Rick's Cabaret Will Hold Conference Call May 14th To Discuss Second Quarter Results And Later Stage A "Due Diligence Ball" At Its New York City Club
HOUSTON-(May 11, 2007)
-Rick's Cabaret International,
Inc. [NASDAQ:RICK]
will release its second quarter 2007 results on May 14th, followed
by a
conference call/webcast hosted by CEO
Eric
Langan and later a "
Due Diligence Ball"
for financial industry professionals at the company's New York City
nightclub.
Results for the quarter ended March 31, 2007 are scheduled to be
filed with the SEC May 14th.
The conference call is scheduled to begin at 4:30 p.m. EDT to allow
securities analysts and shareholders the opportunity to hear management
discuss the company's quarterly results. The call is being webcast
by Vcall and can be accessed at the Rick's Cabaret website, www.ricks.com
or
www.InvestorCalendar.com.
Toll free live participant dial In number is 877-407-8031, and international
callers are invited to dial 201-689-8031. The InComm IQueue to ask
Mr. Langan questions online can be accessed at:
http://iqueue.incommsolutions.com.
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 nightclub, which opened in
September 2005. Financial community professionals will receive free
admission to the club, free hors d'oeurvre and can purchase all
drinks for $7 from 6 p.m. to 9 p.m. To RSVP email
[email protected].
About Rick's Cabaret
Rick's Cabaret International, Inc. (NASDAQ: RICK,
www.ricks.com)
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,
www.couplestouch.com,
and a network of online adult auction sites under the flagship URL
www.naughtybids.com. Rick's
Cabaret common stock is traded on NASDAQ under the symbol RICK.
For further information contact
[email protected]
or visit
www.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; 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.