VCG Holding Corp. Announces 2007 Fourth-Quarter and Full-Year Earnings Conference Call and Press Release
April 11 2008 - 12:11PM
Business Wire
VCG Holding Corp. (NASDAQ: VCGH), today announced that it will
release its 2007 fourth-quarter and full-year financial results
Monday, April 14, 2008 after the market closes. In conjunction with
the earnings release, VCG will be hosting a conference call to
discuss these results and to answer questions at 5:00 p.m. Eastern
Time on Tuesday, April 15, 2008. The telephone number to
participate in the conference call will be included in Monday�s
news release. A replay will be available from midnight April 15,
2008 until midnight April 22, 2008. The number to hear the
teleconference replay will also be included in Monday�s news
release, as well as on our web page. The conference call will also
be broadcast live over the Internet. To listen to the call via the
Internet, access VCG Holding�s website at
http://www.vcgh.client.shareholder.com/ and follow the instructions
at the web cast link. The archived web cast will be available
shortly after the call on the Company�s website. About VCG Holding
Corp. VCG Holding Corp. is an owner, operator and consolidator of
adult nightclubs throughout the United States. The Company
currently owns 19 adult nightclubs and one upscale dance lounge.
The night clubs are located in Indianapolis, IN, St. Louis, MO,
Denver and Colorado Springs, CO, Ft. Worth, and Dallas, TX,
Raleigh, NC, Minneapolis, MN, Louisville, KY, Portland, ME, and
Miami, FL. Forward-Looking Statements: Statements contained in this
press release concerning future results, performance or
expectations are forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. These
statements include statements regarding the intent, belief or
current expectations of the Company and members of its management
team, as well as assumptions on which such statements are based.
All forward-looking statements in this press release are based upon
information available to the Company on the date of this press
release. Forward-looking statements involve a number of risks and
uncertainties, and other factors, that could cause actual results,
performance or developments to differ materially from those
expressed or implied by those forward-looking statements including
the following: failure of facts to conform to necessary management
estimates and assumptions; the Company�s ability to identify and
secure suitable locations for new nightclubs on acceptable terms,
open the anticipated number of new nightclubs on time and within
budget, achieve anticipated rates of same-store sales, hire and
train additional nightclub personnel and integrate new nightclubs
into its operations; the continued implementation of the Company�s
business discipline over a large nightclub base; unexpected
increases in cost of sales or employee, pre-opening or other
expenses; the economic conditions in the new markets into which the
Company expands and possible uncertainties in the customer base in
these areas; fluctuations in quarterly operating results;
seasonality; changes in customer spending patterns; the impact of
any negative publicity or public attitudes; competitive pressures
from other national and regional nightclub chains; business
conditions, such as inflation or a recession, or other negative
effect on nightclub patterns, or some other negative effect on the
economy, in general, including (without limitation) growth in the
nightclub industry and the general economy; changes in monetary and
fiscal policies, laws and regulations; war, insurrection and/or
terrorist attacks on United States soil; and other risks identified
from time to time in the Company�s SEC reports, including the
Annual Report on Form 10-KSB for 2006, Quarterly Reports on Form
10-QSB and Current Reports on Form 8-K, registration statements,
press releases and other communications. The Company undertakes no
obligation to update or revise forward-looking statements to
reflect changed assumptions, the occurrence of unanticipated events
or changes to future operating results over time.
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