Rick's Cabaret Will Hold Conference Call February 12th To Discuss First Quarter Results; Investment Community Invited To A "Due Diligence Ball" Later At Its New York City Club
HOUSTON-(February 7, 2008)- Rick's Cabaret International,
the premier publicly traded operator of gentlemen's clubs, will release
its first quarter 2008 results on Tuesday, February 12th, followed by
a conference call/webcast
hosted by CEO Eric
. Financial industry professionals are invited to attend
a "Due Diligence Ball
" after the call at the
company's New York City nightclub.
The February 12th conference call to discuss results of the quarter ended
December 31, 2007 is scheduled to begin at 4:30 p.m. ET to allow securities
analysts and shareholders the opportunity to hear management discuss the
company's quarterly results. The call is being webcast by http://www.vcall.com/IC/CEPage.asp?ID=125984
and can also be accessed at the Rick’s Cabaret website, www.ricks.com
The toll free live participant dial-in number is 877-407-8031
and international callers are invited to dial 201-689-8031. The toll free
replay Number is 877-660-6853.
The "Due Diligence Ball" is the latest such event held by Rick's
Cabaret at its New York City flagship nightclub, designed to give the
financial industry a chance to see the club's operations first hand. Industry
professionals will receive free admission to the club, free hors d'oeuvres,
and can purchase all drinks at discount prices from 6 p.m. to 9 p.m. To
RSVP email firstname.lastname@example.org.
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 email@example.com.
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; 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; unexpected
increases in costs 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; the impact of any negative publicity or
public attitudes; competitive pressure from other national and regional
nightclub chains; 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 www.ricks.com.
for further information: Allan Priaulx, 212-338-0050, firstname.lastname@example.org