New York City and elsewhere, the success or lack
thereof in launching and building the company�s businesses in New
York City and elsewhere, risks and uncertainties related to the
operational and financial results of our Web sites, conditions
relevant to real estate transactions, and numerous other factors
such as laws governing the operation of adult entertainment
businesses, competition and dependence on key personnel. Rick's has
no obligation to update or revise the forward-looking statements to
reflect the occurrence of future events or circumstances. For
further information go to ricks.com.
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