Rick's Cabaret International had total revenues in its group of 23 nightclubs of $20.5M in Q3 ending June 30, 2011, an increase of 15.2% over revenues of $17.8M in the same quarter in 2010. The figures do not include results from Rick's Cabaret in Las Vegas, which was discontinued during the quarter. Same store sales at clubs operated for more than one year rose 9.0% for the quarter, to $19.2M from $17.6M in the same period in 2010.
Hawkish comments by U.S. Federal Reserve Chairman Ben Bernanke and weakness in China's factory activity rattled …